Iran
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Iran's Producer Price Index Increases by 26.9 Percent
Central Bank of Iran reported that the producer price index in last twelve months ending up Aban month of the current year (October) increased by 26.9 percent compared to the same period of the previous year.
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No Limitation for Foreign Oil Buyers in Stock Exchange: Official
Head of Iran's Securities and Exchange Organization said there is no restriction for purchasing oil for both domestic and foreign buyers in the energy exchange.
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Iraqi Central Bank Forbids Citizens from Taking Dollar to Iran
The Central Bank of Iraq on November 28 sent out a memo to banks and bureaux de change banning the selling of US dollars to Iraqi citizens looking to travel across the border to Iran.
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Russian President Inks EAEU-Iran Free Trade Zone Agreement
Russian President Vladimir Putin has signed a law ratifying a temporary agreement on formation of a free trade zone between the Eurasian Economic Union (EAEU) and the Islamic Republic of Iran.
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France or Germany to Host Special Purpose Vehicle
France and Germany are teaming up in a bid to circumvent sanctions re-imposed on Iran by the US.
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Iran Inflation Rate Stands at 18.4 Percent
Central Bank of Iran reports that the inflation rate during the last twelve months ending up Aban month (October), as compared with the same period of the last year is 18.4 percent.
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Iran Foreign Debt Decreases by 9 Percent
Iran's external debt in the first six months of the current year reduced by 9 percent, compared to the beginning of the year.
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India Rises Iranian Crude Oil Imports by 39 Percent
India's import of Iranian crude oil between April and September 2018 increased by 39% to 15.05 million tons as compared to the 10.84 million tons imported in the corresponding period a year ago.
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Iran Oil Exports to China Increase by 4.1 Percent
China’s oil imports from Iran increased by 4.1 percent annually to average 631,556 bpd between January and September, and Tehran was the fifth-largest oil supplier to the world’s top oil importer, official Chinese data shows.
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US Fines French Bank for Violating Iran,Cuba Sanctions
Societe Generale has agreed to pay $1.34 billion to US federal and state authorities to settle a pending legal dispute over violations of US trade sanctions against Iran and other countries.
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Scenarios could be Considered if JCPOA Signatories do not be Committed
Tehran will certainly continue to fulfill its commitments under the Joint Comprehensive Plan of Action for now, but various scenarios could be considered, Iranian Ambassador to Russia Mehdi Sanaei said
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Asian Countries to Resume Iranian Oil Imports
Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from U.S. sanctions on Tehran, sources familiar with the matter said.
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Iran, Russia to Settle with National Currencies
Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russian Energy Minister Alexander Novak said.
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EU to Take Iraq Side on Anti-Iranian Sanctions
According to a statement issued by the Iraqi Prime Minister, the European Union's foreign policy chief told him that the EU was willing to back Iraq on its stance on sanctions imposed on neighboring Iran by the United States.
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Trump Economic Sanctions against Iran Doomed to Failure
The US has declared economic war on Iran: after having pulled out of the UN security council-endorsed nuclear deal in May, the Trump administration is now unilaterally combating the right of the rest of the world to engage in legal trade with the Islamic Republic.
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Russia Inks Deal With Iran Blockchain Labs
The Russian Association of Cryptoindustry and Blockchain (RACIB) has signed a cooperation agreement with the Iran Blockchain Labs, one of the leading expert organizations of Iran, which is responsible for introducing digital technologies into the country's economy, according to Russia's RBK news network.
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Austria Refuses to Host European Financial Mechanism with Iran
Austria Foreign Ministry said Austria is not fond of hosting SPV to keep European trade with Iran.
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Max Keiser:
Iran Disconnection from SWIFT to Expedite U.S. Dollar Demise
The blacklisting of Iran from international financial messaging system SWIFT serves as a warning to Washington’s enemies, but will hasten the demise of the dollar, stockbroker-turned broadcaster Max Keiser told.
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SWIFT Cuts Central Bank of Iran Access to Financial Messaging System
The Iranian Central Bank has been cut off the SWIFT financial messaging system, the US Treasury Department has said.
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U.S. Grants 45-Day Waiver to Iraq to Purchase Iran's Energy Supplies
Iraq can continue to import natural gas and energy supplies from Iran for a period of 45 days, the United States has said, several days after reimposing sanctions.
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SWIFT to Disconnect some Iranian Banks in a few Days
The Belgium-based SWIFT financial messaging service will be disconnecting some Iranian banks this weekend, said SWIFT chief executive Gottfried Leibbrandt at an event in Paris on Friday.
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Iranian National Cryptocurrency to be Granted to Commercial Banks
CEO of Informatics Services Corporation said Iran's national cryptocurrency will be handed in banks for financial exchanges.
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SWIFT Action against Iranian Banks is Regretful: European Commission
European Commission said that SWIFT's stance for suspending Iranian access to it is regretful.
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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.
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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.
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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.
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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.
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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.
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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.
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U.S. to Impose Sanctions on 700 Iranian Individuals and Companies
Trump Administration will impose new round of sanctions over 700 Iranian entities.