Iran is now self-sufficient in supplying Euro-5 petrol.
Read More »FDI in Iran’s Northeastern Province Rising
Foreign Direct Investment in the Northeastern Iranian province of Khorassan Razavi has surpassed the planned level. a local official announced.
Read More »Iran to Cut off Budget Dependence on Oil Incomes
Iran is determined to draft its new budget bill with zero-dependence on oil revenues.
Read More »US Worried to Lose to Iran’s Diplomacy
American pressure on Iran is due to Iran’s power and might and not weakness.
Read More »Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
OPEC can no longer ignore Russia because of its importance as an oil exporter and its economy.
Read More »Iran Boasts Better Importing Mechanism
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati lauded the new coordinating structures harmonizing interactions between CBI and relevant ministries of the country as the ground for 69% increase in imports of basic goods in the past 5 months
Read More »Armenia Invites Iran to Join EAEU Meeting in Yerevan
Armenian Prime Minister Nikol Pashinyan said that he has been tasked by the leaders of the countries of the Eurasian Economic Council to invite Iranian President Hassan Rouhani to the supreme meeting of the body slated to be held in Yerevan in October.
Read More »China’s Imports of Iranian Crude Continue Despite US Sanctions
China continued imports of Iranian crude oil in July. two months after the expiry of US sanctions waivers. research from three firms tracking tanker movement showed. according to Reuters.
Read More »China Rescues Venezuela’s Run-Down Oil Refineries
China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.
Read More »Iran’s Exports Outshine Imports in Q2 2019 with $1.5 Billion Surplus
Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.
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