iran economy
US sanctions network facilitating Iran oil sales

US sanctions network facilitating Iran oil sales

TEHRAN, May 13 (MNA) – The US Treasury Department has sanctioned an international network for its alleged facilitation of the shipment of millions of barrels of Iranian crude oil worth billions of dollars to China

FTA to boost Iran-EAEU trade, economic cooperation

FTA to boost Iran-EAEU trade, economic cooperation

TEHRAN, May 12 (MNA) – Implementation of an agreement with the Eurasian Economic Union (EAEU), an economic union of five post-Soviet states will help both sides promote trade and economic cooperation, Iran Foreign Ministry spokesman said.

US and China agree to drastically roll back tariffs

US and China agree to drastically roll back tariffs

TEHRAN, May 12 (MNA) – The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets.

US announces China trade deal in Geneva

US announces China trade deal in Geneva

TEHRAN, May 11 (MNA) – The White House touted a "China trade deal" on Sunday — without providing details — after two top US officials alluded to a potential agreement with China following talks between the two countries in Switzerland at the weekend.

South Pars gas output volume to increase by 15 mcm per day

South Pars gas output volume to increase by 15 mcm per day

TEHRAN, May 10 (MNA) – The CEO of the South Pars Gas Complex highlighted its role in supplying 73% of the country’s gas and announced the early start of major refinery overhauls, targeting a daily production rise of 10 to 15 million cubic meters.