Greek Oil Tankers Most Likely to be Affected by US Sanctions on Iran
TEHRAN (Tasnim) - Greek ship owners are most likely to be affected by US sanctions on Iranian oil exports, according to VesselsValue.com.
Ayatollah Khamenei Urges ‘Swift’, ‘Just’ Action against Economic Corruption
TEHRAN (Tasnim) – In response to a letter by Head of Iran's Judiciary Branch, seeking permission to take special measures in order to confront economic corruption, the Leader of the Islamic Revolution approved the request and called for “swift and just” legal action against economic corruption.
Gas Field Contract with Total, CNPC Unchanged: Iranian Official
TEHRAN (Tasnim) – A gas field development contract with France’s Total and China’s state-owned CNPC remains unchanged, a senior Iranian oil official said.
Peugeot Should Pay Penalty for Pullout from Iran: Official
TEHRAN (Tasnim) – An Iranian deputy minister said French automaker Peugeot has to pay penalty for backing out of a contract it had already signed with Iran.
Iran Can Fully Meet Foreign Currency Needs: Official
TEHRAN (Tasnim) – A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said domestic demands for foreign currency by the end of the current year (March 21, 2018 – March 20, 2019) amount to $70 billion, which can be fully met.
Iranian MPs Draft Motion to Set Up Anti-Corruption Organization
TEHRAN (Tasnim) – The Iranian Parliament’s Judicial and Legal Commission has drafted a motion to found an organization for countering economic corruption and ensuring financial transparency in the country, the chairman of the commission said.
Storm Expected in Global Oil Market as Sanctions on Iran Loom, IEA Says
TEHRAN (Tasnim) – Oil markets have entered a brief period of calm but a storm might be looming later this year when new US sanctions are poised to slash supplies of Iranian oil, the International Energy Agency said.
Sanctions Can Lead to Boost in Iran’s Economy: Larijani
TEHRAN (Tasnim) – Iranian Parliament Speaker Ali Larijani described Washington’s new sanctions against the Islamic Republic as an opportunity for “the internal renovation of the country’s economy”.
Iran Eyes Tripling Flights to Afghanistan
TEHRAN (Tasnim) – Head of Iran's Civil Aviation Organization (CAO) said the country has offered to triple the number of weekly flights to neighboring Afghanistan.
US Sanctions Unlikely to Impact Swiss Businesses in Iran
TEHRAN (Tasnim) – The re-introduction of economic sanctions against Iran by the United States is unlikely to have a major impact on Swiss businesses in the Islamic Republic, Switzerland's State Secretariat for Economic Affairs (SECO) said.
EU Says Encouraging Trade with Iran Crucial to JCPOA
TEHRAN (Tasnim) – The European Union Foreign Policy Chief Federica Mogherini said the EU is encouraging enterprises to increase their business with Iran, as that country has been compliant with their nuclear-related commitments.
Nestle to Remain in Iran despite Renewed US Sanctions
TEHRAN (Tasnim) – Nestle (NESN.S) sees no direct fallout from renewed US sanctions on Iran, the world’s biggest food company said on Tuesday.
Iran’s Central Bank Unveils New Regulatory Package, Lifts Ban on Currency Trade
TEHRAN (Tasnim) – Governor of the Central Bank of Iran unveiled a new package of regulations on foreign currency trade which lifts a ban on the activity of money exchange markets.
Iranian MP: US Trade War Upsetting Int’l Relations
TEHRAN (Tasnim) – An Iranian lawmaker decried the US administration for waging a trade war in defiance of the long-standing norms of international relations, saying such an American policy will backfire.
German Energy Firms to Visit Iran Int’l Gas Show
TEHRAN (Tasnim) – Senior executives from German gas and energy companies are scheduled to visit the First Iran International Gas Show (IRGS 2018) to be held in Tehran in September.
Negotiations on Iran-Pakistan Gas Project Likely Next Month
TEHRAN (Tasnim) – Iran and Pakistan may start a new round of talks on how to advance a long-awaited gas pipeline project between the two countries in September, an official said.
Five Purchased ATR Planes to Land in Iran Tomorrow
TEHRAN (Tasnim) – Five more turboprops that Iran has purchased from ATR aircraft manufacturer will arrive in the country on Sunday morning to be added to the Iran Air’s fleet, the Iranian company said.
Scania Says Working to Deliver Spare Parts to Iran after US Sanctions
TEHRAN (Tasnim) – Scania’s entire sales into Iran could be lost if the United States reinstates sanctions against the country, the Swedish truckmaker’s head warned on Friday.
