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Mar 2, 2021

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  • India to Purchase 9 Million Barrels of Iranian Oil amid Sanctions

    India to Purchase 9 Million Barrels of Iranian Oil amid Sanctions

    India’s Oil Minister Dharmendra Pradhan said that two Indian companies have placed orders to buy Iranian oil in November.

    8 November 18 - 11:3
  • Ditching Dollar in Tehran-Seoul Trade

    Ditching Dollar in Tehran-Seoul Trade

    South Korea and Iran have agreed to switch to national currencies in trade exchanges as the sides aim to strengthen relations despite the US sanctions on Tehran.

    8 November 18 - 10:47
  • Germany or France May Host European Clearing House with Iran

    Germany or France May Host European Clearing House with Iran

    Despite the rumors that no one is willing to host the trade mechanism over fears of US sanctions, France or Germany have been named as the most viable options.

    7 November 18 - 12:35
  • CBI Is Prepared for Tougher Situations: Hemmati

    CBI Is Prepared for Tougher Situations: Hemmati

    Central Bank of Iran's Governor said new round of U.S. sanctions were predictable, adding the central bank is prepared for tougher situations.

    6 November 18 - 21:6
  • EU to Retaliate against U.S. Sanctions on Iran by Strengthening Euro

    EU to Retaliate against U.S. Sanctions on Iran by Strengthening Euro

    A response to US-initiated unilateral sanctions should consist of measures to make the euro stronger when it comes to international transactions, French Finance Minister Bruno Le Maire told.

    6 November 18 - 9:57
  • Iran to Open Special Account in Iraqi State-Owned Bank

    Iran to Open Special Account in Iraqi State-Owned Bank

    Vice president of Iran's Chamber of Commerce's investment commission says Iran is going to open a special account in an Iraqi state-owned bank,adding granting waiver to Iraq by U.S. is based on having non-dollar transaction with Iran.

    5 November 18 - 17:54
  • U.S. to Impose Sanctions on 700 Iranian Individuals and Companies

    U.S. to Impose Sanctions on 700 Iranian Individuals and Companies

    Trump Administration will impose new round of sanctions over 700 Iranian entities.

    5 November 18 - 10:14
  • U.S. Grants Waiver to South Korea for Importing Iranian Oil

    U.S. Grants Waiver to South Korea for Importing Iranian Oil

    South Korea has received a waiver on the renewed U.S. embargo on imports of Iranian oil, after months of negotiations between the allies, foreign media reported Monday.

    5 November 18 - 9:51
  • U.S. Threatens SWIFT to Penalty If it Provides Services to Iran

    U.S. Threatens SWIFT to Penalty If it Provides Services to Iran

    US Treasury Secretary Steven Mnuchin has warned global financial messaging service SWIFT that it could be penalized if it doesn’t cut off financial services to entities and individuals doing business with Iran.

    3 November 18 - 17:18
  • Iranian Financial Regulators Integrating with Russian SPFS

    Iranian Financial Regulators Integrating with Russian SPFS

    The Russian MP said Russia is already engaged in talks with Chinese, Turkish and Iranian financial regulators on integrating SPFS with financial messaging systems of these countries.

    2 November 18 - 13:37
  • IMF: Iran Should Strengthen its Macroeconomic Stability

    IMF: Iran Should Strengthen its Macroeconomic Stability

    International Monetary Fund says Iran should safeguard its macroeconomic stability in new round of U.S.sanctions on its oil sector.

    2 November 18 - 11:0
  • Iran Ranks 128th in Business Environment in World

    Iran Ranks 128th in Business Environment in World

    The World Bank Group states that Iran's business environment in 2019 inched up to 128 out of 190 countries.

    1 November 18 - 19:41
  • Trump Administration Grants Waiver to India for Importing Iranian Oil

    Trump Administration Grants Waiver to India for Importing Iranian Oil

    The US has broadly agreed to grant India a waiver from Iran sanctions, which would allow Indian oil companies to continue to import about 1.25 million tonnes of oil a month till March from Tehran, sources familiar with the matter said.

    1 November 18 - 18:56
  • South Korea Looking for Waiver from U.S. to Import Iranian Oil

    South Korea Looking for Waiver from U.S. to Import Iranian Oil

    South Korean Foreign Minister Kang Kyung-wha asked his US counterpart, Secretary of State Mike Pompeo, to grant his country a waiver for new US sanctions targeting Iran's partners in a recent phone call.

    31 October 18 - 9:31
  • Europe Wants Iran to Connect International Banking System

    Europe Wants Iran to Connect International Banking System

    European nations are seeking to ensure at least one Iranian bank stays connected to the world after the US imposed new sanctions against the country, a French senator said in Tehran.

    22 October 18 - 11:21
  • German Exports to Iran Stand at 1.8 Billion Euros

    German Exports to Iran Stand at 1.8 Billion Euros

    Germany has seen its exports to Iran have been steady since the United States walked out of the 2015 nuclear deal with the Islamic Republic.

    21 October 18 - 9:49
  • 22 Million Barrels of Iranian Oil en Route to China

    22 Million Barrels of Iranian Oil en Route to China

    A large amount of Iranian crude oil will arrive at China's Dalian port during October and the beginning of November, right before US sanctions on Iran apply.

    20 October 18 - 8:11
  • FATF Gives 4 Months to Iran to Complete Reforms

    FATF Gives 4 Months to Iran to Complete Reforms

    The international group that monitors money-laundering worldwide said Iran had until February to complete reforms that would bring it into line with global norms or face consequences.

    20 October 18 - 7:50
  • America Imposes New Sanctions on 4 Iranian Banks

    America Imposes New Sanctions on 4 Iranian Banks

    The US Treasury announced that four Iranian banks, will be targeted by new Iran's sanctions.

    17 October 18 - 9:47
  • Iran,Africa Banking Relations Barriers Solved

    Iran,Africa Banking Relations Barriers Solved

    Secretary General of the Economic Cooperation Council of Iran and Africa in Iran's Chamber of Commerce reported that Iran and Africa banking problems have been solved.

    15 October 18 - 17:25
  • Iran Foreign Debt Shrinks

    Iran Foreign Debt Shrinks

    Iran's external debt volume during the first five months decreased by 8 percent year-on-year.

    14 October 18 - 20:5
  • Iran Demands to Have Euro Bank Guarantee from India

    Iran Demands to Have Euro Bank Guarantee from India

    Iran has insisted that India should provide it a euro-denominated bank guarantee to operate the project.

    11 October 18 - 12:31
  • India to Keep Oil Purchase from Iran amid U.S. Sanctions

    India to Keep Oil Purchase from Iran amid U.S. Sanctions

    The world's third-biggest oil consumer, India, will continue importing crude from Iran despite US threats to punish companies working in the Islamic Republic past the November sanctions deadline,

    9 October 18 - 16:55
  • IMF Releases its Prediction of Iran Economy

    IMF Releases its Prediction of Iran Economy

    IMF predicted that Iran economy will shrink in 2018 and 2019.

    9 October 18 - 16:19
  • India Pursuing Barter or Rupee Agreement with Iran,Russia, Venezuela

    India Pursuing Barter or Rupee Agreement with Iran,Russia, Venezuela

    India discussed the possibility of trading oil with Russia, Venezuela, and Iran either in Indian rupees or under a barter agreement, citing an unnamed official.

    7 October 18 - 10:2
  • JPMorgan to Pay $5.26 mn to OFAC due to Transaction with Iran

    JPMorgan to Pay $5.26 mn to OFAC due to Transaction with Iran

    JPMorgan Chase Bank has agreed to pay penalties of more than $5.26 million to settle over 87 violations of US sanctions, including measures imposed against Iran and Cuba, the US Treasury said.

    6 October 18 - 9:35
  • Central Bank of Iran Governor Meets his Russian Counterpart

    in Moscow:

    Central Bank of Iran Governor Meets his Russian Counterpart

    Governor of the Central Bank of Iran as a head of a delegation traveled to Russia to meet his counterpart for having talks to enhance two-sided banking and financial relations.

    4 October 18 - 21:1
  • 50 German Banks Processing Payments from Iranian Banks

    50 German Banks Processing Payments from Iranian Banks

    Director of Bank Melli Iran branch in Hamburg said some 50 German Banks accept payments from Iranian banks

    4 October 18 - 12:34
  • International Court of Justice Orders US to Lift New Iran Sanctions

    International Court of Justice Orders US to Lift New Iran Sanctions

    The UN’s international court of justice has reprimanded the US over its re-imposition of sanctions on Iran, ordering Washington to lift restrictive measures linked to humanitarian trade, food, medicine and civil aviation.

    3 October 18 - 17:36
  • Russia to Ignore U.S. Sanctions against Iran

    Russia to Ignore U.S. Sanctions against Iran

    Moscow plans to continue its cooperation with Iran even if new sanctions are slapped on Tehran, Russian Energy Minister Alexander Novak told reporters on Wednesday.

    3 October 18 - 15:55
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