Tag Archives: Trade

Baghdad is resolute to preserve its trade and energy ties with Tehran with a plan to deposit several billions of US dollars in an account in an Iraqi bank to pay for imports of energy from Iran.

Turkmenistan’s Ambassador to Tehran Ahmed Gurbanov voiced his country’s dissatisfaction with curbs in commercial ties with Iran. and said Ashgabat is determined to restore strength to its economic ties with the Islamic Republic.

The Iranian Ministry of Industry. Mine and Trade said that the country has produced some 7.2 million tons of steel products in the first 4 months of the current local calendar year.

Oil prices have fallen around 20% from a 2019 high reached in April.

Russian Ambassador to Tehran Levan Dzhagaryan said on Sunday that his country and Iran will link their domestic banking networks in the near future.

China had seen a rapid pace of growth in imports of US crude.

The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.

Raw steel production in Iran in the first three months of the current Iranian calendar year. which began in March. rose five percent to reach 6.638.000 tons.

Indonesia was main supplier for India for thermal coal while Australian exports were going to China. Japan and South Korea.

Iran is still the number one supplier of natural gas and electricity to Iraq.