Economy

The tensions between the United States and its European allies have been on the rise as Trump administration announced it will slap new tariffs on steel and aluminum produced by three of the country's biggest trading partners - Canada, Mexico, and the European Union, all of which vowed to retaliate.She …

Iran has scientific exchanges with several countries in the world and sanctions will not affect these relations, Hossein Vatanpour, an official affiliated to the Health Ministry said to the Islamic Republic News Agency (IRNA).He said that the international research works are not affected by the hostile diplomatic measures.Iran's knowledge based …

Zangeneh in his letter to the United Arab Emirates Minister of Energy and Industry and rotating Chairman of OPEC Conference Suhail Mohamed Faraj al-Mazrouei pointed to US unilateral and illegal sanctions against Iran and underlined execution of 'Article 2' of OPEC Statute on supporting the interests of all member states. …

Asgari made the remarks speaking during a meeting in the western Iranian province of Ilam on border relations between Iran and Iraq. Iran and Iraq have always had active trade ties with each other, Asgari said. 'Despite all the capacities and proper security at Mehran border terminal, we are witnessing …

Turkey's crude oil imports from Iran decreased by 20 percent to 2.1 million tons in the first quarter of 2018, compared to the same period last year, official information gathered by Anadolu Agency reveals, wrote the Turkish medium on Wednesday. Turkish total oil imports, including crude and diesel imports, decreased …

'Uzbek First Deputy Prime Minister Achilbay Ramatov emphasized the activation of air transport which is directly related to tourism and issuing visa; we need to facilitate the path,' said Akhoundi who is in Tashkent.He said that people of Iran know a lot about Uzbek cities, like Tashkent, Termez, Samarkand, and …

At the last meeting, both countries had decided to carry out further deliberations in order to complete all annexes of the FTA agreement by June 2018, which would complete the technical process of final FTA for consequential approval by the respective governments.In this connection, the ministry has invited request for …

Zangeneh made the remarks Wednesday on the sidelines of government committee meeting.Referring to cooperation with Europeans, he said it is important for selling oil, insurance, shipping and receiving money.Thanks to the fact that less than 1/3 of Iran oil is exported to Europe, but working with Europe is of importance …

If Total decides to leave the Phase 11 of development project on Iran's supergiant South Pars gas field, the country will substitute China's CNPC for the French company, Bijan Zangeneh said.About his Tuesday's presence in Majlis (Parliament) to review the current situation, Zangeneh said Petroleum Ministry and the Majlis Energy …

“Lukoil, Russia’s second biggest oil producer, said on Tuesday it had decided not to go ahead with plans to develop projects in Iran at the moment due to the threat of US sanctions,” Reuters quoted a company official as saying.“Considering the latest developments, I guess, it’s too early to say …