Tag Archives: Islamic Revolutionary Guard Corps

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.

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.

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.

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.

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.

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.

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).

Iran and Japan enjoy historic and friendly relations.

The Turkish government has always disagreed with US-led sanctions on Iran.

Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.