Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years.
Read More »Russia Exploring Ways to Replace Dollar with Euro. Roubles in Transactions
Russia has attempted to reduce its exposure to the US through a de-dollarization policy to offset the impact of US sanctions.
Read More »Indian Firm Eyes Investing in Qazvin Prov.
An Indian manufacturing company of various brands of home appliances. said that it intends to make investments in Qazvin province.
Read More »After Iran Sanctions. India Ups Crude Oil Imports from US. Nigeria and Russia
The ongoing crisis in the South American country of Venezuela has also seen supplies from the nation drop from 7.6 MT to 6.2 MT.
Read More »Iran to Dispatch Commercial Envoy to UAE
Deputy Minister of Industry. Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) Hamid Zaadboom said that his organization will send commercial attaché to the United Arab Emirates (UAE).
Read More »Iran may Limit IAEA`s Inspections in Fourth Cut to JCPOA Commitments
Iran may decide to limit the International Atomic Energy Agency’s inspections on its nuclear facilities in the fourth step of reducing commitments to JCPOA.
Read More »Iran Reports New Natural Gas Field with 19 tcf Reserve in Fars Province
Iran’s natural gas reserve is the world’s second largest.
Read More »Iran Nano 2019 Underway in Tehran
Iran’s advances in nanotechnology are viewed as a clear example of self sufficiency in the face of the US-led sanctions.
Read More »US Sanctions Hit Global Oil Fleet
VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »WB Predicts Iran’s Economy to Move Out of Recession in 2020
In its latest report. World Bank (WB) forecast that Iran’s economy will move out of downturn in 2020.
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