The US Department of State is discussing allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield.
No 1356
Stocks continued to extend earlier gains on Wednesday, amid rising demand for the equities of small companies. The main index of Tehran Stock Exchange, TEDPIX, gained 668 points, or 0.27%, to…
A vast majority of US voters said they supported US President Donald Trump’s decision to not launch a retaliatory strike against Iran last month, according to a new Harvard CAPS/Harris Poll.…
Iran will fully implement the terms of the 2015 nuclear deal as long as the European parties meet their obligations completely, Foreign Minister Mohammad Javad Zarif said on Tuesday. Zarif was…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that unity and a firm resolve to resist the bullying of common enemies will help Muslim nations prosper.
The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales,…
Iranian automaker SAIPA has registered pre-orders for 350,000 vehicles, of which about 50,000 units—mainly Renault and Brilliance cars—cannot be delivered even in the best-case scenario, an…
To develop Tehran’s subway network, a multilateral contract has been signed to involve domestic knowledge-based companies in the production of rolling stock.
Six million bank accounts used for money laundering and goods smuggling have been monitored and blocked, the head of Iran’s Headquarters for Combating Smuggling of Commodities and Foreign…
The retail prices of potatoes during the month ending June 21 increased nearly fourfold (296.8%) compared with the same period of last year. A kilogram of potatoes were sold at 66,286 rials (51…
Russian daily oil output rose in June to 11.15 million barrels per day, up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, the country’s energy…
China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.
Olive production is estimated to reach 120,000 tons in the current fiscal year (started March 21) to register a 20% increase compared with last year's output, the executive manager of the…
Petrochemicals exports have increased by 3% in the last seven years, Majlis Research Center said in a report. "The figure stood at 18.2 million tons in 2011 and surpassed 20.3 million tons in…
Amid US sanctions, Iran on Tuesday said it believes India will act in its national interest on the issue of oil imports and Tehran can act as a "protector" of India's energy security. Iran's…
Iran traded 8.42 million tons of non-oil commodities worth $3.94 billion with the member states of the Association of Southeast Asian Nations in the last fiscal year (ended March 20, 2019) to…
An estimated $2 billion have been spent on Tehran’s wastewater network development plan since 1995, the head of provincial wastewater company said. "The venture has totally registered a work-in…
The third Iranian-Armenian power transmission line will be completed by the end of 2020, Iran’s energy minister said on Tuesday. Reza Ardakanian was speaking at the 16th session of the joint…
No 1355
Exporters of non-oil products have repatriated €5 billion of their export earnings to the economic cycle of the country since the beginning of the current fiscal year (started March 21), a…
China will end ownership limits for foreign investors in its financial sector in 2020, a year earlier than scheduled, Premier Li Keqiang said on Tuesday.
Iran needs to work more closely with Russia and China to counter the United States, but should not confine itself to a limited number of partners as going down this path does not benefit the…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei issued separate decrees on Tuesday appointing Brigadier General Mohammad Reza Ashtiani as deputy chairman of the General Staff of the…
Foreign Minister Mohammad Javad Zarif said Iran's surpassing of the enriched uranium stockpile limit set by the 2015 nuclear deal was not in violation of the accord and the steps can be reversed…
