Completion of pipeline project ahead of schedule saves Iran Rls. 1,700
SHANA — The CEO of Gas Engineering and Development Company said completion of Sarbisheh-Nehbandan gas pipeline project ahead of schedule saved the…
Economy
Iran’s government, parliament to decide on FATF bills
IRNA – An expert on international affairs said that the Iranian government and parliament and the decision-making bodies of the country are…
The ICJ Ruling: An interim victory for Iran and the world
LobeLog | Kaveh L. Afrasiabi: On October 3, 2018, the International Court of Justice (ICJ) delivered a stinging setback to the Trump…
Consumer prices dropping in Iran as currency regains value
Al-Monitor – With Iran’s national currency getting back on its feet in a fast-track trend that started this week, consumer prices in…
India to keep buying Iranian oil despite U.S. sanctions: sources
Reuters | Nidhi Verma: India will buy 9 million barrels of Iranian oil in November, two industry sources said, indicating the world’s…
Switzerland would join new interbank payment system independent of US
RT – Bern will take part in any new payment system if it were created as an alternative to the Society for…
US sanctions on Iran can affect trade of humanitarian goods: Nephew
MNA – Richard Nephew, who served as the lead sanctions expert for the US team negotiating with Iran, is of the opinion…
Iran’s H1 imports from Russia double in value
Tasnim – A report on Iran’s imports in the first half of the current Iranian year shows the value of imports from…
Iran welcomes foreign investment in renewables
MNA – The head of the Renewable Energy and Energy Efficiency Organization of Iran – a state-owned entity also known as Satba…
Iran’s financial activities won’t be heavily affected by new US sanctions – CBI
Sputnik – The new US sanctions will not have a major effect on Iran’s financial and oil activity, Iranian Central Bank Governor…
JPMorgan to pay $5.26Mln to settle Cuba, Iran sanctions breach – US Treasury
Sputnik – JPMorgan Chase Bank has agreed to pay penalties of more than $5.26 million to settle over 87 violations of US…
Gas and de-dollarization: US sanctions drew Russia, Iran together – Official
Sputnik – The Trump administration’s sanctions policy has brought Russia and Iran closer together in the field of energy cooperation, Iranian Deputy…
India mulls ditching dollar in oil trade with Russia, Iran, Venezuela – Reports
Sputnik – This week, Russian President Vladimir Putin called Washington’s sanctions policy a “colossal strategic mistake” which has only served to undermine…
Chinese increase in Iran oil imports could offset impact of US sanctions – Novak
Sputnik – China’s possible decision to increase its imports of Iranian oil could offset the negative impact of US sanctions on Iran’s…
France: Row with US on Iran can boost EU’s financial independence
Press TV – France says the European Union must use the ongoing row with the US over the Iran nuclear deal as…
U.S. actively considering waivers on Iran oil sanctions
Reuters – The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their…
Saudi crown prince to Trump: We’ve replaced all Iran’s lost oil
Bloomberg – Saudi Arabia’s crown prince, facing U.S. pressure to tame surging oil prices, insisted that the kingdom is fulfilling promises to…
U.S. oil exports fall as India turns to Iran ahead of sanctions
Reuters – Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of U.S. sanctions next…
Iran, Turkey sign three agricultural MoUs
IFP – Iran and Turkey have signed two agreements on promotion of mutual cooperation in veterinary and one on the development of…
Iran, Russia confer on using national currencies in trade
MNA – Heads of Iran and Russia central banks met in Moscow Thursday, and discussed various issues related to banking cooperation, particularity…
Oil prices rise on Iran sanctions, outlook uncertain
Reuters – Oil prices rose on Friday as traders anticipated a tighter market due to U.S. sanctions on Iran’s crude exports. Benchmark…
Iran oil buyers craving Obama’s waivers get Trump shock instead
Bloomberg | Heesu Lee and Debjit Chakraborty: Oil buyers who viewed Obama-era policies as precedent for U.S. sanctions on Iran are getting a rude…
After repeated record lows, rial recovers unexpectedly
MNA – Following government’s Saturday measure to grant authority to the Central Bank of Iran (CBI) to interfere in the foreign exchange…
Exports of aquatic animals at 20% growth in H1
MNA – Statistics shows that export of aquatic animals experienced a considerable 20% growth in the first half of the current Iranian…
Iran says oil price rally offsetting US sanctions impact
Press TV – A senior Iranian official says the recent rise in oil prices has offset the impact of US sanctions on…
Traders bet on oil at $100 as Iran sanctions loom
Reuters – Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a…
Oil hovers near four-year highs as Saudi, Russia agree supply rise
Reuters – Oil held near four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also…
“Suspend sanctions:” Iran OPEC boss says to Trump
SHANA – Iran’s OPEC Governor said imposing sanctions on Iran’s oil industry was not practical, adding, “Mr. Trump is fuming at the…
India should continue buying oil from Iran: Shashi Tharoor
Money Control – Congress MP Shashi Tharoor on October 3 said the country should make efforts to continue oil supplies from Iran…
Japan tells US corporate activity should not be impacted by Iran sanctions
S&P Global Platts – Japanese delegates told US counterparts during a meeting in Washington Monday that Japanese corporate activities should not be…
Iran enjoys high capability to boost oil exports at intl. level
MNA – Deputy Minister of Oil and CEO of the National Iranian Gas Company (NIGC) Hamid-Reza Araghi said that Islamic Republic of…
Uncertainty around US sanctions on Iran adds $5-$7 to oil prices – Minister
Sputnik – Uncertainty in the oil market arising from US sanctions against Iran adds $5-$7 to price of barrel of oil, Russian…
Iran mushroom production estimated to increase by 6.6%
Financial Tribune – More than 160,000 tons of mushrooms are estimated to be produced in Iran during the current Iranian year (March…
Central Bank of Iran puts producer inflation at 44.4% (Sep 2018)
Financial Tribune – An increase of 44.4% was registered in the Producer Price Index in the Iranian month of Shahrivar (Aug. 23-Sept.…
International court of justice orders US to lift new Iran sanctions
The Guardian | Saeed Kamali Dehghan : Judges in The Hague find unanimously in favour of Iran but court has no way…
EU payment mechanism sign of resistance to US bullying
Iran Daily – The new EU special payments channel devised to maintain business is viewed by many observers as a step in…
Total cannot resume work in Iran due to US sanctions threat – CEO
Sputnik – In August, Iranian Oil Minister Bijan Zanganeh said that the French company had officially withdrawn from the agreement on the…
Putin says better if Trump didn’t intervene in oil markets
Reuters – Russia’s President Vladimir Putin said on Wednesday it would be better if U.S. President Donald Trump did not intervene to…
Iran-Turkey half-year trade reaches $5.2b in 6 months
IRNA – The trade between Iran and Turkey reached $5.2b in the first half of the year, Iran’s economic attaché in Turkey…
Iran: Oil deal negotiations with EU proceeding well
Press TV – A senior official says Iran’s negotiations with the EU to reach an agreement to sell Iranian oil to Europe…