German exports to Iran fell by nearly half in the first six months of 2019. data showed on Monday. suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington reimposed sanctions.
Read More »Iran Poised to Strengthen Trade. Production Exchanges with Caspian Sea Littoral States
Deputy Minister of Industry and Chief Executive of Industrial Development and Renovation Organization of Iran (IDRO)said that Islamic Republic of Iran is poised to strengthen exchanges with the Caspian Sea littoral states in various trade and production.
Read More »Global Stock Markets Rally as Trump Delays Key China Tariffs
Weakness in Asian stock markets had spilled first into Europe and from there into early US trading.
Read More »Oil Spikes after Easing U.S.-China Trade Tensions
The U.S.-China trade war has caused energy demand growth to take a big hit.
Read More »Economic Woes Hold Sway Over Geopolitics
While geopolitical tensions in the Middle East Gulf remain high. with US sanctions recently extended to more Iranian officials and a Chinese oil importer. as well as another tanker seizure.
Read More »FDI in Iran’s Northeastern Province Rising
Foreign Direct Investment in the Northeastern Iranian province of Khorassan Razavi has surpassed the planned level. a local official announced.
Read More »Iran to Take Part in 1st Caspian Economic Forum
The first Caspian Economic Forum will give an extra impetus to cooperation in spheres of trade. investment and tourism.
Read More »Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
OPEC can no longer ignore Russia because of its importance as an oil exporter and its economy.
Read More »Number of U.S. Active Drilling Rigs Continues to Fall This Week
The outlook for oil demand growth is ".fragile.". with a greater likelihood of a downward revision than an upward one.
Read More »Iran Boasts Better Importing Mechanism
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati lauded the new coordinating structures harmonizing interactions between CBI and relevant ministries of the country as the ground for 69% increase in imports of basic goods in the past 5 months
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