VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »Aramco IPO could Break Records
The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.
Read More »Banking System Reform: Improving or Interrupting?
Last week. Iranian Finance and Economic Affairs Minister Farhad Dejpasand announced that a plan for reforming the country’s banking system has been prepared by the ministry and handed over to President Rouhani in late September.
Read More »Iran to Defeat US Policies against Tehran’s Crude Exports
Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
Read More »Iran. Armenia to Broaden IT Cooperation
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi in a meeting with his Armenian counterpart Hakob Arshakyan in Yerevan vowed to further develop bilateral relations.
Read More »Attacks had no Impact on IPO Plans
Saudi Arabia is pressing ahead with plans to sell between 1 percent and 2 percent of Aramco through a local listing.
Read More »Iran`s Economy Improving despite US Sanctions
Iranian First Vice-President Eshaq Jahangiri announced that the US and its allies'. plots to bring the country'.s economy into a collapse have all failed. adding that the conditions are improving.
Read More »US. Allies Witnessing Failure of Maximum Pressure Policy Against Iran
Iranian President Hassan Rouhani said Washington has now come to realize that its policy of maximum pressure on Tehran has failed. and stressed the need for officials to continue resistance.
Read More »NASA Unveils Experimental All-Electric Aircraft
The new plane takes the form of an altered Tecnam P2006T. with the original aircraft’s combustion engines having been replaced with electric cruise motors.
Read More »Demand for Battery Energy Storage to Jump to 400.000Mwh in 2025
The Consortium for Battery Innovation suggests while electric vehicles will increase lithium batteries’ share of the market. demand for all battery technologies will continue to rise.
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