Iran says it will continue taking steps to cease obligations under the nuclear deal. known as the JCPOA. in 60-day intervals.
Read More »Oil Rises as US. China Swap Concessions in Trade War
At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.
Read More »Envoy Calls on India to Resume Iranian Oil Imports
Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.
Read More »Iran to Hand Small Ports to Private Sector
Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.
Read More »Iran to Pay Higher to Spur Renewable Suppliers
SATBA has proposed a plan to the government to buy electricity generated in the renewable sector at higher prices in order to encourage more investment from suppliers who are grappling with economic difficulties. a spokesman said.
Read More »Iran to Hand Gas Field Contract to Domestic Company
An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.
Read More »Iran`s Forex Market Stable Despite Washington’s Maximum Pressures
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran’s foreign currencies market is stable in spite of the United States'. continued maximum pressure campaign.
Read More »Iraq will Continue Gas Imports from Iran Regardless of US Sanctions
Iran’s current supplies of gas to Iraq are enough to generate around 22 terawatt hours (TWh) of electricity.
Read More »US Not Ruling Out Sanctions on Russia`s Rosneft over Venezuelan Oil Trade
Rosneft has responded to the US statement about possible sanctions due to oil purchases from Venezuela.
Read More »Iraq. Afghanistan Priorities for Taking Trade Policies
Iraq and Afghanistan are among the most important trade partners of Iran and targeting their markets stands among the priorities of Iran in making its trade decisions. Chairman of Iran Export Confederation Mohammad Lahouti said.
Read More »