Economy
 
US-China unfolding trade war likely may benefit Iran

US-China unfolding trade war likely may benefit Iran

An unfolding trade war between the US and China may benefit Iran which sells much of its crude oil to Asia’s economic powerhouse.

 
French companies won

French companies won't be able to stay in Iran

"Europe has to build independent financial institutions immunized from US penalties which are making business in Iran impossible for European companies," stressed France’s finance minister.

 
Iran calls on OPEC to resist US calls to alter output policies

Iran calls on OPEC to resist US calls to alter output policies

Iranian Oil Minister called on the Organization of the Petroleum Exporting Countries (OPEC) to resist calls from Washington to alter its output policies.

 
Iran to increase gas export volume to Armenia in current year

Iran to increase gas export volume to Armenia in current year

"Iran’s gas export volume to Armenia will increase in the current year," Chief Executive of the National Iranian Gas Company (NIGC) said.

 
Iran launches train service to Turkey’s Van after hiatus of 3 years

Iran launches train service to Turkey’s Van after hiatus of 3 years

Iran says it has launched a train service to Turkey’s Van after a hiatus of about three years.

 
Plan on Agenda to attract funds from domestic resources: Iran

Plan on Agenda to attract funds from domestic resources: Iran

"A plan is on agenda to attract funds from domestic resources to maintain production at the country’s key oil fields," Iran Energy Exchange Managing Director said.

 
Russia’s Gazprom ready to start gas projects in Iran

Russia’s Gazprom ready to start gas projects in Iran

Russia’s energy giant Gazprom says it is moving closer to an ambitious scheme that envisages the development of several Iranian gas projects, including one that involves a state-of-the art technology ...

 
Japan bans Canadian wheat after some GMO grain found

Japan bans Canadian wheat after some GMO grain found

Japan banned imports of Canadian wheat Friday after it was discovered that some of the grain was genetically modified.

 
India not able to use European banks for making payments to Iran from Nov.

India not able to use European banks for making payments to Iran from Nov.

"India will not be able to use European banks for making oil payments to Iran from November," Indian officials have been quoted by media as saying.

 
S. Korea crude oil imports from Iran at 2-year low

S. Korea crude oil imports from Iran at 2-year low

The latest market figures show that South Korea’s imports of crude oil from Iran in May fell to the lowest level over the past two years.

 
Germany calls for a

Germany calls for a 'United Europe' to confront Trump's 'America first' policy

German Foreign Minister Heiko Maas has called European governments to stand against Donald Trump's 'America First' policy with 'United Europe.'

 
China suggests sanctions relief for N.Korea after U.S. summit

China suggests sanctions relief for N.Korea after U.S. summit

China suggested on Tuesday that sanctions relief could be considered for North Korea, after U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearisation ...

 
Trump says

Trump says 'fair trade now fool trade', venting anger on NATO allies

U.S. President Donald Trump issued a volley of tweets on Monday venting anger on some of Washington's closest NATO allies over the United State's trade deficit, following a divisive G7 meeting in Canada....

 
Import of consumer goods dropped by 3%

Import of consumer goods dropped by 3%

"Import of consumer goods dropped by 3% from March 21 to May 22 as compared to the same period last year," stressed Deputy Minister of Industry, Mine and Trade for Export Affairs

 

Iran’s saffron exports last year hit a 10-year high

Iran’s saffron exports last year hit a 10-year high, with the highly-prized spice generating more than $325 million in hard currency revenues.

 
India’s Nayara Energy to cut Iran oil imports

India’s Nayara Energy to cut Iran oil imports

India’s Nayara Energy has unveiled a plan for a major reduction in oil imports from Iran in the wake of returning US sanctions against the Islamic Republic.

 
Iran, China to use local currencies in trade exchanges

Iran, China to use local currencies in trade exchanges

“Under a Memorandum of Understanding (MoU) inked between Iran and China, the two countries will use their local currencies in trade exchanges," Iranian Minister of Economic Affairs and Finance (MEAF) ...

 
Iran, Europe hold new round of oil talks

Iran, Europe hold new round of oil talks

Despite US pullout from Joint Comprehensive Plan of Action (JCPOA), several foreign petrochemical delegations especially European firms have held talks with the senior officials of Iran’s oil and petrochemical ...

 
Iran is to increase oil production from 29 oilfields

Iran is to increase oil production from 29 oilfields

"Planning is underway for increasing oil production volume from 29 oilfields," pointed out Iranian Minister of Oil Bijan.

 
Turkish firms to attend international defense fair

Turkish firms to attend international defense fair

Some 59 Turkish defense companies will attend the international land and air defense and security exhibition in Paris next week.

 
Iran export to Qatar increases fivefold: Figures show

Iran export to Qatar increases fivefold: Figures show

The latest figures released by Islamic Republic of Iran’s Customs Administration (IRICA) show Iran’s exports to neighboring Arab country Qatar have increased fivefold.

 
Iran start cross-border trade with Iraq at Khosravi border

Iran start cross-border trade with Iraq at Khosravi border

"Iranian merchants can start cross-border trade with Iraq at Khosravi border crossing," stressed the chairman of the Kermanhsah province’s chamber of commerce.

 
G7 summit continues amid narrow likelihood of success

G7 summit continues amid narrow likelihood of success

United States and traditional allies continue Canada summit of the Group of Seven with little hopes for successful outcome of the meeting.

 
India starts operations of strategic Chabahar Port by next week

India starts operations of strategic Chabahar Port by next week

Officials at Indian Shipping Ministry announced that they would start development operations of strategic Chabahar Port in Iran by the next week.

 
Iran to sue Boeing for cancellation of deal

Iran to sue Boeing for cancellation of deal

Tehran will sue Boeing at international tribunals for unilateral cancellation of delivering aircraft to Iran in light of American sanctions, an Iranian lawmaker says.

 
EU set to impose extra tariffs on US imports from July

EU set to impose extra tariffs on US imports from July

The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium....

 
Merkel eyes talks with Trump on Iran, trade tariffs

Merkel eyes talks with Trump on Iran, trade tariffs

Chancellor Angela Merkel said Wednesday she was hoping to discuss Iran’s nuclear program with U.S. President Donald Trump at an upcoming G7 summit in Canada on June 8-9.

 
Putin says he warned Europe about US trade threat, nobody listened

Putin says he warned Europe about US trade threat, nobody listened

Russian President Vladimir Putin said on Thursday he had warned Europe a few years ago about the risk of the United States imposing its rules on other countries, but that nobody had wanted to listen.

 

Putin says Russian businessmen being persecuted in countries like Britain

President Vladimir Putin said on Thursday that Russian businessmen were being persecuted in countries like Britain and that they would be better off in Russia along with their assets.

 
Iran is to decrease genetic diseases

Iran is to decrease genetic diseases

Iran’s Health Ministry has aimed to decrease genetic diseases across the country by 50 percent based on a 5-year plan, said head of Non-communicable diseases committee of the ministry.

 
 
Article
From Compromise to Partnership: The Impact of the Trump Administration’s Policy towards Russia on Iran

There are serious doubts over the exact route of the US domestic and foreign policies under Donald Trump due to his controversial positions on various issues. In the meantime, one of the important issues that attracted the attention of observers and analysts even before the election of Trump and during ...

 
Report
News Media
Gas for peace or war in eastern Mediterranean?

Maritime boundaries and Exclusive Economic Zones (EEZ) in the eastern Mediterranean have become subjects of dispute since hydrocarbon resources began to be discovered in 2009, particularly between states embroiled in long-standing political problems in the region.

Pakistan losing lucrative export market in Afghanistan

The increasingly cold, stalled and often tense ties between Kabul and Islamabad have practically wiped out Pakistan’s traditional market share, allowing new players such as Turkey, China and India to replace it in landlocked Afghanistan, traders said.

The toppling of Saudi Arabia as the world

Oil production in the United States is set to outstrip both Saudi Arabian and Russian output levels in 2018, according to a recent International Energy Agency assessment.

Public jittery as Turkish lira slides rapidly over political, economic issues

he spectre of economic hardship - if not outright crisis - is looming large yet again as the Turkish lira continues its rapid slide against the US dollar and euro, with some people already displaying signs of panic by talking of withdrawing their savings from banks as politicians revert to rhetoric ...

millions on their backs, few Euros in their hands

Morocco’s ‘cargo women’ carry goods worth millions of Euros on their backs.

 
 
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