Tag Archives: Economy

Tehran is resolute to put an end to its economy’s reliance on revenues from crude exports. adding that trade and the capacities of the country’s countless ports can be tapped into more seriouly.

Iranian Economy Minister Farhad Dejpasand said that Tehran has witnessed no change in its tax revenues despite US pressures. with 1.09 quadrillion rials (above $8.2 billion) of tax earnings in the last local calendar year.

Iraq has diplomatic leverages to force the US to issue a waiver for Baghdad for importing Iran’s gas. member of the Iraqi parliament from al-Bina Coalition Misaq al-Hamidi said.

Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'.ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran. saying that finding the origin of such products is not easy.

Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.

The United Kingdom has Made major progress in reducing emissions. according to the IEA’s latest country review.

Even as oil demand is beginning to weaken this year due to a brewing economic slowdown. the oil industry faces a longer-term threat to oil demand as bans on plastic begin to multiply.

A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.

The House Judiciary Committee is launching a bipartisan investigation into whether large tech companies such as Facebook. Google and Amazon are using their vast market power to suppress competition.