With just three days remaining to the expiry of a 30-day US waiver to import Iranian gas and electricity, Iraq will struggle to drum up some $10 billion in investments over a four-year period to stop these imports at a time when US patience with OPEC’s second-largest oil producer is …
Read More »Historic Fall in US Oil Prices Amid Virus Outbreak
When the capital city of Tehran partially emerged out of the shutdown on Saturday, we witnessed some traffic on the roads for the first time after almost a month, since the beginning of Nowruz holidays.
Read More »OPEC cannot Address Oil Market Crash Alone
Resolving crude oil issues need global support, and producers must work together in order to survive, especially producers who produce more expensive crude.
Read More »Iran, Nakhichevan Energy Cooperation Reviewed
Iran’s Consul General in Nakhichevan Seyyed Ahmad Hosseini and Head of Nakhchivan Oil and Gas Supply Institute Behrouz Azimov on Wednesday discussed cooperation between the country and the autonomous republic in the energy sector. During the meeting, Azimov referred to the recent fluctuations in the energy market and described as …
Read More »TEDPIX Climbs 14,267 Points to Reach 740,404
TEDPIX, the main index of Tehran Stock Exchange (TSE) 14,267 points to hit 740,404 on Wednesday (at 11:52 a.m. local time).
Read More »Coronavirus & Oil Price Ally Against Trump
Nowadays, the black gold experiences a dark time and sharp fall of oil price has cast a shadow on the political economy sector to show that the world’s economy is not going well.
Read More »New Coronavirus Test Kit Cargo Arrives in Iran
A new consignment of coronavirus test kits bought from France arrived in Iran through Sari Su border, northwestern country, on Wednesday morning.
Read More »Iran to Suffer Less Damage Given Its Reduced Reliance on Crude Oil
Emphasizing that all oil-rich countries, including Iran, have suffered losses, President Hassan Rouhani said that Iran will suffer less damage as its reliance on crude oil is less than other countries.
Read More »Iran Ready to Deepen Ties with Uganda
Relations between Iran and Uganda very good and based on mutual respect and said, we are ready to develop bilateral relations in all fields without any restrictions and use all capacities and capabilities in the two countries in the direction of friendly relations.
Read More »Iran’s Trade Events, Fairs not to Be Canceled this Year Due to Pandemic
No trade events and exhibitions will be canceled in the current Iranian calendar year [started March 21, 2020] due to the outbreak of coronavirus, COVID-19, in the country.
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