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German Rail Operator, Deutsche Telekom End Iran Projects

EghtesadOnline: German rail operator Deutsche Bahn and Deutsche Telekom are ending projects in Iran after Washington imposed new sanctions against Tehran and said firms doing business with Iran would be barred from doing business with the United States.
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Publish Date:18/August/2018 | 04:28

Iraq to Respect Dollar Ban But Not All US Sanctions on Iran

EghtesadOnline: Iraqi Prime Minister Haider al-Abadi stepped back from his proclamation to abide by new US sanctions on Iran on Monday, saying his government would only respect the dollar ban in transactions with Iran.
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Publish Date:15/August/2018 | 05:12

How Turkey’s Lira Crisis Could Impact Iran

EghtesadOnline: Over the past week, the value of Turkish lira collapsed yet another time. At first glance, this seems like a problem peculiar to Turkey, but economists are warning that the Turkish lira’s slide will have a ripple effect on Iran’s economy.
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Publish Date:15/August/2018 | 05:08

US Sanctions on Iran Affect Trade With UAE

EghtesadOnline: The latest US sanctions against Iran are forcing many Iranian businesses in the UAE, which has recently become a trade hub of Iranian goods, to move to other countries like Turkey and Qatar.
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Publish Date:15/August/2018 | 04:58

Iraqi Premier to Visit Iran After Agreeing to Comply With US Sanctions

EghtesadOnline: Iraq’s Prime Minister Haider al-Abadi is to visit top trading partner Iran as well as Turkey next week, an official said on Saturday, days after Washington slapped new sanctions on Tehran and piled economic pressure on Ankara.
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Publish Date:13/August/2018 | 04:47

Oil Prices Up on Iran Sanctions While Future Contracts Decline

EghtesadOnline: Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that global trade disputes could slow economic growth and hurt energy demand.
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Publish Date:12/August/2018 | 07:03

How Iran’s Steel Industry Will Fare Under Sanctions?

EghtesadOnline: The Iranian steel industry was one of the main winners of the lifting of sanctions against Tehran in 2016. Now, with sanctions back in place, the industry’s future is at stake.
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Publish Date:12/August/2018 | 05:27

Iran's Finance Deals With China, Russia Intact

EghtesadOnline: Finance agreements Iran signed with China and Russia after the 2015 multilateral nuclear accord are still valid, despite the US reimposition of sanctions against Tehran, an official at the Organization for Investment, Economic and Technical Assistance of Iran said.
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Publish Date:12/August/2018 | 05:25

Pakistan to Pursue Iran Economic Relations Despite US Sanctions

EghtesadOnline: Pakistan on Thursday said it reserves the right to “pursue legitimate economic and commercial interests” with Iran in the wake of the reimposition of sanctions on Tehran by US President Donald Trump who warned that countries doing business with the Islamic Republic will face consequences.
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Publish Date:11/August/2018 | 05:56

Sanctions Hinder S. Africa’s MTN From Repatriating Iran Cash

EghtesadOnline: MTN Group, Africa’s biggest mobile operator, is sticking to its 2018 dividend target despite new US sanctions making it harder to repatriate cash from its Iran joint venture, the company said on Wednesday.
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Publish Date:11/August/2018 | 05:17

China, Germany defend business with Iran in face of U.S. threats

EghtesadOnline: China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred from the United States.
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Publish Date:08/August/2018 | 13:05

Japan Seeking US Oil Sanctions Exemption

EghtesadOnline: Japanese energy supply should not be affected by US sanctions on Iran, Japan's Minister of Economy, Trade and Industry Hiroshige Seko said in a news conference on Tuesday.
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Publish Date:08/August/2018 | 07:38

Oil Rises as Restrictions on Iran Tighten Supply

EghtesadOnline: Oil prices rose on Tuesday with the reimposition of US sanctions against major crude exporter Iran expected to tighten global supply. Spot Brent crude oil futures were $74.17 per barrel, up 42 cents, or 0.6%, from their last close, CNBC reported.
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Publish Date:08/August/2018 | 07:35

Trump Warns Against Doing Business With Iran

EghtesadOnline: US President Donald Trump on Tuesday said sanctions reimposed on Iran were the “most biting ever”, as he warned other countries from doing business with Tehran.
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Publish Date:08/August/2018 | 05:06

EU Encouraging Businesses to Increase Trade With Iran

EghtesadOnline: Federica Mogherini, the European Union foreign policy chief, said the EU is encouraging enterprises to increase their business with Iran, as the country has been compliant with their nuclear-related commitments.
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Publish Date:08/August/2018 | 05:02

Why One Company in France Won’t Bid Adieu to Iran

EghtesadOnline: As the US reimposes sanctions on Iran, some small European businesses remain steadfast in their choice to continue trading with Tehran despite “risks”.
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Publish Date:08/August/2018 | 04:55

Iran Criticizes Moscow-Riyadh Efforts to Ramp Up Oil

EghtesadOnline: A senior Iranian energy official criticized Russia and Saudi Arabia for ramping up oil output, saying they were breaking a production agreement between OPEC and Moscow and would strengthen the US effort to impose sanctions on Tehran.
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Publish Date:07/August/2018 | 09:46

Germany Upholds Export, Investment Guarantees for Iran Business

EghtesadOnline: Germany will continue to offer export and investment guarantees for companies doing business with Iran, its economy ministry said on Monday, adding that Berlin remained in dialogue with the US on exemptions for German companies from Iran sanctions.
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Publish Date:07/August/2018 | 06:26