Tag Archives: Exchange

Iran and Iraq are bound together by centuries of economic. religious and political ties.

Oil is heading for its second monthly loss this year as a gloomy economic outlook eclipses concerns crude flows may be disrupted from the Middle East.

Iran will undertake a new measure to contain foreign-backed shocks against its economy with operationalizing the long-anticipated initiative of Integrated Currency Market by mid-August.

The 13th International Exhibition of Iran Plast where knowledge-based companies active in the field of polymer technologies from Iran and all over the world showcase their capabilities will be held in the Iranian capital city of Tehran in September.

West Texas Intermediate futures rose one per cent to $56.32 a barrel on the New York Mercantile Exchange. Brent crude.

Road and Urban Development Minister Mohammad Eslami underlined said Iran has developed its radar technology to an extent that it is turning into an exporter of such systems.

Crude has been weighed down by concerns that demand is slowing. but the focus is now shifting back to supply and geopolitical risks.

Schlumberger’s Paal Kibsgaard may be leaving his job. but he’ll collect paychecks for years to come.

Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz. stoking concern crude flows from the Middle East may be disrupted.

The Iranian national currency of rial is 118.000 against the US dollar which shows a relatively high regain of value compared to months of low that followed American introduction of crippling economic sanctions against Tehran.