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Concern mounts over EU gas, electricity supplies as Russia reduces exports to continent
Jul 27, 2022 09:04Up to a quarter of the EU's electricity demand is generated using gas. In some of the bloc's member states, it is higher. As less of it arrives from Russia, EU nations have agreed to reduce gas consumption by 15% until the spring.
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US/EU sanctions against Russia failed to have desired effect
Jul 27, 2022 04:02The US and EU sanctions against Russia have failed to have the desired effect so the US is now trying to limit the profitability of Russian oil sales by putting a price cap on it.
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Iran serious about sustainable, strong agreement: FM
Jul 27, 2022 01:54Iran's foreign minister says Tehran is “serious” about reaching a sustainable and strong agreement amid the ongoing talks aimed at potential fresh removal of the US’ inhumane sanctions against the Islamic Republic.
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President Raeisi: Deal on JCPOA revival still possible if West acts wisely
Jul 26, 2022 13:42President Seyyed Ebrahim Raeisi has once again blamed the West for the stalemate in talks on the revival of 2015 deal, saying, however, that Iran and the P4+1 group of countries can still reach a final agreement if the opposite side acts wisely.
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Top negotiator: Iran, P4+1 exchanging ideas about Vienna talks’ path forward
Jul 26, 2022 13:48Iran’s top negotiator says the sides to negotiations on the revival of the 2015 agreement are in the process of exchanging ideas about the talks’ path forward.
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EU agrees to cut gas consumption as Russia squeezes supply
Jul 26, 2022 10:52European Union (EU) members have agreed to reduce gas consumption as a European energy crisis deepens with Russia's latest decision to tighten the squeeze on the flow of gas to the continent.
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Iran calls on US to prove 'good faith', abandon blame game over JCPOA revival
Jul 26, 2022 06:40Iran has called on the United States to abandon its blame game over the revival of the 2015 nuclear accord, asserting that Tehran remains a member of the deal, unlike Washington which unilaterally withdrew from it four years ago.
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Iran to launch new homegrown satellite into orbit by year-end
Jul 25, 2022 00:59A top commander of Iran’s Islamic Revolution Guards Corps (IRGC) says the country will launch a new satellite into orbit by the year-end.
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Iran in oil swap deals with Russia, Kazakhstan: Leader’s advisor
Jul 25, 2022 00:32A top advisor to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran is in deals with Russia and Kazakhstan to swap crude oil produced by them with its own crude oil for the purpose of delivery to customers in the Persian Gulf.
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Iran launches Rial-Ruble trading at Iran Currency Exchange
Jul 24, 2022 02:16Iran Currency Exchange (ICE) has listed the ruble-rial pair trading, as the first stage of the Iran-Russia banking measures package agreed upon during Iran’s CBI governor’s trip to Moscow.