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US aims to cut Iran oil export by 20% from May

US aims to cut Iran oil export by 20% from May

The United States aims to cut Iran’s crude exports by about 20 percent to below 1 million barrels per day (bpd) from May by requiring importing countries to reduce purchases to avoid U.S. sanctions, two sources familiar with the matter told Reuters.

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Iran shoe exports grow by 46 percent

Iran shoe exports grow by 46 percent

The Association of Iranian Shoe Industry has announced a 46 percent rise in exports and a 72 percent drop in imports of shoes in the first nine months of the Iranian calendar year. He named Iraq and Afghanistan as the main export destinations of shoes from Iran.

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Iran not concerned over imports of agricultural products

Iran not concerned over imports of agricultural products

A member of the Iranian Parliament Commission on Agriculture believes: “Considering Iran’s 10th rank among producers of agricultural goods and a self-efficacy factor of over 80 percent, the country is not concerned over the import of certain foodstuffs from multinational agricultural corporations.”

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Big drop in Iran oil exports affecting prices

Big drop in Iran oil exports affecting prices

A Professor of Economics in the US believes: “It is unreasonable to expect that a big drop in Iranian oil exports would have no effect on the price of oil, and indeed anticipation of the production drop from Iran was in my opinion one factor contributing to a higher price of oil earlier this year.”

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