The move by the Financial Action Task Force (FATF) to place Tehran on its blacklist has no impact on the country’s economic ties with others.
Read More »CBI Doubts Practicality of US Waiver for Medications Imports
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that his country is skeptical about a US decision to allow a Swiss financial channel for importing food and medicine amidst coronavirus outbreak in the Middle East, adding that its practicality must be verified in action.
Read More »South Pars Phase 13 Final Platform Installed
The platform had a 98% physical progress after completion of construction operations at SADRA Iran Marine Industrial Company industrial yard.
Read More »Non-Oil Exports from Iran’s Southern Province Hit $20 Billion
A new official account shows that Iran’s Southern province of Hormuzgan has exported $20 billion worth of non-oil products in the past 11 months of the current local calendar year.
Read More »MP Slams IAEA Report on Iran’s Nuclear Activities as Politically-Motivated
The chairman of the Iranian parliament’s nuclear committee rejected a recent report of the International Atomic Energy Agency about the Islamic Republic’s nuclear activities, saying the organization considers the issue from a political perspective, not a technical one.
Read More »Russia Urges US Against Politicizing IAEA Report on Iran Nuclear Program
Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov has urged the US officials to refrain from politicizing the IAEA report on Iran's nuclear program.
Read More »Iran Saves $7bn with Indigenizing Industries in 5yrs.
Khatam-al Anbiya Construction Headquarters managed to save the country more than $7 billion by localizing the equipment in some industries including oil and gas within five years, according to its commander.
Read More »OPEC Waiting for Non-OPEC Approval for Historic Output Cuts
Iranian Minister of Petroleum Bijan Zangeneh says OPEC had decided to wait for an agreement of non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.
Read More »OPEC, non-OPEC Agreement Reachable before April
Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March.
Read More »OPEC, Non-OPEC Agreement Reachable before April
A sharp drop in aviation and transport demand has sent prices down by a third since January.
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