Tag Archives: Economy

Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.

Foreign Direct Investment (FDI) in the country registered a 50 percent growth in the 10 months of the current Iranian calendar year.

Chinese oil demand has dropped by about 3 million barrels a day. or 20% of total consumption. as the coronavirus squeezes the economy. according to people with inside knowledge of the country’s energy industry.

A gauge of the nation’s stocks plunged almost 8%. commodity futures from iron ore to crude sank by the daily limit. and the yuan weakened past a key level against the dollar.

Iraq. OPEC’s second-biggest oil producer. supports any agreement that would stabilize the market.

Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.

On January 5. Iran announced that it is taking the last and final step to stop its commitments to the JCPOA.

France is fully determined to make efforts for removal of unilateral sanctions on Iran and expansion of cooperation between the two sides.

A member of the Iranian parliament says the US sanctions on Iran’s economy had the least impact on the accelerating pace of the country’s petrochemical industry.

133 major energy projects have been inaugurated in various provinces across the country in recent months.