Oil prices crashed as much as 30% within seconds of the market opening on Sunday evening after the Organization of the Petroleum Exporting Countries (OPEC) failed to strike a deal on output cut on Friday.
Read More »Exports via Sistan and Baluchestan Hit 2mn Tons in 11 Months
More than 1.987 million tons of commodities were exported through the customs of the southeastern province of Sistan and Baluchestan in 11 months.
Read More »Iran Considers Ban or Tariffs on Iron Ore Exports
The Ministry of Industries, Mining and Trade is planning to either ban or set heavy tariffs on iron ore exports in the next Iranian year (starting March 20), says Deputy Minister Dariush Esmaeili. According to the official, the ministry is pursuing plans to prevent the export of iron ores next …
Read More »FATF’s Blacklisting has No Impact on Iran’s Economic Transactions
A member of Iranian Parliament’s economic commission says 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. Speaking to Mehr correspondent on Monday, Mohammadreza Pourrahimi, a member of the Iranian Parliament’s economic commission, said …
Read More »FATF’s Blacklisting has no Impact on Iran’s Economic Transactions
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.
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