Tag Archives: Trade

The trade and tariff overhang is inescapable for oil markets.

China last year and this year imposed tariffs on imports of the super-chilled fuel from the United States.

Middle Eastern crude oil lifting fell sharply in July. with overall volumes down by more than 800.000 bpd.

According to the data released by IRICA. the value of trade between Iran and Oman has increased to $870 million during the first seven months of this year from $557 million in the same period of time in the past year.

Iran’s Ambassador to Russia and chief of the EEC. in a meeting in Moscow. exchanged documents to finalize an agreement between Tehran and the EAEU to form a free trade zone and offer preferential tariffs since October 27.

Iranian Ambassador to Yerevan Kazem Sajjadi and Armenia’s Minister of Territorial Administration and Infrastructure Suren Papikyan exchanged views on ways to bolster energy cooperation between the two neighboring countries.

Turkmenistan is the top trade partner of Iran’s Northeastern province of Khorasan Razavi. and the country is working on establishing a new border crossing for increasing the volume of trade with Iran. a local official said.

Iranian Communication and IT Minister said that the government has been seriously working on linking rural areas to mobile networks. adding that currently more than 86 percent of villages across Iran are enjoying connection.

Iranian and Armenian officials met in Yerevan to explore the ways to boost bilateral economic ties. including the banking transactions.

Australia’s last project of the first wave of LNG capacity construction. Shell’s Prelude. started shipping gas in June this year.