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Iran: SEO Working to Empower Capital Markets

EghtesadOnline: A range of new financial products, from Islamic bonds to warrants and insurance-linked securities, are being developed to help give local firms more funding options as US sanctions pile pressure on the economy.
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Publish Date:03/October/2018 | 05:36

Iran Eyes Development of Non-Ferrous Industries

EghtesadfOnline: Non-ferrous metals and mining industries in Iran have remained relatively underrated, considering their notable share of non-oil exports—a major focus for the country, especially in view of the reimposition of US sanctions .
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Publish Date:03/October/2018 | 05:30

Iran Energy Exchange to Start Trade in Oil Futures

EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.
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Publish Date:02/October/2018 | 06:08

US Studying Potential Iran Sanction Waivers

EghtesadOnline: The United States is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after Nov. 4, US Secretary of State Mike Pompeo said on Friday.
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Publish Date:16/September/2018 | 05:19

De-Dollarization Beneficial to Iran Trade Relations

EghtesadOnline: After Iran, Russia and Turkey, three regional allies hit by US sanctions , discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now weighing in on the degree the plan can be implemented with success.
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Publish Date:16/September/2018 | 05:06

Europeans Exploring Payment System With Iran

EghtesadOnline: Germany and its European partners are considering setting up a payment system with Iran, which allows the continuation of business transactions with the Islamic Republic once US sanctions kick in, an economy ministry spokeswoman said on Friday.
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Publish Date:15/September/2018 | 05:24

Japan Ready to Suspend Iran Oil Imports in October

EghtesadOnline: Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported on Tuesday.
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Publish Date:05/September/2018 | 11:55

Undisclosed Oil Shipments Could Help Dodge Sanctions

EghtesadOnline: Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered trades, discounts and extended credit periods on oil sales, analysts say.
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Publish Date:05/September/2018 | 11:52

Belgium Underlines EIB’s Support for Investment in Iran

EghtesadOnline: Minister-President of Belgium’s Flanders Region Geert Bourgeois said the European Investment Bank will support investment in Iran, underlining Europe’s efforts to strengthen the so-called “blocking statute” to reduce US sanctions ’ negative impacts on Iran.
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Publish Date:05/September/2018 | 05:12

Oil Surplus Vanishes Ahead of Iran Deadline

EghtesadOnline: An overhang of unsold crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to US sanctions and a new rally in prices.
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Publish Date:04/September/2018 | 24:12

Brazil to Allocate $1.2b to Boost Iran Trade

EghtesadOnline: The government of Brazil is to allocate $1.2 billion for maintaining its considerable economic and trade ties with Iran in the face of reinstated US sanctions .
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Publish Date:03/September/2018 | 07:38

NIOC in Talks With Vitol

EghtesadOnline: Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of the promised return in November of crippling US sanctions , media reported.
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Publish Date:02/September/2018 | 08:16

NIOC Crude Exports Plunge 700,000 bpd Since August

EghtesadOnline: The National Iranian Oil Company's exports have plummeted sharply since the beginning of August, as traditional customers like China, Japan and India have curtailed their purchases in view of the reimposition of US sanctions in November, a senior energy analyst said.
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Publish Date:02/September/2018 | 08:05

India Not to Zero Iran Oil Imports

EghtesadOnline: India will definitely not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the US sanctions on Tehran at a meeting with top US officials next week, a senior Indian government official with direct knowledge of the country’s oil purchasing policy told Reuters.
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Publish Date:02/September/2018 | 08:03

Iranian Government Introduces Rescue Package for Auto Industry

EghtesadOnline: A plan worked out by the administration of President Hassan Rouhani to mitigate the impact of US sanctions on Iran's economy is to provide the country's beleaguered auto sector with tax exemptions, reduced bureaucracy, and in the event of layoffs, the immediate payment of unemployment benefits.
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Publish Date:02/September/2018 | 07:56

US Dollar Abolished From Iran-Iraq Trade

EghtesadOnline: The US dollar has been completely eliminated from trade deals conducted between Iran and Iraq due to US sanctions and the neighboring countries have shifted toward the euro and national currencies, the head of Iran-Iraq Chamber of Commerce said.
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Publish Date:02/September/2018 | 04:06