Tag Archives: Sanctions

Iranian Foreign Minister Mohammad Javad Zarif says the country will go ahead with the third phase of scaling back its nuclear deal commitments under the current circumstances.

Iran has massive plans to use flared gas burnt or vented in oil and gas facilities across the country. says an energy ministry official.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

Among countries with higher output. Gulf producers Kuwait and the United Arab Emirates both raised supply while remaining below their OPEC targets.

The US recently announced its decision to extend the sanction waivers on nuclear projects under the JCPOA.

Iranian Oil Minister Bijan Namdar Zangeneh described the US decision to impose sanctions on Foreign Minister Mohammad Javad Zarif as childish behavior. and said that he is not worried if Washington adopted the same move against him.

China imported a record amount of crude from Saudi Arabia in June.

Iran is ready for increasing the volume of bilateral trade with Turkey.

Five waivers were still extended and are set to stay in place at least for another 90 days.

The United States has also sanctioned top Iranian officials.