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Iran ready to host Int'l car race in 2019

Iran ready to host Int'l car race in 2019

The Head of the Motorcycle and Automobile Federation of Iran said meetings will be held with the specialized committees and proposals will be offered to host an international competition in Iran in 2019, reports IRNA.

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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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Rouhani: Iran's oil exports improved after 4 November

Rouhani: Iran's oil exports improved after 4 November

US expected economic chaos in Iran after Nov 4 re-imposition of sanctions against the country, but the Iranian people and economic operators in the country confounded Washington’s expectations, President Hassan Rouhani said on Tuesday.

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Iran’s exports to Iraq up by 66 percent

Iran’s exports to Iraq up by 66 percent

Iran exported 6.57 billion dollars of non-oil goods to Iraq during the first eight months of the current Iranian calendar. The figure is 66.59 percent higher in terms of value and 66.14 percent in terms of weight as compared to a similar period last year.

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Turkey oil import cuts from Iran - Behind the scenes

Turkey oil import cuts from Iran - Behind the scenes

Former Iranian Ambassador to Turkey believes: “Oil contracts between Iran and Turkey are long-term and Turkey can be penalized for cutting its imports from Iran. But this seems to be temporary and a tool to haggle over prices.”

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Iranian drugs one step from global markets

Iranian drugs one step from global markets

Iran has been selected as the first Middle Eastern observer member of The International Council for Harmonization of Technical Requirements for Pharmaceuticals for Human Use (ICH). Joining the Council will pave the way for medical exports.

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Iran not participating in OPEC production talks

Iran not participating in OPEC production talks

Speaking about Iran’s track record for supporting OPEC and its efforts for a stable market, the Iranian Petroleum Minister said: “Iran will not participate in any OPEC negotiations for oil production for as long as the sanctions last. It must be exempted from any decisions on production levels.”

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Why oil prices dropped with Iran sanctions

Why oil prices dropped with Iran sanctions

Former Director of International Affairs at the National Iranian Oil Company (NIOC), believes: “The possibility of an increase of more than two million barrels of non-OPEC countries’ oil in 2019 and a supply surplus on the market has led to a drop in world oil prices in recent weeks.”

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Iran: Iraq must pay in euros for gas imports

Iran: Iraq must pay in euros for gas imports

Iran’s Deputy Minister of Petroleum has said: “The National Iranian Gas Company (NIGC) is opposed to being paid in Iraqi dinars for its exports to this country; because the agreement has been signed in euros.

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