Tag Archives: Sanctions

Iranian Communication and IT Minister said that the government has been seriously working on linking rural areas to mobile networks. adding that currently more than 86 percent of villages across Iran are enjoying connection.

Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan. efforts are made to define a special mechanism to facilitate financial transactions between the two sides.

The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.

Iran’s national currency of rial is regaining value against the US dollar as other economic indicators of the country are showing revival a year after US President Donald Trump imposed unilateral sanctions against Tehran.

The Saudis have vowed to keep production well below 10 million bpd.

Despite the US sanctions. many countries. including China. still continue oil imports from Iran.

Baghdad is resolute to preserve its trade and energy ties with Tehran with a plan to deposit several billions of US dollars in an account in an Iraqi bank to pay for imports of energy from Iran.

The Iranian Ministry of Industry. Mine and Trade said that the country has produced some 7.2 million tons of steel products in the first 4 months of the current local calendar year.

The National Iranian Oil Company Exploration Directorate (NIOCEXP) announced on Monday that the company has found a new oil reservoir in Dezful in the Southwestern province of Khuzestan.

China lifted 926.119 bpd of Iranian oil in July. up 4.7% month on month.