Turkey expects the U.S. to extend its sanctions waiver on importing Iranian oil, Bloomberg reported on Thursday quoting Turkish Trade Minister Ruhsar Pekcan. “We expect an extension of Turkey’s exemption” from sanctions, Pekcan said in an interview with NTV in Ankara. She was referring to the temporary waiver that allowed Turkey to continue buying Iranian […]

US President Donald Trump’s unscheduled trip to Iraq met with harsh criticism from the Arab country’s political figures and parties, with some denouncing the move as a violation of Iraq’s sovereignty. For the first time since he became US president almost two years ago, Trump paid a surprise visit to American troops in Iraq on […]

 Head of Planning and Budget Organization Mohammad Bagher Nobakht said next year’s oil revenues (starting Mar. 21) are predicted to drop by 28%, amounting to $21 billion. Head of Planning and Budget Organization Mohammad Bagher Nobakht made the remarks Tuesday after President Rouhani submitted the budget bill for the next Iranian calendar year in 1398 (starting on […]

Minister of Petroleum Bijan Zangeneh says Iran’s budget is the least tied to oil production among OPEC Member States, adding the country’s macro policy is to cut down dependency on oil revenues. “Although Iran’s budget is the least tied to oil among OPEC Member States, we are in good condition compared to neighboring countries,” said […]

 Leader of the Islamic Revolution Ayatollah Khamenei led mass prayers for the body of the deceased Ayatollah Mahmoud Hashemi Shahroudi, in Mausoleum of Ayatollah Khomeini, on Wednesday morning. The funeral procession of Ayatollah Mahmoud Hashemi Shahroudi started at 8 am (Local Time) in Mausoleum of Ayatollah Khomeini on Tuesday. The procession was attended by huge crowd […]

President Hassan Rouhani presented the administration’s draft of the national budget bill for the next Iranian calendar year 1398, which starts on March 21, 2019, to the Majlis on Tuesday, ISNA reported. The proposed bill amounts to 17.03 quadrillion rials (about $405 billion at the official rate of 42,000 rials). Supplying basic goods, treatment and […]

 Iranian President Hassan Rouhani said that increasing bilateral cooperation between Iran and Azerbaijan in different fields is of special importance for Tehran. He made the remarks in a Tuesday meeting with the Speaker of the National Assembly of Azerbaijan Republic Ogtay Asadov in Tehran. Rouhani referred to the friendly, brotherly relations between the Islamic Republic […]

Foreign Ministry Spokesman has stressed that FM Zarif’s response to a French magazine about Israel’s annihilation is exactly in line with Iran’s policies set according to the Leader’s and Imam Khomeini’s stance. Bahram Ghasemi on Monday censured some media outlets for twisting the foreign minister’s remarks about Israel, stressing that Zarif’s response to a “trick […]

 Iran’s National Petrochemical Company (NPC) is preparing to issue bonds for financing petrochemical projects, NPC CEO said Monday. Behzad Mohammadi said Monday that NPC was preparing a preliminary draft for issuance of bonds in foreign currencies and rials to be approved by the government in a bid to help resolve some of the financial problems […]

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has offered his condolences over the demise of Chairman of the Expediency Council Ayatollah Mahmoud Hashemi Shahroudi. In his message on Tuesday, Ayatollah Khamenei expressed grief over the demise of Ayatollah Mahmoud Hashemi Shahroudi suffering from a long-standing painful illness. The Leader also condoled with Ayatollah Shahroudi’s […]