Iranian Oil Minister Bijan Namdar Zanganeh said that oil market is facing oversupply and termed balance between supply and demand in favor of both producer and consumer.
Read More »China Calls on IAEA to Act Impartially Over Iran’s Nuclear Program
Chinese Foreign Ministry Spokesperson Zhao Lijian urged International Atomic Energy Agency (IAEA) to act impartially regarding Iran’s nuclear case.
Read More »Oil Market Reeling from Supply Glut
Iranian Minister of Petroleum Bijan Zangeneh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.
Read More »Iran Eager to Boost Ties with Bulgaria
President Rouhani wished the Bulgarian leader and people health. prosperity and success.
Read More »Hormozgan Customs Office Export $29bn Products in 11 Months
$29 billion worth of products were exported from this province to various countries in the 11 months of the current Iranian calendar year (from March 21. 2019 to Feb. 20. 2020).
Read More »Iran’s Exports to Iraq Underway
Iran’s export of products to neighboring Iraq is underway and relevant problems facing ahead of Iran’s export of products to this country have been resolved in recent days.
Read More »Iran to Launch First Production Line for Automatic Gearbox in 6 Months
Iran will inaugurate a production line for a totally home-made self-shifting transmission. for the first time in the history of its car-making industry. in a show of defiance to US’ sanctions.
Read More »International Trade Thriving in Iran’s Port of Chabahar
Latest figures and indexes are suggesting growing prosperity in Iran’s Southeastern port city of Chabahar where economic indicators are witnessing multiple jumps.
Read More »Knowledge-Based Companies to Produce 5mn Masks to Combat COVID-19
Government has signed deals with domestic knowledge-based companies for production of five million hygienic masks for fight against coronavirus.
Read More »Money Transfer Problems to Be Resolved by Setting Up Afghan’s Bank Branches in Chabahar
If Afghan’s banks get license for setting up branch offices in Chabahar Free Zone. a large portion of problems ahead of money transfer into this country will be settled.
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