Tag Archives: Trade

Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.

The trade war has been hitting economic growth. which tends to reduce demand for commodities such as oil.

The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.

The Iranian government ratified a new set of regulations to allow cryptocurrency miners continue their business in Iran within a legalized framework which prevents unfair consumption of subsidized electricity.

Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

The expert expects the Persian Gulf tensions to persist within a year and a half.

Compilation of Syria’s new investment law is at the final stage.

That’s according to the new Environment Secretary. Theresa Villiers. who made her first official speech.

Iran is ready for increasing the volume of bilateral trade with Turkey.