Iranian Foreign Minister's Senior Assistant for Special Political Affairs Ali Asghar Khaji and Russian Deputy Foreign Minister Sergei Vershinin conferred on the latest developments in Syria, including the battle against the coronavirus pandemic.
Read More »CBI Chief Urges IMF’s Immediate Response to Iran’s Request
Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati urged the International Monetary Fund (IMF) for a quick response following Iran’s request for a loan to help fight the COVID-19 pandemic.
Read More »OPEC vs. Non-OPEC
The oil price slump following failure of OPEC+ talks in March is the biggest blow to the oil market since the third oil shock; a new scenario is emerging for the oil market.
Read More »OPEC+ Videoconference Meeting Begins
A crunch videoconference meeting between the Organization of the Petroleum Exporting Countries (OPEC) and Russia started on Thursday evening.
Read More »OPEC+ Hammering Out Historic Cut Deal
Iranian Minister of Petroleum Bijan Zangeneh said the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC allies, especially Russia, were finalizing an agreement to cut production by at least 10 million barrels per day.
Read More »OPEC+ Clinch 10mbd Output Cut Deal
Iranian Minister of Petroleum Bijan Zangeneh said the coalition of oil producers at the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies had agreed to curtail the group’s output by 10 mbd.
Read More »Russia’s Peace Fund Urges EU, US to Lift Sanctions against Iran, Venezuela
Chairman of the Russian Peace Foundation Leonid Slutsky has called on the US, UK and the European Union (EU) to leave policy on unilateral sanctions as the bans have created obstacles to dispatch medical aid to Venezuela and Iran which is fighting the deadly coronavirus. Slutsky made the remarks in …
Read More »Sarisu Trans-Boundary Market New Iran-Turkey Trade Gateway
Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi, on Tuesday, announced Sarisu trans-boundary market as new gateway for imports of goods from Turkey to Iran.
Read More »Japan to offer anti-flue Avigan to Iran
Japanese Foreign Minister Toshimitsu Motegi said on Tuesday that his country plans to provide for free the anti-flu drug Avigan to 20 countries, including Iran, hoping to use it to treat coronavirus patients.
Read More »US has No Right to Veto Iran’s Loan Request from IMF
Iranian Vice President for Economic Affairs Mohammad Nahavandian said that no country including the United States has the right to veto Iran’s request of loan from the International Monetary Fund (IMF).
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