Ambiguity in Trump sanctions could put humanitarian trade with Iran at risk
Bourse and Bazaar | Esfandyar Batmanghelidj: In the years prior to the nuclear deal, when Iran was under broad international sanctions, the…
Economy
Factbox: Corporate exposure, reactions to new Iran sanctions
Reuters – President Donald Trump on May 8 pulled the United States out of an international nuclear deal with Iran, sealed in…
US imposes sanctions against governor of Iran’s Central Bank
Press TV- The US has imposed sanctions against governor of Iran’s central bank Valiollah Seif and Iraq-based Al-Bilad Islamic Bank for transferring…
Europe faces limited options on US threat on Iran sanctions
Financial Times | Michael Peel and Sam Fleming: The EU faces a tough call on whether to hit back against a US squeeze on…
Oil hits new multi-year high on tight supply, planned Iran sanctions
Reuters– Oil prices hit a 3-1/2-year high on Tuesday, supported by tight supply and planned U.S. sanctions against Iran that are likely…
Trump orders ‘significant reduction’ in petroleum purchased from Iran
Sputnik – A high-profile Iranian official has pointed out that the potential US sanctions that US President Donald Trump touched upon last…
Iran takes steps to create bank for transactions with EU – Ambassador to Germany
Sputnik – Tehran has taken preliminary steps to establish a bank for transactions between Iran and the European Union in euros in…
Iran says oil exports undisrupted as sanctions loom
Press TV – A top Iranian oil official says all of the country’s oil cargoes have designated customers worldwide, stressing that the…
Iran suffering from runaway energy consumption
Press TV – Iran says the value of energy consumed nationally stands at as high as $136 billion per year, adding that…
Siemens CEO: We can’t do new deals with Iran
CNN Money – One of Europe’s top chief executives has underscored just how tough it will be for the region’s political leaders…
Iran sanctions, trade are tests of European sovereignty: Macron’s office
Reuters – The threat of U.S. sanctions on European companies trading with Iran and tariffs on aluminum and steel exports are a…
U.S. sanctions on Iran set to return: A simple explainer
Bourse and Bazaar | Dr. Julia Pfeil: This client note was prepared by the German trade compliance team at Dentons Europe. It…
Iran’s Central Bank to supply tour firms with foreign exchange
Financial Tribune- Following complaints about the exclusion of travel services from the list of priorities for foreign exchange allocation, the Central Bank…
Washington’s strict new policy on Iran could test ties with allies
The Wall Street Journal | Ian Talley: The Trump administration’s decision last week to pull out of the nuclear deal with Iran…
Airbus will suffer from president Trump’s Iran deal exit
The Montly Fool | Adam Levine-Weinberg: It didn’t come as much of a shock last week when President Donald Trump pulled the…
Russian MP blasts US sanction threats against EU firms over Iran ties as blackmail
TASS– Threats by US administration representatives to impose sanctions against European companies for cooperation with Iran are nothing more than flagrant and…
OPEC says oil glut almost gone, makes supply pledge amid Iran worries
Reuters– A global oil glut has been virtually eliminated, according to OPEC figures, thanks in part to an OPEC-led supply cut deal…
Opposition criticizes gov’t for failing to protect German firms in Iran
Xinhua — The Free Democratic Party (FDP) criticized the German federal government on Monday for failing to shield German companies operating in…
UK Foreign Sec.: London tries to protect businesses in Iran from US sanctions
Sputnik– UK Foreign Secretary Boris Johnson vowed Monday that the UK will consider how to help European firms have confidence they can…
Iran’s Veep: Measures taken to tackle currency crisis prove to be effective
MNA– Iran’s First Vice President Es’hagh Jahangiri said on Sunday that the new measures taken by the government to control currency market…
Oil falls away from multi-year highs on surge in U.S. drilling, Iran sanctions opposition
Reuters – Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed…
Germany sees difficulties in shielding firms after U.S. exits Iran deal
Reuters – Germany acknowledged it could be hard to protect companies doing business with Iran as a senior U.S. official renewed a…
France’s TOTAL not yet announced possible exit from South Pars Gas Field
MNA – Iranian Oil Minister Bijan Namdar Zanganeh said that France’s oil major ‘Total’ has not yet announced to leave development of…
Bolton says ‘it’s possible’ US will sanction European companies working with Iran
CNN – White House national security adviser John Bolton said Sunday that “it’s possible” there will be secondary sanctions imposed on European…
How new airplanes impact Iran’s commercial flights market
Financial Tribune | Sepehr Arefmanesh: Since the lifting of anti-Iran sanctions on January 2016, as part of the deal it signed with six…
Rosewater exported to 30 countries
Financial Tribune- Around 4,344 tons of rosewater worth 428.1 billion rials ($12.24 million) were exported to 30 countries from Iran during the…
China’s new train line to Iran sends message to Trump: We’ll keep trading anyway
The Washington Post | Rick Noack: New freight train connections usually have limited potential to make global headlines, but a new service launched from…
Iranian oil exports set to continue under US sanctions
Al-Monitor | David Ramin Jalilvand: Assessing the short- and long-term consequences of the US withdrawal from the Joint Comprehensive Plan of Action…
Tehran, Ashgabat to bolster ties
SHANA — Iranian Minister of Petroleum Bijan Zangeneh said the ties between Iran and Turkmenistan would bolster as stressed by the presidents…
Sukhoi to supply SuperJets to Iran despite sanctions
Press TV – Russia’s Sukhoi Civil Aircraft says its plans to sell planes to Iran will not change despite the US re-imposing…
Rouhani urges private sector to seize opportunity of stable currency market
MNA – During Saturday meeting of Economic Board of the Government, Iranian Pres. Rouhani urged the private sector to take advantage of…
Impact of JCPOA pullout on Iran’s housing sector uncertain
Financial Tribune- Iran’s housing sector has been showing signs of exiting a deep recession that had undermined the country’s overall growth for…
Iran’s CB: Forex allocation after rate unification at $6.6b
Financial Tribune- The Central l Bank of Iran has announced allocating $6.6 billion to fulfill the country’ foreign exchange needs between April…
Russian companies to benefit from US Iran withdrawal
Bourse and Bazaar | AFP- While Russia has condemned Washington for its withdrawal from the Iran nuclear deal, Moscow remains less exposed…
Iran nuclear deal: The EU’s billion-dollar deals at risk
BBC – The EU is scrambling to find ways to safeguard huge business deals with Iran, amid the threat of US penalties.…
Iran’s housing sector keeps building
Al-Monitor | Maziar Motamedi: In Iran, the housing sector — which accounts for a hefty 35% of all household expenses — has since 2011 been…
Indian oil minister says too early to predict sanctions impact on Iran imports
Reuters – Indian Oil Minister Dharmendra Pradhan said on Saturday it was too early to predict the impact of U.S. sanctions on…
Top container shipping lines reviewing Iran operations
Reuters– The world’s top two container shipping groups Maersk Line (MAERSKb.CO) and MSC are reviewing their Iran operations after the United States…
Iran eyes 1mbd gas condensate output by late 2019
SHANA – Iran’s production of gas condensate is planned to exceed a million barrels per day the second half of the next…
65% of refinery equipment locally manufactured: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh says Iranian manufacturers can supply up to 65 percent of the equipment used for…