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US imposes sanctions on Iran’s shipping network
Sep 05, 2019 01:10The United States has imposed sanctions on an Iranian shipping network – several tankers, companies and insurance firms -- accusing it of supplying millions of barrels of oil to Syria.
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Iran to further retreat from nuclear deal if Europe takes no action by Thursday
Sep 04, 2019 02:06Iranian Foreign Minister Mohammad Javad Zarif says the Islamic Republic will further lower its commitments under the 2015 nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), unless the European signatories to the accord take action to salvage the pact by Thursday.
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Finnish top diplomat confirms talks on credit facility for Iran in exchange for oil sale
Sep 04, 2019 01:37Finland’s Foreign Minister Pekka Haavisto has confirmed reports that Iran would be able to resume its oil sale under a new initiative by France, which seeks to provide Tehran with a crucial credit facility to help save a nuclear deal that has suffered as a result of US sanctions.
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Iran posts trade surplus of $61 million till late August
Sep 04, 2019 01:25Iran has reported a trade surplus of nearly 61 million for the period covering the initial five months of the Iranian calendar year.
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France: Saving Iran’s nuclear deal hinges on ‘US waivers’ from bans
Sep 04, 2019 01:15France says efforts aimed at saving a 2015 multilateral nuclear deal on the Iranian nuclear program hinges on the United States’ provision of waivers from the sanctions it has unilaterally and illegally re-imposed on Tehran.
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Iran’s oil products expose frailty of US sanctions web
Sep 03, 2019 07:01Oil products are emerging as Iran’s mainstay in a grueling battle with the United States which is bent on wiping out the country’s revenues.
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Iran’s rial keeps rallying amid reports that sanctions might be eased
Aug 26, 2019 09:41Iran’s currency rial keeps rallying against the US dollar after reports emerged from a summit of the G7 group of industrial nations that American sanctions on Tehran might take a different course in the future.
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Iraq to deposit billions in TBI to pay for Iran’s energy import: Source
Aug 26, 2019 01:30A senior source active in Iran’s trade with Iraq says the Arab country is to deposit several billions of US dollars in an account in an Iraqi bank to pay for imports of energy from Tehran as well as for other debts.
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Iran spent $62b on imports of basic goods, medicine since March: Chief banker
Aug 21, 2019 01:08The governor of the Central Bank of Iran (CBI) says the country has spent some $62 billion on imports of basic goods and medicine since March, when the Iranian calendar year started.
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New report says US sanctions on Iran are killing cancer patients
Aug 17, 2019 00:50The patient cancers in Iran are losing their lives as a result of US economic sanctions against the Islamic Republic, an Iranian pharmacology professor says.