Tag Archives: Sanctions

Gulf states have a joint defense force under the Gulf Cooperation Council (GCC).

Certain countries may impose unilateral sanctions against certain places on the basis of their own considerations.

The demand for oil is much higher than its current level of production.

The tensions between Iran and the US are rooted in (the US) economic terrorism and sanctions.

It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.

Indian New govt plans to hold talks with Iran at the earliest to discuss ways to resume oil imports and is even looking to pay in Indian currency. ThePrint reported on Tuesday.

The president of Italian Parts Manufacturers’ Association and chairman of Autopromatec Exhibition have voiced readiness to enhance cooperation with Iranian automobile parts manufacturers.

Two giant Iranian aluminum companies have produced more than 20.000 tons of ingots in the first month of the current Iranian calendar year (March 21 – April 21).

The project is under construction in accordance with the approved schedule.

There is great anxiety in the market today mainly related to supply concerns.