Saudi Arabia, Russia raise stakes in oil price standoff
Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.
11 months trade with EAEU worths $2.5bn; Iran says
Iran’s foreign trade value with member states of the Eurasian Economic Union (EAEU) hit $2.5 billion in 11 months of the current Iranian calendar year.
Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices
Iran’s former ambassador to the Organization of the Petroleum Exporting Countries (OPEC) said the global oil prices will probably continue to decline.
Agriculture secure fund will focus on capital market
ran’s agricultural sector has traditionally been used to raising funds through the country’s banking system, especially the Agriculture Bank of Iran (74 percent).
OPEC meeting worse than ever; Zangeneh says
Iran’s Minister of Petroleum Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
Iran way of export to Azerbaijan changes
Trucks from Iran that export commercial cargo to the Republic of Azerbaijan can transship their cargo at the campus of customs to Azeri trucks without entering into Azerbaijan land.
Exports of aquatic animals to Russia doubled; Iran official
Annual exports of aquatic animals to Russia since the beginning of the current Iranian calendar year (March 21, 2019) have witnessed an over 100 percent increase year-on-year.
What COVID-19 might mean for the global economy?
COVID-19 risks have been priced so aggressively across various asset classes that some fear a recession in the global economy may be a foregone conclusion.
Chabahar gets invest request
Fifty-three companies have requested to invest in Chabahar, Iran’s only oceanic port, a senior official said.
South Korea allocates extra budget to fight virus
South Korea on Wednesday proposed an extra budget of nearly 12 trillion won to help better deal with the new coronavirus and minimize economic fallout from its outbreak there.