Iranian state-owned NIOC will switch the benchmark basis of its official prices for European crude sales, a potential signal of Tehran's intentions to return in full force to global markets.
The adviser on international affairs and trade agreements of the Trade Promotion Organization of Iran called Eurasia as a path for Iran's export development and access to global markets.
Iranian Foreign Minister Mohammad Javad Zarif said on Monday that Iran can serve as a transit road for Uzbekistan to the global markets and the high seas.
Iran's National Elites Foundation announced on Monday that 104 new Iranian inventions were registered at the international bodiesç.
Oil prices slipped on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as the coronavirus pandemic pummels demand.
Asian stocks eked out gains on Thursday, but the week’s rally lost steam as investors seemed torn between relief at the agreement of a huge U.S. stimulus package and dread over a likely spike in jobless claims and coronavirus cases.
Member of the Chamber of Commerce and Spokesman of Iran's Oil, Gas and Petrochemical Products Exporters' Union, Seyyed Hamid Hosseini told that countries like Turkey, Afghanistan, Turkmenistan, and the Iraqi central government have stopped importing oil from Iran.
Iran's doubling of its oil export hasn't had impact on the global markets, said Iran's Oil Minister Bijan Namdar Zanganeh.
