Iran exports 3,000 tons of eggplants to Russia
IRNA – Head of Pishva Agricultural Jihad office says 3,000 tones of eggplant were exported to Russia. Speaking to the Islamic Republic…
Economy
Chinese Sinopec suspends oil import from US
IRNA – China’s major oil giant has paused importing oil from the US due to escalation of trade war between the two…
CBI’s new governor dismisses currency deputy
MNA – Ahmad Araghchi was dismissed on Sat. from his position as deputy head in charge of currency by the newly-appointed governor…
Veep Jahangiri: Iran to announce new mechanism to prevent further rial depreciation
MNA – The Iranian First Vice-President Es’hagh Jahangiri said Sat. that a new set of forex policies to bring the rial depreciation…
Petrol output of Persian Gulf Star Refinery hits 27.5ml/d
SHANA — The petrol output of Bandar Abbas Gas Condensate Refinery, also known as Persian Gulf Star Refinery, has reached 27.5 million…
What will change after US sanctions on Iran come into force?
Euronews | Alasdair Sandford & Euronews’ Persian service with Reuters: Iran’s economy and international business are bracing for a hit when American sanctions are re-imposed on…
I lived in an Iran under sanctions. Here’s what it’s like.
The Washington Post | Jason Rezaian: This weekend, new U.S. sanctions on Iran’s economy will go into effect. The Trump administration promises they…
More Azerbaijanis eager to visit Iran as Rial sags
MNA – As Azerbaijani national currency Manat gains strength against Iranian Rial, more people from the northern neighboring country are eager to…
Senior Iranian clerics ask Rouhani to fight corruption
Al-Monitor – As a third day of protests erupted across major Iranian cities over the country’s worsening economic situation, the clergy in…
Iran to add 100mcm/d to South Pars gas output by March 2019
SHANA — The CEO of Pars Oil and Gas Company (POGC) said Iran’s natural gas production from the supergiant South Pars Gas…
Belarusian Foreign Ministry denies oil barter deal with Iran
BelTA – Belarus interacts with Iran in a constructive manner in many areas but there is no oil barter project in the…
Scania says working to deliver spare parts to Iran after US sanctions
Tasnim – Scania’s entire sales into Iran could be lost if the United States reinstates sanctions against the country, the Swedish truckmaker’s…
Renewed US sanctions set to curb Iran steel, metals, minerals trade
S&P Global – Iran’s steel, metals and minerals trade with the rest of the world may be severely curtailed following the United…
Iran ups exports to Brazil by 25-folds
MNA – Iran’s export of products to Brazil in the first four months of the current Iranian calendar year (March 21-July 21)…
Iran eyes 107 ml/d petrol output by March 2018
SHANA – Iran is planning to launch the third and last phase of Persian Gulf Star Gas Condensate Refinery by the end…
No fuel shortages in Iran
SHANA – The National Iranian Oil Products Refining and Distribution Company (NIORDC) has announced there will be no fuel shortages in Iran…
After U.S. push, Berlin plans rules that could block Iran transaction
The Wall Street Journal – German authorities will introduce financial rules this month that could delay or even block an attempt by…
IranAir to receive 5 new ATR planes Sunday
MNA – Five new planes manufactured by Franco-Italian turboprop planemaker ATR will land at Tehran Mehrabad Airport on Sun. morning to join…
Wintershall says not to pursue further projects in Iran
Sputnik – Germany’s Wintershall energy company told Sputnik it would not pursue further projects in Iran after the memorandum of understanding, agreed…
Ambassador downplays efforts to stop Iran’s oil exports
IRNA – Iran’s ambassador in London Hamid Baeidinejad said on Thursday that US efforts through new round of economic sanctions to completely…
China rejects U.S. request to cut Iran oil imports
Bloomberg – The U.S. has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the…
Iran sanctions hopes fly on possible delivery of eight ATR aircraft
Bourse and Bazaar | Esfandyar Batmanghelidj: In a recent interview, French Economy Minister Bruno Le Maire expressed optimism for the delivery of eight…
TEDPIX ends trading week near 124,000
Financial Tribune – Tehran Stock Exchange’s main index gained 2,777.76 points or 2.29% on Wednesday to end trading at 123,951.3. About 2.13…
Upsurge in car prices batters Iran auto market hard
Financial Tribune – A new wave of higher car prices has arrived; pushing decent rides further out of average Iranians’ reach and…
Iranian artists show solidarity as nation grapples with economic woes
Al-Monitor – An acclaimed singer of traditional Persian music has offered to hold free, open-air street concerts to alleviate the everyday pains…
Increased petrol price, a baseless rumor: Official
SHANA — The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) denied rumors that the price of fuels, including gasoline,…
Leading Indian beauty brand to launch Iran offshoot
Press TV – India’s leading Emami beauty products manufacturer says it plans to launch an offshoot in Iran before the end of…
Austria’s OMV asks EU for help amid US sanctions pressure on Iran, Nord Stream 2
Sputnik – Washington has put the squeeze on Western European countries to cancel the Nord Stream 2 gas pipeline project with Gazprom…
Deutsche Bank bans cash delivery to Iran
MNA – Germany’s Deutsche Bank passed a new financial policy on Wednesday which will prevent any money transfer to Iran in cash.…
Oil falls for a third day, dented by rising tide of supply
Reuters – Oil prices fell for a third day on Thursday, following a surprise increase in U.S. crude inventories that added to…
Iran’s gold demand at four-year high days before sanctions
Bloomberg | Mohammed Sergie and Golnar Motevalli: Iran’s demand for gold bars and coins may remain strong for the rest of the year and even…
Iran to float pricing for Dollar after Rial’s drastic crash
Press TV – Iran is working on a plan to create a floating mechanism for pricing the US Dollar to help prevent…
Leader urges Rouhani to crack down on corruption
MNA – Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei called on President Rouhani to adopt more serious measures in fight against…
Why is Europe underplaying its hand on Iran?
Al-Monitor | Axel Hellman: Following President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA), the…
Iranian government earnings from cellphone imports jump by 194%
Financial Tribune – The implementation of the Mobile Phone Registry Scheme, in line with e-governance policies, as well as a means to…
Iran’s rial gains after Trump dials back escalated rhetoric
Bloomberg | Golnar Motevalli: Iran’s rial rebounded from a series of record lows on Tuesday, after President Donald Trump said he would…
Iran Prosecutor General alarms those behind price hikes
Tasnim – Prosecutor General of Iran Mohammad Jafar Montazeri gave a stern warning to the elements behind the recent fluctuation in currency…
Iran no longer vulnerable to US gasoline sanctions
Press TV – As the United States is preparing to re-impose a series of economic sanctions against Iran, signs show Washington will…
Larijani: New rules to curb economic disruption may be applied on Sat.
MNA – Parliament Speaker Ali Larijani said that new norms and criteria for fighting economic disruption may be announced and applied next…
Parl. to impeach labor minister
MNA – In its open session on Wednesday, a number of 40 members of the Parliament requested to impeach Minister of Labor,…