Tag Archives: Sanctions

As the United States continues rallying the world to uphold brutal international sanctions against the Islamic Republic.

The US has turned from a major oil consumer into a major producer.

China is a signatory of the nuclear deal and has condemned Washington’s decision to exit the deal.

The oil market is caught in a bind and does not know which way to go or trend.

Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s Southeastern port city of Chabahar is of prime importance to New Delhi. adding that the two countries increase their trade in the last year by 30%.

Russia has budgeted much lower prices than the current ones for 2019.

Iraqi ambassador to Iran Sa’ad Jawad Qandil told a trade conference in Tehran that Baghdad is in dire need of economic and technical helps by the Islamic Republic.

Iran has exported $ 2.5 billion worth of goods to Iraq in the past 100 days which indicates a 20% spike compared with the corresponding period in the last year.

Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.

Tehran has summoned the UK'.s ambassador to Iran over the incident. calling the seizure a form of piracy.