US keeps eye on Iran oil buyers as sanctions squeeze flows
Bloomberg | Sharon Cho and Saket Sundria: The U.S. has a message for buyers of sanctioned Iranian crude: we’re watching you. The…
Economy
Tehran home sales pick up after months of decline
Financial Tribune – A total of 3,401 homes were sold in the capital during the seventh month of the current fiscal year,…
The key to Iran’s success in the face of sanctions
Oilprice | Simon Watkins: One of the most humiliating aspects for Iran of the last sanctions era was that it was dependent…
Malaysia ‘bullied’ into closing bank accounts of Iranians, PM says
Reuters – Malaysia’s prime minister told reporters the country was being forced to “make it difficult” for Iranians to live normal lives…
CBI chief highlights Iranian rial’s rise against US dollar
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati highlighted the stability in the country’s foreign exchange market and…
US sanctions on Iran threaten access to certain medicines: report
Reuters | Timothy Gardner: U.S. sanctions on Iran threaten access by some Iranians to medicines that treat diseases such as cancer and…
HRW: US sanctions pose serious threat to Iranians’ right to health
Press TV – Human Rights Watch (HRW) warns that the US’s harsh sanctions against Iran pose a serious threat to the Iranian…
IKCO releases two-month sale report
Financial Tribune – Iran Khodro Company (IKCO), the country’s biggest car manufacturer, has announced that in the past two months, it has…
SCI reviews provincial consumer inflation rates
Financial Tribune – The growth in overall Consumer Price Index was the highest (3.4%) for Kerman Province in the seventh month of…
Tea harvest season ends, Gov’t processed output rises 11%
Financial Tribune – This year’s tea harvest season has come to an end and the government purchased a total of 126,753 tons…
Tehran stock exchange deals hit $18b in 7 months
Financial Tribune – More than 599.9 billion shares worth 2,027 trillion rials ($18.1 billion) were traded in 51.42 million deals in the…
Smoke-free system for Ahwaz operating unit launched
SHANA – A smoke-free flare system for Ahwaz Operating Unit No. 2 was launched in order to reduce environmental pollutants. According to…
Iran’s economic resiliency makes talks more likely
Bloomberg | Esfandyar Batmanghelidj: The International Monetary Fund has revised downward its projections for Iran’s economy this year, predicting a 9.5% contraction,…
Int’l corridor passing Iran to become shorter by new railroad project: Minister
Tasnim – Iranian Minister of Roads and Urban Development Mohammad Eslami said with the inauguration of a new railroad connecting the northwestern…
Confidence-building for presence of Afghan private sector in Chabahar, a top priority: official
MNA – The Director General of Sistan and Baluchestan Ports and Maritime Department General Behrouz Aghaei said that building confidence for active…
Currency, gold coin prices drop in Tehran
Financial Tribune – Currency rates and gold coin prices dropped in Tehran’s market last week. Tehran Gold and Jewelry Union data show…
US Treasury’s Mnuchin says US will ramp up pressure on Iran
Reuters – Treasury Secretary Steven Mnuchin said on Monday the United States would increase economic pressure on Iran over its nuclear program,…
Egg exports to Afghanistan resume
Financial Tribune – Iran has resumed egg exports to Afghanistan after a hiatus, says President of Tehran’s Egg-Laying Chicken Producers Union Nasser…
US making humanitarian trade with Iran even worse: Experts
Press TV – Experts believe new American financial instructions on how to process humanitarian aid for Iran would lead to more people…
Iran would need oil at $195 a barrel next year to balance budget: IMF
Reuters – Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund (IMF)…
Unrest in Iraq not to affect trade ties with Iran: Official
Tasnim – The secretary-general of the Iran-Iraq Joint Chamber of Commerce expressed confidence that recent unrest in the Arab country would not…
FM Zarif says US regulations aggravate economic terrorism on Iranians
IRNA – Iranian Foreign Minister Mohammad Javad Zarif blasted the new US anti-Iran regulations, saying that they aggravate economic terrorism against ordinary…
Iran’s economy stable a year after re-imposition of sanctions: Minister
MNA – Iran’s Finance and Economic Affairs Minister Farhad Dejpasand has said that the country’s economic indicators show that economic conditions have…
Iran-EAEU PTA comes into effect Sunday
MNA – The Preferential Trade Agreement (PTA) between Islamic Republic of Iran and Eurasian Economic Union (EAEU) came into effect today on…
US moves to further isolate Iran from global financial system
The Wall Street Journal | Ian Talley: The Trump administration moved on Friday to further isolate Iran from the global financial system…
Tehran Stock Exchange joins FEAS executive board, IFB stays on
Financial Tribune – Tehran Stock Exchange was elected board member of the Federation of Euro-Asian Stock Exchanges for a two-year period at…
Key senators circulate legislation banning Iran nuclear waivers
Bloomberg – Two of the U.S. Senate’s staunchest opponents of the Iran nuclear deal drafted legislation that would bar President Donald Trump…
Iran’s consumer inflation at 42%
Financial Tribune – The average goods and services Consumer Price Index in Iran for the 12-month period ending Oct. 22 increased by…
For Iranians, light at the end of a Sri Lankan tunnel
Bourse and Bazaar | Esfandyar Batmanghelidj: An Iranian contractor has completed a water supply tunnel in Bandarawela, Sri Lanka, earning the praise…
Iran’s H1 copper exports at 56K tons
Financial Tribune – Iran exported a total of 56,000 tons of copper during the first six months of the current Iranian year…
New Trump Admin channel for Iran humanitarian trade comes with a killer catch
Bourse and Bazaar | Esfandyar Batmanghelidj: The Treasury Department has announced that it will operationalize a financial channel to ease humanitarian trade…
Iran eyes revenue generation by developing LNG projects
SHANA – Iran is considering liquefied natural gas (LNG) projects in order to generate more revenues from its abundant natural gas reserves.…
Iranians doubtful as US says to facilitate food sales
Press TV – The United States claims it has decided to facilitate sales of food and medicine to Iran which is struggling…
US eases regulations blocking food, medicine sales to Iran
AP — The U.S. is taking steps to ease sales of food and medicine to Iran amid stringent sanctions imposed on the…
Tankers sail after US allows sanctions-hit COSCO unit to wind down oil deals
Reuters – At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to…
US gives firms time to wind down deals with COSCO unit hit by Iran sanctions
Reuters – The U.S. Treasury Department on Thursday issued a nearly two-month waiver for companies to wind down transactions with a Chinese…
OIEC inks MoU with local firms for manufacturing petchem equipment
SHANA – The Oil Industries’ Engineering and Construction (OIEC) has signed a €60m memorandum of understanding (MoU) with local firms for local…
Euro-5 gasoil output of PGSR at 20ml/d
SHANA – The CEO of the Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery-PGSR) said the facility supplied…
PMI of all economic sectors to be published soon
Financial Tribune – The Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture is planning to…
China’s declared imports of Iranian oil hit a (Deceptive) new low
Bourse and Bazaar | Esfandyar Batmanghelidj: New data from China’s customs administration show a significant drop in purchases of Iranian oil. The…