Tag Archives: Minister

OPEC is close to reaching an agreement to extend the production cut deal beyond June.

In 2018. India imported the third-highest volume of crude oil by value after China and the United States.

Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.

After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.

Europeans are in no position to criticize Iran even in fields unrelated to the JCPOA.

Iran insists its nuclear activities are entirely peaceful. and has repeatedly refused to discuss its missile program.

Tehran is resolute to put an end to its economy’s reliance on revenues from crude exports. adding that trade and the capacities of the country’s countless ports can be tapped into more seriouly.

Direct flight services between Iran and Tajikistan were resumed with Iranian airliner Varesh'.s flight from the holy city of Mashhad to the Tajik capital city of Dushanbe.

Iranian Economy Minister Farhad Dejpasand said that Tehran has witnessed no change in its tax revenues despite US pressures. with 1.09 quadrillion rials (above $8.2 billion) of tax earnings in the last local calendar year.

Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'.ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran. saying that finding the origin of such products is not easy.