The price of oil spiked on Thursday just hours after a US spy drone violating Iranian airspace was shot down by the Islamic Revolution Guards Corps (IRGC) close to the Strait of Hormuz.
Read More »Iran Eyeing More Trade with Turkey
Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
Read More »Turkey. China. Russia to Join INSTEX
Iran has been called upon to ratify CFT and Palermo as part of the requirements to join the global anti-money laundering watchdog.
Read More »Iran to Surpass 300kg Enriched Uranium Limit in 10 Days
Iran’s Foreign Ministry officials are still in talks and close contact with Europeans.
Read More »Persian Gulf on Edge as Conflicting Accounts of Tanker Attacks Swirl
The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions and raised the risk of a miscalculation.
Read More »US Ban on Iran’s Pet-Chem Exports Ineffective
CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
Read More »Iran. Afghanistan Sign MoU on Peaceful Nuclear Cooperation
The Afghan delegation was visiting Iran to get acquainted with the country’s achievements in nuclear industry.
Read More »Iran’s Giant Pet-Chem Company Vows to Keep Boosting Production. Defying US Pressures
The Persian Gulf Petrochemical Industries Company (PGPIC). Iran’s largest petrochemical holding group. will continue with calm and according to its previous plans of development. CEO of the holding Jafar Rabiei announced after the recent US sanctions.
Read More »Petrochemical Sanctions against Iran Impractical
Former Head of the National Petrochemical Company (NPC) Abdolhossein Bayat downplayed the impacts of the US new sanctions on Iran'.s petrochemical products. describing the move as ineffective.
Read More »US Treasury Hits Iran’s Petrochemical Industry with Sanctions
The administration of US President Donald Trump has announced new sanctions on Iran. targeting the country’s petrochemical industry. including its largest petrochemical holding group. called Persian Gulf Petrochemical Industries Company (PGPIC).
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