Another big decline in Iran’s stock market on Sunday has highlighted the precarious state of the economy amid uncertainty over the future of nuclear talks. The Tehran stock market index dropped by about 30,000 points, bringing it close to 1.2 million points, down from more than 1.4 million in early …
Read More »Nuclear Disarmament is Possible if there is Political will
On the occasion of the International Disarmament Week, Iran’s Ambassador to the United Nations Majid Takht Ravanchi said that global nuclear disarmament would be done if there was political will to do so. Iran’s biennial draft resolution entitled “Follow-up to nuclear disarmament obligations agreed to at the 1995, 2000 and …
Read More »Oil Hits Two-Week Low on Iran Nuclear Talks, U.S. Stocks Build
Oil prices slumped to their lowest in two weeks on Thursday after Iran said talks with world powers on its nuclear program would resume by the end of November and U.S. crude inventories rose by much more than expected. Brent crude dropped $1.07, or 1.3 per cent, to $83.51 a …
Read More »Iran, Germany to Hold Joint Energy Committee Meeting
Third Iran-Germany Joint Energy Committee meeting will be held on Tuesday, October 25, Trend reports citing ILNA. The meeting will be held online, via a video conference. The Iranian delegation will be represented by Oil Minister Jawad Owji. According to ILNA, the first Iran-Germany Joint Energy Committee meeting was held …
Read More »Iran FM Stresses Tangible Results in Nuclear Negotiations
Iran welcomes negotiations that have tangible, practical results, the Iranian Minister said, adding that Tehran will return to its commitments if other JCPOA members fufilll their obligations. A telephone conversation was held between the Iranian Minister of Foreign Affairs Hossein Amir-Abdollahian and the UN Secretary-General António Guterres on Monda night. …
Read More »NIOC Planning to Use Private Sector Capacities to Boost Oil Sales
Managing Director of National Iranian Oil Company (NIOC) has said his company is going to benefit from the potentials of the country’s private sector to maximize oil and gas condensate sales in the future, Shana reported. Referring to the NIOC plans in the oil sales sector, Mohsen Khojasteh Mehr said: …
Read More »Iran’s President Says the Capacity of Bushehr Nuclear Power Plant to be Tripled
Iranian President Ebrahim Raisi voiced his satisfaction that Bushehr power plant is being operated at its maximum nominal capacity and generates 1,000 megawatts of electricity. After visiting different parts of the Bushehr nuclear power plant and its developing phases, the Iranian president told reporters that the definite policy of the …
Read More »Iran to US, EU: End Sanctions to Help Address Global Energy Crisis
Iran has called on the decision-makers in the US and the European countries to end anti-Iran sanctions to help ease the global energy crisis. The multiplication of the natural gas prices in Europe as a result of a drop in the fuel’s reserves there, was unprecedented, said Oil Minister Javad …
Read More »Iran’s Non-Oil Exports to Iraq Hits 28% Growth in H1
Secretary-General of Iran-Iraq Joint Chamber of Commerce said that Iran’s export of non-oil goods to Iraq in first six months of the current year hit 28 percent growth as compared to the same period of last year. Jahanbakhsh Sanjabi Shirazi broke the news on Friday and reiterated that Iran’s export …
Read More »Iran Calls for Total Elimination of Nuclear Weapons
The Islamic Republic of Iran’s representative in the United Nations General Assembly called on the world for total elimination of nuclear weapons, rejecting retention, stockpiling, development, use, and proliferation of such weapons at regional and global levels. Reza Najafi, the acting deputy foreign minister for legal and international affairs of …
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