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China Determined to Pursue Trade Ties with Iran amid U.S. Sanctions
“China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions,” the Chinese foreign ministry said in a statement. “China’s lawful rights should be protected.”
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Bearer Checks to be Eliminated in Iran to Reduce Money Laundering
A member of the Iranian parliament reports that the parliament is making an attempt to enforce check reformation law to organize economy.
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Italian Biggest Bank to Compromise with U.S. over Iran Sanctions
Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said.
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Trump's Tweet Reveals U.S. Double-Faced Policy against Iran
U.S. President's tweet claims that he is looking for world peace, while his policy against Iran is undermining global rules.
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Government's New Foreign Exchange Package Comes into Effect
As the new foreign exchange package came into force on Tuesday, 23 cases of foreign exchange supply were registered and 8 trades were finalized in NIMA system until 4 pm.
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Britain: European Companies Can Be Protected in Iran Against Sanction
European companies can be protected from new U.S. sanctions on Iran, a junior British foreign minister said on Tuesday.
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Black Gold Price to Soar $90 by Imposing Sanctions against Iran
Looming US sanctions against Iran will likely hit Tehran’s oil sales abroad, and it could lead to a price spike in oil contracts.
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EU to Protect Firms in Iran by Enforcing Blocking Statute
The European Union is enforcing the so-called Blocking Statute to protect its firms operating in Iran from looming US sanctions against the country.
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5 ATR Planes Delivered to Iran amid U.S. Threats
The ATR 72-600 passenger planes landed at Tehran's international Mehrabad airport on Sunday morning, a day before the return of first round of U.S. sanctions against Iran.
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China Ignores U.S. Sanctions against Iran Oil Purchase
The U.S. has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations.
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Iranians Gold Demand Triples
Iran’s demand for gold bars and coins may remain strong for the rest of the year and even increase as the U.S. reimposes sanctions.
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Deutsche Bundesbank Passes Law to Hamper $400 mn Transfer to Iran
Germany's powerful central bank--Deutsche Bundesbank--passed on Wednesday a new financial policy that will effectively bar the transfer of nearly $400 million in cash to the Iranian regime.
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Iran's Rial Boosts up Against Dollar
Trump's comment regarding his willingness for Talking to Iranian authorities without any preconditions, increased rial value by 13000.
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In June;
India's Iranian Oil Imports Increase Sharply
Indian refineries imported 48% more Iranian crude in June this year as compared to imports from June 2017, according to government estimates.
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Renault Likely to Abandon Iran due to Fear of U.S. Sanctions
Renault SA is shaping up to be the latest European company to fall victim to Donald Trump’s renewed sanctions on Iran even if it doesn’t sell cars in the U.S.
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In Tir month;
Inflation Rate Stands at 10.2 Percent
Iran's inflation rate in the twelve-month period ended on the last day of the fourth Iranian calendar month of Tir (July 22) stood at 10.2 percent
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New Iranian Governor of CBI Appointed
Iranian government's cabinet gave a vote of confidence to Abdolnasr Hemamti as a new governor of Central Bank of Iran.
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To Iranian President;
'Threaten U.S. by Using Bitcoin'
The CEO of BTCC company advised Iranian President to use bitcoin to counter Donald Trump's policies.
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Biggest Turkish Refiner Decreases Iranian Crud Oil Imports
Turkey’s biggest oil importer Tüpraş has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tüpraş is likely to stick to lower volumes in coming months.
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Sri Lanka to Pay Iranian Oil Dues with Tea
The Sri Lanka Tea Board has proposed that the payments due from Iran for tea purchases from Sri Lanka be offset against the US$ 250 million that the Ceylon Petroleum Corporation (CPC) owes to Tehran for oil.
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German Hopeful that India Continues Iranian Oil Purchase
German Minister of State for international Affairs, Neils Annen, voiced hope that India would continue to purchase Iranian oil in the face of the US's looming sanctions against Tehran.
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Japan to Halt Iranian Oil Imports due to U.S. Secondary Sanctions
Japanese companies are about to stop Iranian oil imports completely on account of imposing U.S. secondary sanctions.
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Iran Submits Lawsuit to International Court against US Unilateral Step
The International Court of Justice (ICJ) on Tuesday said that it has admitted the Iranian complaint against the United States over re-imposition of unilateral sanctions.
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Europe Considering Activating CBI Accounts
The French, British and German governments have told Iran they are exploring activating accounts for the Iranian central bank with their national central banks.
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U.S. Confiscates Iranian Bitcoin Holders Assets
Iranian Head of Blockchain Association reported that 500 bitcoins belonged to Iranian individuals worth 25 billion tomans have been confiscated by U.S. government.
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Iran Oil Exports to South Korea Decrease Sharply
South Korea’s imports of Iranian oil fell 40.3 percent in June from the same month a year ago to their lowest since January 2015, as the country’s buyers’ slashed purchases ahead of the re-imposition of U.S. sanctions targeting Iran.
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India Accepts Pasargad Bank Proposal for Opening Branch
Just weeks before US sanctions on Iran begin, the Center has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai, it is learnt. The Finance Ministry has conveyed to the RBI that it has no objection to allowing the Tehran-based Bank Pasargad to open its branch in India.
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Japanese Banks to Halt Transactions with Iranian Financial Groups
Japanese banks are moving to stop handling all Iran-related transactions to meet a November deadline set by the United States, after President Donald Trump in May pulled out of a nuclear program agreement with Tehran.
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India Decreases Oil Imports from Iran
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.
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U.S. Seeking New Ways to Block Money Flows to Iran
U.S. government teams spent three days in Saudi Arabia discussing ways to cut off money flows to Iran without disrupting energy markets as Washington presses nations to stop buying Iranian oil by Nov. 4, a senior State Department official said.