Oil price on Monday experienced a considerable decline on Monday due to the increased opposition to Iran’s sanctions. Given the above issue, global price of oil hits a record low which was unprecedented in the recent years. If US seeks to reduce Iran’s oil exports, oil supply in the markets will drop by one million […]

TEHRAN – National Iranian Oil Company (NIOC) has raised the June official selling price (OSP) for all its crude grades loading for Asia, Platts reported quoting a company source as saying on Wednesday. As reported, The OSP for Iranian Light crude was raised by 70 cents per barrel to a premium of $2 per barrel […]

TEHRAN – Iran has set April official selling price (OSP) of its Light crude oil for Asia 60 cents lower than the previous month, Reuters reported quoting an industry source with direct knowledge of the matter. According to the report the country has set the April OPS at $1.20 a barrel above Oman/Dubai quotes. Stepping […]

TEHRAN – The Fencing Confederation of Asia has elected an Iranian sports official as the head of the technical commission for the Asian Junior and Cadet Fencing Championships. President Fencing Confederation of Asia, Celso L. Dayrit, in a letter on Sunday, elected the head of Fencing Federation of Iran, Abbas Ali Faryabi, as the official in charge of the technical commission […]

Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a spate of elections. The Philippines and Vietnam will remain the star performers in 2018, with economic growth projected to exceed 6% again, according […]

TEHRAN – Iran’s Intelligence Minister Mahmoud Alawi raised the alarm about the Daesh (ISIL) terrorist group’s attempt to establish its self-proclaimed caliphate in Central Asia, Afghanistan and Pakistan after being flushed out of Iraq and Syria. After suffering blows in Syria and Iraq and losing grounds and its ruling there, Daesh is now seeking to […]

TEHRAN – Iranian Foreign Minister Mohammad Javad Zarif will pay visit to two Central Asian states of Tajikistan and Uzbekistan on Wednesday. The visits will take place at the official invitation of the authorities of the two Central Asian countries. Foreign Ministry Spokesman Bahram Qassemi said Zarif plans to meet Tajikistan’s high-ranking officials in the […]

TEHRAN – Persepolis football team of Iran is eighth in the latest Club Asia Ranking, released by footballdatabase.com. Iran Professional League title-holder Persepolis is the country’s sole representative in the AFC Champions League. Branko Ivankovic’s team sits eighth in the ranking with 1560 points. Al Hilal of Saudi Arabia, who has defeated Persepolis 4-0 in […]

TEHRAN  – Petrochimi Iran crashed Sareyyet Ramallah Palestine 108-45 on Day 3 of the FIBA Asia Champions Cup 2017 on Sunday. The Iranians led by 5 at the end of the first quarter and never looked back, building a 25-point lead at the half and proceeding to continue pounding Sareyyet Ramallah’s hapless defense. 25-year-old Meysam […]

TEHRAN – Iran’s women’s futsal team qualified for the Asian Indoor and Martial Arts Games. Iran lost to Thailand 2-0 in Group B on Wednesday but advanced to final four as the group’s second team. A Sawitree Mamyalee double in the third minute and 29th gave the 2013 bronze medalist victory. Iran started the competition […]