Iran can play a role in LNG market
SHANA – The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role…
Economy
With few buyers, Iranian oil armada heads to China ahead of U.S. sanctions
Reuters – An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast Dalian port this month and in…
Iran plans to boost oil output in Persian Gulf
SHANA – The Iranian Offshore Oil Company (IOOC) signed a contract with PetroIran Company for maintaining and enhancing oil production capacity of…
Licensing rounds for two Iran oilfields under way
SHANA – Head of the contracts affairs at the Iranian Offshore Oil Company (IOOC) said proposals for bidding in projects aimed at…
Iran, Pakistan annual trade capacity at over $5bn
MNA – Balochistan governor Amanullah Khan Yasinzai put the capacity of annual trade volume between Iran and Pakistan at more than $5…
Turkey’s Tupras in talks with U.S. for Iran sanctions waiver: sources
Reuters – Turkey’s top refiner, Tupras, is in talks with U.S. officials to obtain a waiver allowing it to keep buying Iranian…
South Korean firms to stay in Iran despite US sanctions: Envoy
Press TV – South Korean Ambassador to Tehran Ryu Jeong-hyun says companies in his country understand the significance of the Iranian market…
New sanctions on Iran’s Parsian Bank threaten humanitarian trade
Bourse and Bazaar | Esfandyar Batmanghelidj: On Tuesday, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) applied new sanctions on…
Iran nuclear deal breakdown: What does it mean for European business?
Geopolitical Monitor | Ben H. Quandt: The Joint Comprehensive Plan of Action (“JCPOA”), as it is formally known, is the culmination of…
Rouhani touts meeting with top economists on containing crisis
Al-Monitor – In a closed three-hour meeting with 40 Iranian economists on Oct. 15, President Hassan Rouhani insisted that the country’s economy…
Iran’s five-month steel production hikes by 11%
MNA – Iranian steel mills produced a total of 9.328 million tons of crude steel during the first five months of the…
Iraq soon to replace China as Iran’s first export market
MNA – According to head of Iran-Iraq joint chamber of commerce, Iran’s exports to Iraq had a 45% increase in a six-month…
CBI attempts to quit SWIFT before Nov. 4
MNA – An informed source in the Central Bank of Iran (CBI) revealed the efforts are taken by the Central Bank of…
US sanctions on Iran show “spitefulness” toward Iranian people – foreign ministry
Channel NewsAsia – New U.S. sanctions against Iran are part of a psychological war, foreign ministry spokesman Bahram Qassemi said on Wednesday,…
Russia denounces new US sanctions on Iran businesses
Press TV – Russian Deputy Foreign Minister Sergei Ryabkov has repudiated new US sanctions on Iran’s businesses, saying Washington appears to be taking…
Iran hedges bets on EU, China with focus on trade with neighbors
Al-Monitor | Mohsen Shariatinia: At an initial glance, one might assume that Tehran’s paths for dealing with Washington’s reimposed sanctions all end…
Washington may impose sanctions on Russian, Iranian firms rebuilding Syria — TV
TASS – The administration of US President Donald Trump is now drafting a strategy allowing to impose sanctions against Russian and Iranian…
Italy eyes boosting economic coop. with Iran
MNA – Italian trade commissioner in Iran said Wed. Italy remains Iran’s friend in hard times, calling for provision of necessary grounds…
Iran oil outlook ‘very solid’ despite US sanctions
Press TV – Iran’s senior officials remain generally upbeat about the country’s oil production outlook despite looming US sanctions which seek to…
Reducing Iran’s oil exports to zero is a ‘political bluff’ by U.S.: official
Reuters – A claim by the United States to reduce Iran’s oil exports to zero is a “political bluff” the head of…
Iran, Russia to promote economic coop. via adapting standards
MNA – Head of the Iranian National Standards Organization (INSO) said Wed. that Iran and Russia are making every effort to achieve…
Gas will provide strategic power to Iran: Ex-GECF Sec. Gen.
SHANA – The former Secretary General of the Gas Exporting Countries Forum (GECF) said, “In the future gas will become a great…
MRPL expects India to get waiver from U.S. sanctions on Iran this month: official
Reuters – India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports…
NIOC releases details of selling oil in stock market
SHANA – The National Iranian Oil Company (NIOC) released details of selling crude oil on the domestic stock market. The company is…
SMEs account for 10% of Iran’s exports
Financial Tribune – Small- and medium-sized enterprises account for just over 10% of Iran’s total exports, according to Managing Director of small…
US isolation unprecedented in history of int’l relations: Expert
Iranian Diplomacy – There has never been a US administration more isolated internationally than the current government under Donald Trump, says an…
Cars to cost more in Iran
Financial Tribune – Automakers will soon receive the okay from relevant authorities to increase prices once again, a deputy minister of industries…
Iranian papers ask US outlets to condemn sanctions
Al-Monitor – In a joint editorial, four of Tehran’s top newspapers decried the US exit from the nuclear deal and asked American…
US imposes new sanctions targeting Iran banks, companies
Press TV – The United States has imposed fresh sanctions on a number of Iranian banks and financial institutions as well as…
Car imports at over 13,000 in H1
MNA – Statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that more than 13,000 cars were imported into the…
President Rouhani: Private sector should lead economic ties with other states
IRNA – Iranian President Hassan Rouhani urged ambassadors of other countries, as representatives of Iran’s nation, history and culture to develop political,…
Rise in Iran gasoline production foils US’ sanctions
IRNA – The 38m liter increase in Iran’s gasoline production made the US not able to talk about sanctions, Iranian Petroleum Minister…
Iran’s vision for Iraqi market on track despite US sanctions
Press TV – Iran is pushing forth with a 2025 vision plan to raise its exports to Iraq to $20 billion a…
The look on Trump’s face will be priceless on Nov. 4: Amir-Abdollahian
MNA – Iranian Parliament Speaker’s Special Aide Hossein Amir-Abdollahian said that the look on President Trump’s face will be priceless on November…
Avoid sanctions to balance oil market: Iran to Trump
SHANA — Iranian Minister of Petroleum Bijan Zangeneh advised US President Donald Trump to stop imposing sanctions on producing countries in order…
Oil contract with Pergas finalized, says NIOC head
MNA – CEO of National Iranian Oil Company (NIOC) said Tue. that the oil contract with London-based Pergas to develop Karanj field…
5,223MW thermal power to join Iran’s grid by next summer
MNA – Ministry of Energy is planning to increase the country’s thermal power capacity up to 5,223MW by summer 2019 to make…
U.S. cannot do much more against Iran oil sales, says Iranian minister
Reuters – The United States cannot do much more to target Iranian oil exports, Iran’s oil minister said on Tuesday, speaking before…
Moscow after maintaining stability in oil market: Russian minister
IRNA – Moscow hopes for stabilizing oil market and introducing producers as responsible players that pay attention to sustainable and predictable regulations…
Oil prices rise on signs Iranian oil exports are falling further in October
Reuters – Oil prices rose on Tuesday on signs Iranian oil exports this month have fallen from September ahead of U.S. sanctions…