• Iran signs contracts with major European companies for crude sale

    Iran signs contracts with major European companies for crude sale

    Jun 11, 2016 12:18

    Iran has signed contracts with major European companies for the sale of crude oil, five months after the implementation of the last year’s nuclear agreement between Tehran and six global powers, a senior Iranian official says.

  • Seoul to up Iran condensate imports

    Seoul to up Iran condensate imports

    Jun 10, 2016 15:06

    Traders say they expect South Korea to step up purchases of the ultra light oil from Iran by more than 50 percent in June.

  • India clearing remaining Iran oil dues via German Bank

    India clearing remaining Iran oil dues via German Bank

    Jun 09, 2016 15:36

    Indian refiners have started to settle the rest of their outstanding oil dues to Iran via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH), a report said.

  • Iran to launch two more phases of South Pars gas field

    Iran to launch two more phases of South Pars gas field

    Jun 08, 2016 12:07

    A senior Iranian energy official says the country will launch two more major phases of the huge South Pars gas field project in the Persian Gulf in the second half of the current Iranian calendar year (started March 20).

  • Jump in foreign investments in Iran’s OTC

    Jump in foreign investments in Iran’s OTC

    Jun 07, 2016 01:59

    Iran’s media have reported a major rise in foreign investments made in the so-called over-the-counter (OTC) market or better known in Tehran as Fara Bourse.

  • Rapid surge seen in Iran’s oil exports

    Rapid surge seen in Iran’s oil exports

    Jun 06, 2016 09:58

    More indications have appeared that show Iran has been able to increase its oil exports at a much faster pace than earlier anticipated.

  • Iran, Austria must counter financing for terrorism

    Iran, Austria must counter financing for terrorism

    Jun 04, 2016 15:15

    Minister of Finance and Economic Affairs Ali Tayyeb-Nia says Iran and Austria need to enhance cooperation in the banking sector and work toward stopping the flow of financial aid to terrorists.

  • Major drop in Russian exports to Iran

    Major drop in Russian exports to Iran

    Jun 03, 2016 11:42

    Indications are growing that Russia’s trade with Iran have been on a decline over the past few months in what experts say could be a result of the warming trade relations between Iran and the West now that the sanctions against the country have been lifted.

  • Iran: Airbus deal awaiting US seal

    Iran: Airbus deal awaiting US seal

    Jun 03, 2016 11:16

    Iran has announced that a major deal that it signed with Airbus in January to purchase 118 planes from the European aviation giant is still pending authorization from the United States.

  • Armenia OKs abolishing Iran visa regime

    Armenia OKs abolishing Iran visa regime

    Jun 02, 2016 11:47

    Armenia has announced that it has approved signing an agreement with Iran to abolish the visa regime between the two countries.