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U.S won't stop trade exchange between Tehran and Baghdad; Iraq economics analysis
ILNA:“An additional waiver for Iraq indicating that the United States cannot stop trade exchange between Iran and Iraq," Naser Alkanani, Iraqi professor said to ILNA news agency in an exclusive interview.
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Asian shares edge up, trade, geopolitical tensions cap gains
ILNA:Asian stocks inched higher on Monday, with a rebound in the Hong Kong market helping the mood, as investors remained cautious ahead of a closely-watched Federal Reserve meeting.
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Iran-Russia joint economic commission convenes
ILNA:The Fifteenth meeting joint economic committee of Iran and Russia is underway in Tehran with presence of high-ranking officials from both countries.
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India to impose retaliatory tariffs on 28 U.S. goods from Sunday
ILNA:India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi.
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Iran's non-oil trade surplus with ASEAN
ILNA:I ran traded 537,456 tons of non-oil commodities worth $219.09 million with the member states of the Association of Southeast Asian Nations during the first Iranian month (March 21-April 20) to register a 31.42% and 40.19% decline in tonnage and value respectively compared with last year’s same month.
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Iran auto production slides
ILNA:During the month ending May 21, Iranian carmakers produced 87,821 cars and commercial vehicles, registering a 16.1% decline compared with a combined output of 104,684 units in the corresponding month of the year before
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Iran under traveler’s eyes
ILNA:Dutch traveler believes that Iran is becoming a more and more popular destination, especially amongst higher educated young people who like to travel to more adventurous destinations. I do have some friends who've been to Iran or who tell me that would love to go there.
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Asia shares wary of Trump, wait on U.S. inflation
ILNA:Asian share markets were in a wary mood on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.
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Iran plans deep cut in reliance on oil incomes
ILNA:Iranian Vice President Mohammad Baqer Nobakht said a new scheme to reduce the country’s reliance on oil revenues is expected to restrict the dependence on petrodollars to only 10 percent.
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Sanctions cannot cripple petrochemical sector
ILNA:The sanctions imposed by the US on the petrochemical sector of Iran are not so powerful that they can cripple the industry in the long run, Hassan Khosrojerdi, head of Iranian Oil, Gas and Petrochemical Products Exports' Association (OPEX), told.
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Iran to join Eurasian Economic Union soon: Envoy
ILNA:Iranian parliament and government will provide legal provisions to join the Eurasian Economic Union in the matter of months, Iran's Representative to the forum of Caspian Sea heads of chambers of commerce Hassan Qashqavi said on Monday.
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Oil rises as Saudi sees producers sticking with ongoing supply cuts
ILNA:Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should keep supplies restricted at current levels, and in relief that the United States withdrew a tariff threat against Mexico, removing a cloud over the global economy.
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Iran approves outlines of bill to develop free trade with Eurasian nations
ILNA:Iranian lawmakers on Sunday approved outlines of a bill to develop a joint free trade zone of Iran and the Eurasian nations in the context of Eurasian Economic Union.
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Iran has no plans to leave OPEC: Zanganeh
ILNA:Iranian Minister of Petroleum Bijan Zanganeh said the country has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC).
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Iran gas production, exports rise
ILNA:Gas exports rose by 622 million cubic meters in fiscal 2018-2019 compared to the corresponding period last year.
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Oil prices rise for second day, climb from five-month lows
ILNA:Oil prices rose more than 1% on Friday, climbing further away from five-month lows hit earlier in the week after a report that Washington could postpone trade tariffs on Mexico and amid signs that OPEC and other producers may extend their supply cuts.
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Oil falls amid economic slowdown; supply cut consensus offers support
ILNA:Oil prices fell on Tuesday as an economic slowdown starts to dent energy demand, but markets won some support after Saudi Arabia said a consensus was emerging with other producers about extending supply cuts.
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Iran’s gas production hits 7.4% growth
ILNA:Statistics showed that gas production volume in the country hit a 7.4 percent hike in the last year (ended March 20, 2019).
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Iran, Turkey to launch new bilateral trade ties
ILNA:Iranian Ambassador to Turkey Mohammad Farazmand said Iran and Turkey are to maintain bilateral trade with new financial mechanism.
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Iran files complaint to ICAO over refusal of fueling its planes at foreign airports
ILNA:Iran has a filed complaint to the International Civil Aviation Organization (ICAO) over the issue related to its aircrafts being denied refueling at foreign airports, said an official at Iran Civil Aviation Organization.
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Caspian region to increase its gas production by 54%: GECF
ILNA:Caspian region is expected to increase its gas production by 54 percent by 2040, Secretary General of Gas Exporting Countries Forum (GECF) Yury Sentyurin said during the 26th International Caspian Oil & Gas Conference in Baku May 30, Trend reports.
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Iran has a lot of hidden beauties; French tourist told ILNA
ILNA:"My impressions and knowledge about Iran were different before traveling, that's why I wanted to know by myself," Pascal Perier, French tourist told ILNA news agency.
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Brent oil rises above $70 as OPEC cuts, US sanctions outweigh trade war worriesWorld News
ILNA:Brent crude oil prices rose above $70 per barrel on Tuesday as supply cuts led by producer club OPEC and U.S. sanctions on fuel exports from Iran and Venezuela outweighed concerns about an economic slowdown.
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Wall Street Weekahead: Trade protection doesn't have to exclude growth stocks
ILNA:The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
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India, Qeshm Island to boost sea trade
ILNA:Iranian official announced of India and Qeshm island new chapter of sea tarde.
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Oil falls on rising U.S. stockpiles, but markets remain tense
ILNA:Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced.
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Iranian oil exports not fall below half million barrels; Expert says
ILNA:"Iran's exports of crude oil to global market are higher than half a million barrels a day," an energy expert told in an interview.
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US cannot force Iran oil exports to zero; Iranian lawmaker told ILNA
ILNA:A senior Iranian lawmaker said on Sunday that Iran sell its oil now and we don't let the dream of America and its allies to come true.
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China's top diplomat calls for U.S. restraint on trade, Iran
ILNA:China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo on Saturday that recent U.S. words and actions had harmed the interests of China and its enterprises, and that Washington should show restraint, China’s foreign ministry said.
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Iran adopted new destinations in shipping its oil exports; official told ILNA
ILNA:Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official told ILNA.
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Exxon Mobil evacuates foreign staff from Iraqi oilfield: sources
ILNA:Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield and is flying them out to Dubai, three sources told Reuters on Saturday.
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China restarts purchases of Iranian Oil, bucking Trump’s sanctions
ILNA:On the same day that Iranian foreign minister Javad Zarif traveled to Beijing for talks on "regional and international issues,” the Chinese oil tanker PACIFIC BRAVO began traveling eastward, having loaded approximately 2 million barrels of Iranian oil from the Soroosh and Kharg terminals in the Persian Gulf over the past few days, according to analysis provided by TankerTrackers.com.
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Zarif confers with Chinese counterpart
ILNA:Iran's Foreign Minister Mohammad Javad Zarif conferred Friday with his Chinese counterpart Wang Yi on various regional and international issues.
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Oil drops on surprise U.S. stockpile rise, but Middle East tensions support
ILNA:Oil prices fell on Wednesday after data showed a surprise rise in U.S. crude stockpiles and Chinese industrial output for April grew less than expected, but prices were supported by mounting tensions in the Middle East.
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Asian shares fall to three-and-a-half month low as trade war escalates
ILNA:Fresh U.S.-China tariff war volleys pressured Asian shares on Tuesday, but comments from U.S. President Donald Trump that he expects trade negotiations to be successful aided sentiment.
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Asian stocks, yuan fall as Sino-U.S. trade talks deadlocked
ILNA:U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate.
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Ruptured oil pipeline in SW Iran resumes operation
ILNA:The ruptured 42-inch pipeline that carried oil from Ahvaz to Omidiyeh in southwest Iran has resumed operation after the technicians implemented the safety measures on it.
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Iran's non-oil foreign trade tops $4.8b
ILNA:Iran's non-oil foreign trade during the first month of the current fiscal year (March 21-April 20) stood at $4.87 billion.
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Iran plans counter measures for new round of sanctions
ILNA:The Central Bank of Iran has planned a number of measures to take for a new round of sanctions, said Abdolnaser Hemmati, Governor of the Central Bank of Iran, Trend reports referring to the website of the Central Bank of Iran.
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Global shares, oil slump after Trump vows China tariff hike
ILNA:Global financial markets tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week.