US refusal to extend waivers to sanctions on nuclear ties violation of UNSCR 2231, UN Charter: Iran
IRNA – Iranian Foreign Ministry spokesman Abbas Mousavi on Saturday termed US refusal to extend waivers to the sanctions on Iran’s nuclear…
Economy
US warns governments, firms against aiding Iran fuel shipments to Venezuela – envoy
Reuters – Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping…
IRGC Aerospace Force ready to help Iranian carmakers: Commander
Tasnim – Commander of the Islamic Revolution Guards Corps Aerospace Force said his forces can offer advanced technologies to the Iranian automakers…
Iran’s Faxon tanker berths at Venezuela’s port
IRNA – Iranian tanker Faxon carrying fuels berthed at Venezuela’s port on Friday morning. This is the fourth Iranian oil tanker that…
Shamkhani lauds crew of Iran’s oil tankers for humiliating US sanctions
Tasnim – Secretary of Iran’s Supreme National Security Council Ali Shamkhani paid tribute to the crew of the oil tankers that have…
Growth in exports via border crossing with Iraqi Kurdistan
Financial Tribune – Some 228,000 tons of commodities worth $271 million were exported via Tamarchin border crossing, located in Piranshahr County in…
Intel: Trump administration defended Iran nuclear waivers as ‘restrictions,’ then ended them
Al-Monitor | Bryant Harris: The Donald Trump administration today ended sanctions waivers that allowed foreign companies to do work at certain Iranian…
Tobacco inflation at 18.7%
Financial Tribune – The average Consumer Price Index of tobacco in the 12-month period ending May 20, which marks the end of…
Tehran housing market emerges from holiday stagnation
Financial Tribune – A total of 11,569 homes were sold in Tehran from April 20 to May 20, the second month of…
Iran trade relations with Oman flourishing against all odds
Financial Tribune – Almost all countries closed their borders with Iran following the spread of the new coronavirus. However, Oman increased its…
Currency and gold weaken in Tehran market
Financial Tribune – The currency market experienced a significant downturn on Wednesday after more than two weeks of bull market amid a…
Tehran stocks pare losses
Financial Tribune – Tehran stocks ended trading week on Wednesday in positive territory to buck a bearish trend that dominated the market…
Iran’s traditional economy transitioning to digital economy: Rouhani
MNA – President Hassan Rouhani hailed the considerable progress in the country’s scientific fields, saying along with the world, the Islamic Republic’s…
Russian senator criticises US for ending sanctions waivers on Iran nuclear sites
Reuters – The United States’ decision to end sanctions waivers that had allowed some work to proceed at Iranian nuclear sites will…
US to end sanctions waivers allowing some work at Iran nuclear sites
Reuters – The United States said on Wednesday it will terminate sanctions waivers that had allowed Russian, Chinese and European companies to…
Banned together: Iranian ships in Venezuela defy US blockade
Sputnik – The arrival of the Iranian fuel vessels on the Venezuelan coast shows that there is an alternative to the US-imposed…
Food & beverage inflation at 31.6%
Financial Tribune – The Consumer Price Index of “food and beverage” group in the 12-month period ending May 20, which marks the…
Take that, Trump! Venezuela’s oil shipments from Iran show how alliances can help defy US sanctions
RT | Pablo Vivanco: Joint endeavor by two countries vilified by the US illustrates how its claims of dominance can be challenged.…
Iran’s steel output tops 8.4m tons
Financial Tribune – Iranian steel mills produced a total of 8.49 million tons of crude steel during January-April 2020, which indicates a…
Central Bank of Iran sets 22% inflation target
Financial Tribune – The Central Bank of Iran says based on “realistic assumptions and scenarios” it will set the inflation target at…
Iran claims it circumvents US sanctions with shipments to Venezuela
Al-Monitor – Venezuelan officials welcome the second Iranian tanker carrying gasoline to the Latin American nation; three more vessels are on their…
Tehran stocks sheds more than 33,000 points
Financial Tribune – Tehran Stocks opened in negative territory after a two-day Eid holiday, marking the end of the holy month of…
Iran eyes 100 mt petchem output in 1399
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity was planned to cross 10 million tons per…
SCI surveys latest consumer price changes in provinces
Financial Tribune – The average goods and services CPI in Iran for the 12-month period ending May 20 increased by 29.8% compared…
Merger of 2 military banks finalized
Financial Tribune – The process of merging two of five military banks and credit institutions with the state-owned Bank Sepah will be…
ETF rakes in $345m
Financial Tribune – With the subscription deadline set by the government’s bank-based exchange-traded fund ending on May 21, the Ministry of Economy…
Tehran real-estate survey
Financial Tribune – Lands, home and rent prices rose by 43.1%, 43.7% and 47.9% on a year-on-year basis, as the number of…
Oil-starved Venezuela celebrates arrival of tankers from Iran
The New York Times | Julie Turkewitz: The shipment represents a deepening of ties between two pariah states that are both under…
Zanganeh criticizes Turkey’s lack of coop. on repairing joint gas pipeline
MNA – Iran’s oil minister on Monday criticized Turkey’s lack of cooperation with Iran on having the blasted Iran-Turkey natural gas pipeline…
Rouhani urges Switzerland to play more constructive role against US illegal actions
MNA – In a telephone conversation with Swiss President Simonetta Sommaruga, Iranian President Hassan Rouhani called on the European country to perform…
Iran hopes for closer trade ties with Georgia
Tasnim – In a congratulatory message to Georgia on its national day, Iran’s First Vice President Eshaq Jahangiri hoped for the development…
Iran’s Zanganeh says hard to predict oil prices as demand unclear – radio
Reuters – Iran’s oil minister said on Monday it was difficult to forecast crude prices amid uncertainties over prospects for demand, Iranian…
Iran will not need oil income in 5-10 years: Acting OPEC governor
Press TV – Iranian caretaker OPEC governor Amir Hossein Zamaninia says US sanctions on Iran’s oil industry have created an opportunity for…
Rouhani stresses efforts to curb inflation, coronavirus
IRNA – Iranian President Hassan Rouhani stressed the relevant organizations’ efforts to control coronavirus and inflation on separate phone calls with the…
Iran fuel shipment nears Venezuelan shores, Maduro thanks Tehran
Reuters – The lead vessel of a five-tanker flotilla carrying fuel supplied by Iran to gasoline-thirsty Venezuela neared one of state-run PDVSA’s…
No subsidy for rice import
Financial Tribune – The government will no longer allocate subsidized foreign currency at the rate of 42,000 rials per US dollar for…
Iran starts installation of phase 11 jacket
SHANA – Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian…
Iran’s steel production declines 2.2% to reach 3.8m tons
Financial Tribune – Iranian steelmakers produced 3.85 million tons of semi-finished and finished steel products in the first month of the current…
Offshore section of South Pars development complete by 2021
SHANA – Iranian Minister of Petroleum Bijan Zangeneh announced completion of the South Pars Offshore Section as well as 17 phases of…
Consumer price inflation reaches 29.8 percent in Iran
Financial Tribune – The Statistical Center of Iran has put urban and rural average annual inflation rates for the month ending May…