Iran finding new oil customers: First vice president
IRNA – Iran has found new customers for its oil and is holding talks with the traditional buyers to find new ways…
Economy
FATF week begins with Iran on agenda
Financial Tribune – The Financial Action Task Force, the global anti-money laundering body, convenes on Sunday with a to-do-list which includes evaluating…
EU’s Iran package to be announced before Nov. 4
Tasnim – An Iranian lawmaker said the European package of measures to secure Iran’s benefits from the 2015 nuclear deal would be…
Saudi Arabia cannot replace lost Iranian oil: VP
Tasnim – Iranian First Vice-President Es’haq Jahangiri highlighted the reasons behind the recent surge in oil prices and said US President Donald…
Saudi Arabia and extra oil output; challenges & restrictions
SHANA – The US withdrawal from Iran’s 2015 nuclear deal with six world powers and Washington’s attempts to cut Iran’s oil exports…
Iran, Montenegro to set up joint investment fund
MNA – Head of Securities and Exchange Organization (SEO) Shapour Mohammadi announced Sat. that Iran and Montenegro will set up a joint…
Iran to reform banking system, gives Central Bank necessary permits
MNA – The Supreme Council of Economic Coordination convened on Sat. in a session chaired by President Rouhani where members discussed and…
Iran maneuvers to win back public trust in the rial
Al-Monitor | Maziar Motamedi : After months of a drastic and ongoing depreciation, the Iranian rial started recouping losses last week, mostly…
The U.S. can’t challenge Iran without allies
Bloomberg | Editorial Board: The Trump administration should avoid escalating its quarrel with Europe over sanctions. The Trump administration seems determined to…
CBI reports 28% rise in foreign assets
Financial Tribune – Data released by the Central Bank of Iran Thursday show that the regulator increased its foreign assets by 28%…
Iran oil exports on the rise
MNA – Recent data released by TankerTrakers.com indicates that Iran’s oil exports are much higher than what has been announced by some…
Trump’s new Iran sanctions may hit snag with global financial service
The New York Times| Peter Eavis: President Trump’s “America First” foreign policy has run into an obscure obstacle at the heart of…
World’s top traders divided on oil outlook as Iran sanctions loom
Reuters | Julia Payne, Dmitry Zhdannikov: The world’s biggest trading houses said on Wednesday they saw oil prices not falling below $65 per…
NAM representative: Imposing sanctions needs tenable legal grounds
MNA – Representative of Non-Aligned Movement, Ali Nasimfar, said at a UNGA session Fri. that objectives of sanctions are not to punish…
Iranian VP: US can’t suddenly abandon Treaty of Amity
Tasnim – Iran’s vice president for legal affairs denounced the US announcement of its withdrawal from the Treaty of Amity, Economic Relations…
Indian PM discusses Iran oil imports with his ministers
IRNA – Indian Prime Minister Narendra Modi reviewed ways of continuing oil imports with Minister of Finance Aron Jaitly and Minister of…
Iranian representatives attend IMF-World Bank meeting
MNA – Acting Minister of Economic Affairs and Finance Seyyed Rahmatollah Akrami attended the annual meeting of International Monetary Fund and World…
Iran’s exports to Europe up by 26% in H1
MNA – The average exports of Iranian nonoil products to European countries in the first half of the current Iranian calendar year…
How the Tehran Stock Exchange rally could benefit the Iranian economy
Al-Monitor | Navid Kalhor: The Tehran Stock Exchange (TSE) has hit astonishingly new highs in past months, netting a return of above…
Iran heavy crude nears 81 dpb
IRNA – Iranian heavy crude’s price rises by 2.09 dollars in the week ending on October 5 to approach 81 dollars per…
Iran, Pakistan to broaden trade-economic coop.
MNA – In a meeting held between Consulate General of the Islamic Republic of Iran in Peshawar with ruler of Pakistan’s Khyber…
Europe’s Iran sanctions vow takes a hit as ministers desert Bali
Bloomberg | Alessandro Speciale, Birgit Jennen, and William Horobin: The European Union’s determination to uphold the Iran nuclear agreement and circumvent U.S. sanctions took another…
South Pars phase 13, 22-24 refinery operational
SHANA — The onshore refining facility of South Pars Phases 13 and 22-24 is ready to process natural gas. The director general…
US exports to Iran quadruple after sanctions re-imposed
Tasnim – The total value of US exports to Iran during August, when Washington re-imposed anti-Tehran sanctions, increased four times compared to…
Iran official calls for ‘lobbying anti-Trump movements’
AFP – One of Iran’s top foreign policy officials has called for negotiations with “anti-Trump movements” in the US to dampen the…
EU financial chiefs discuss doing business with Iran
IRNA- Some senior financial executives from Europe have reportedly met in on the sidelines of the annual meeting of the International Monetary…
Iran eyeing to boost health, medical exports
MNA – Deputy Minister of Health and Director General of Medical Equipment Office the Ministry of Health and Medical Education Reza Masa’eli…
Analysis: China LPG importers hit as US and Iran supplies squeezed
S&P Global Platts | Eric Yep, Cindy Liang: Chinese importers of LPG have been hit with higher prices and narrower margins as…
Russia to export electricity to Iran as of 2019
IRNA — The first trial electricity supplies from Russia to Iran via the Russia-Azerbaijan-Iran energy corridor may start as early as 2019,…
Japan asks US to ensure sanctions don’t hurt Iran trade
Press TV – Japan’s Finance Minister Taro Aso has pressed his US counterpart Steven Mnuchin to ensure Japanese firms are not hurt by…
ICJ last session on Iran complaint against US wraps up
IRNA – The Hague-based International Court of Justice (ICJ) on Friday ended hearing the US lawyers’ defense against the lawsuit filed against…
Iran’s oil exports to South Korea not to be cut to zero: Official
Tasnim – A member of Iran and South Korea Chamber of Commerce described the East Asian country as one the biggest importers…
Iran min.: Economic cooperation guarantees regional peace
IRNA – Iran’s minister of communications and information technology said on Thursday that economic cooperation among regional countries mainly in communication and…
India’s oil imports from Iran edged up in September due to loading delays
Reuters – India’s oil imports from Iran edged up in September from the previous month as refiners pushed back loading of some…
FATF adoption can help boost trade, national security
Financial Tribune – Implementing standards set by the Financial Action Task Force will not only help facilitate Iran’s trade with other countries,…
Why declining outbound tourism can be a good thing for Iran
Financial Tribune – As currency fluctuations continue to batter Iran’s economy and increase travel costs, the number of Iranians visiting other countries…
CFT approval, another step to bypass US sanctions
Iranian Diplomacy – Following many ups and downs and flip-flops the Iranian Parliament eventually passed a bill on Sunday on combating the…
Iran’s raw silk imports hit 3.44 mln USD in 5 months
Xinhua — Iran imported more than 83 tons of raw silk worth about 3.44 million U.S. dollars during the first five months…
Pakistan opposes US sanctions on Iran
IRNA – Pakistan on Thursday opposed unilateral sanctions imposed by the US on Iran saying that it would continue to trade with…
Bankless Task: Can Europe stay connected to Iran?
Bourse and Bazaar | Ellie Geranmayeh and Esfandyar Batmanghelidj: As part of the effort to salvage the Iran nuclear deal, European governments…