Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati boasted his country’s victory in thwarting foreign-backed economic conspiracies against Tehran. stressing that the plots to devaluate the national currency of rial have effectively failed.
Read More »Iran’s Economy Signaling Strength
A new report is showing that the month-on-month inflation rate in Iran is curbing. while at the same time the country’s national currency is regaining lost value against the US dollar.
Read More »Iranian Parts Maker Indigenizes Air Bag Tech. after US Sanctions
A giant Iranian auto-parts maker announced that it has acquired the technology behind manufacturing the airbag control unit (ACU) after US-led pressures on car makers obstructed the country’s ability to import high-tech parts needed.
Read More »Nord Stream 2 AG Challenges EU Gas Rules
The Nord Stream 2 pipelin is opposed by the EU institutions and some EU members.
Read More »Iran Warns Brazil over Stranded Ship Barred From Refueling
To resolve the stand-off. Iran is considering sending fuel to the stranded ships.
Read More »Tanker Battles Fail to Move Oil Prices
Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.
Read More »BEIS and Ofgem Seek Views on Future Energy Retail Market Vision
They are considering ways to make regulation more flexible so they can adapt to change more quickly.
Read More »What Are The Barriers And Routes to Market?
The government has launched a consultation. which will run until 25th September 2019.
Read More »Saudi Mulls to Get Stake in India’s Reliance Industries
The two sides could reach an agreement on the value of a possible deal around June.
Read More »IEA Emergency Stocks Large Enough to Cover Disruptions in Oil Supply from Strait of Hormuz
IEA countries hold 1.55 billion barrels of public emergency oil stocks.
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