US sanctions - page 11

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AloPeyk on Expansion Spree

EghtesadOnline: At a time when most Iranian startups are devising damage control strategies to weather economic headwinds caused by US sanctions , Iran’s major online package delivery firm has launched an expansion program with the support of Turquoise Partners.
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Publish Date:06/May/2019 | 14:21

Higher Exports Key to Countering Sanctions

EghtesadOnline: President Hassan Rouhani said Iran will work hard to maintain its oil sales and increase its non-oil exports to cushion the impact of harsh US sanctions .
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Publish Date:05/May/2019 | 13:19

Foreign Companies Continue Ties to Iran’s Oil, Petrochem Sectors

EghteadOnline: Despite the new US sanctions and bullying, and concerns expressed by Dutch banks, Dutch companies are still cooperating with Iran’s oil industry, said the head of the Dutch pavilion at the 24th Iran International Oil, Gas, Refining and Petrochemical Exhibition, May 1-4, in Tehran.
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Publish Date:05/May/2019 | 13:18

Plans to Counter ‘Economic Terrorism’

EghtesadOnline: Foreign Minister Mohammed Javad Zarif described the draconian US sanctions as "economic terrorism", stressing that Iran has devised plans to mitigate the impact of hostile measures.
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Publish Date:06/May/2019 | 14:13

Large Scope for Iran Petrochemical Sector

EghtesadOnline: The US sanctions on Iran’s oil sector has had no influence on petrochemical exports because the mechanism defined for exporting petrochemicals differs from crude oil export, the secretary general of Association of Petrochemical Employers Unions said.
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Publish Date:30/April/2019 | 24:13

Iran's ECA Reassures Foreign Trade Partners

EghtesadOnline: CEO of the Export Guarantee Fund of Iran says the fund has taken special measures to shield exports from the negative impact of US sanctions .
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Publish Date:29/April/2019 | 14:13

US Sanctions Against Iran Hurting Renault, Peugeot

EghtesadOnline: French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions .
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Publish Date:27/April/2019 | 13:00

US Oil Prices Up 50%

EghtesadOnline: Venezuela is in chaos. Iran is grappling with US sanctions . And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $64 a barrel.
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Publish Date:13/April/2019 | 14:38

Oil Climbs to 5-Month High Amid OPEC Cuts

EghtesadPnline: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya as well as strong US jobs data.
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Publish Date:09/April/2019 | 13:01

Hemmati Sees Positive Side of Things

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can reduce the negative impact of unilateral US sanctions on the economy.
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Publish Date:06/April/2019 | 15:03

Stronger Trade With Neighbors Should Take Precedence

EghtesadOnline: Iranian leaders should pursue deeper economic ties with neighboring countries, particularly Iraq, instead of obsessing over a European trade vehicle conceived as a way to avert US sanctions against Tehran, an economic analyst said.
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Publish Date:19/March/2019 | 24:16

Oil Ministry Denies Ex-President’s Claims

EghtesadOnline: Dismissing allegations by former president Mahmoud Ahmadinejad over mismanagement in the energy sector, the Oil Ministry said despite difficulties created due to the new US economic sanctions, revenues from oil exports have been received by the treasury.
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Publish Date:13/March/2019 | 14:35

Iranian Carmaker Says Cannot Deliver Presold Renaults

EghtesadOnline: Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts.
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Publish Date:10/March/2019 | 13:10

Erdogan: Turkey Ready to Launch Own SPV for Iran

EghtesadOnline: Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "legitimate" business amid the hostile US sanctions .
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Publish Date:16/February/2019 | 11:32

Indian Refiners Eye Modest Inflow of Iranian Oil

EghtesadOnline: Indian refiners are increasingly optimistic on winning another round of waiver to continue buying Iranian oil, at reduced levels, as New Delhi has put forward a strong case to Washington that it will not be able to afford zero Iranian crude, delegates attending a three-day petroleum conference in New Delhi said.
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Publish Date:12/February/2019 | 13:17

Japan Refiner to Resume Loading Iran Crude

EghtesadOnline: Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday, almost three months after the US sanctions waiver was granted.
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Publish Date:05/February/2019 | 15:23

Chery Unveils Arizzo 6 in Tehran

EghtesadOnline: Despite the new US sanctions and economic challenges Iran is facing, Chinese carmaker Chery, is not only sustaining ties with the country but has also launched a new model in the fledgling auto market.
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Publish Date:03/February/2019 | 14:31

Iran Welcomes EU's "Belated" Move to Open Payment Channel

EghtesadOnline: Officials in Tehran welcomed the creation of a channel with Iran called INSTEX by Europe, to help continue trade and circumvent unilateral US sanctions re-imposed after Washington withdrew from the international 2015 atomic deal signed with Iran in 2015.
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Publish Date:02/February/2019 | 15:14

EU's Iran Payments Vehicle Ready, But Hurdles Remain

EghtesadOnline: A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said on Monday, but is held up by disagreements among European countries.
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Publish Date:30/January/2019 | 10:53