Tag Archives: Sanctions

Iran has witnessed an increase by 19.130 tons in its exports from the Southwestern port city of Abadan in the last 3 months. which means a year-on-year growth by 107%.

Statistical figures show that. despite US economic pressures against Tehran. Iran'.s export from the rail port of Sarakhs. North-East of the country. to the Central Asia has doubled in the past three months.

Non-oil exports from the Northern Iranian province of Ardabil show a 30% year-on-year rise in the last three months. Director General of Road Maintenance and Transportation in Ardebil province Ali Rahmati declared.

Iran and Austria have witnessed one of the most active periods of bilateral economic relations after the landmark nuclear deal. officially known as the Joint Comprehensive Plan of Action (JCPOA). was signed on July 14. 2015.

OPEC nations are bearing the burden of the market-share loss unevenly.

LNG production from the project is slated to start around 2023 with an annual capacity of 19.8 million tons.

Iran is content with the current oil price but the country under US sanctions wants to boost oil exports.

China does not support US policy on eliminating Iran'.s oil exports. the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated.

Secretary General of the European External Action Service (EEAS) Helga Schmid announced that the EU-proposed Instrument in Support of Trade Exchanges (INSTEX) to trade with Iran has become operational.

The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.