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Turkey Affirms Iran’s Economic Importance Amid US Sanctions

EghtesadOnline: Iran is an important neighbor of Turkey, Turkish diplomatic sources said on Friday during a meeting with American officials to defend their country’s interests against the looming reimposition of US sanctions on Iran.
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Publish Date:22/July/2018 | 05:04

Japan to Toe US Line, Stop Iranian Oil Imports

EghtesadOnline: Japanese oil distributors are preparing to stop importing Iranian crude oil in line with US demands, which come with threats of sanctions against companies that refuse to comply.
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Publish Date:21/July/2018 | 10:58

India Says Iran Economic Ties Not Affected by US Sanctions

EghtesadOnline: Less than three weeks before the first wave of US sanctions against Iran kicks in, India on Wednesday made it clear that its bilateral relations with Tehran stand on their own and will not be influenced by its ties with any third country.
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Publish Date:21/July/2018 | 08:51

EIB Casts Doubt on European Plan to Salvage Nuclear Deal

EghtesadOnline: The European Investment Bank’s global operations would be put at risk if it were to invest in Iran, its president said on Wednesday, casting doubt on the EU’s ability to deliver on its pledge to save a nuclear deal with Tehran that Washington has abandoned.
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Publish Date:21/July/2018 | 06:25

Majlis Think Tank Calls for Regulating Cryptocurrency

EghtesadOnline: The research arm of Iran's Parliament has conducted a study on cryptocurrencies, advising a host of decision-making bodies to join forces and employ the potentials of digital money and blockchain technologies through constructive regulations to foster the economy and circumvent US sanctions .
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Publish Date:21/July/2018 | 06:23

Russia, Kazakhstan Slash HRC Exports to Iran

EghtesadOnline: Russia and Kazakhstan are temporarily stepping back on sales of hot-rolled steel coils to Iran partly over the prospects United States reimposing sanctions on Tehran in August, steel traders said.
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Publish Date:21/July/2018 | 06:12

Iran Oil Exports Could Shrink

EghtesadOnline: Iran’s oil exports could fall by as much as two-thirds by the end of the year because of new US sanctions , putting oil markets under huge strain amid supply outages across the world.
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Publish Date:18/July/2018 | 24:54

Treasury Secretary: US to Mull Iran Waivers

EghtesadOnline: The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran to avoid disrupting global oil markets while reimposing sanctions against Tehran, US Treasury Secretary Steven Mnuchin said.
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Publish Date:18/July/2018 | 24:53

EU to Protect Firms in Iran Following US Refusal to Grant Waivers

EghtesadOnline: EU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the US administration has rejected calls by Brussels for an exemption from sanctions.
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Publish Date:18/July/2018 | 11:43

US Rejects European Bid for Iran Waivers

EghtesadOnline: US Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin rejected a request from European leaders for broad-based waivers from sanctions the US will reimpose on countries that do business with Iran after US President Donald Trump backed out of the 2015 nuclear accord.
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Publish Date:15/July/2018 | 04:28

Government Approves Iranian Bank Branch in Mumbai

EghtesadOnline: Just weeks before US reimposes sanctions on Iran, the Indian government has approved a proposal from Iranian private lender Bank Pasargad to open a branch in Mumbai.
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Publish Date:15/July/2018 | 04:13

Iran Railroad Projects Endure Despite Sanctions

EghtesadOnline: Iran’s rail sector could be named the top beneficiary of the nuclear deal the country signed with world powers in 2015, as it has managed to considerably improve its performance in the past three years.
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Publish Date:15/July/2018 | 04:11

Tehran Assures New Delhi of Adequate Crude Supply

EghtesadOnline: Iran will take care to supply India with all the oil it needs, the country’s embassy in India said, a day after its deputy ambassador threatened that Iran could turn the tap off if India cut back on Iranian oil under the pressure of US sanctions .
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Publish Date:14/July/2018 | 13:02

Iran Vows to Sell Oil Despite US Sanctions

EghtesadOnline: Iran’s vice president acknowledged on Tuesday that US sanctions would hurt the economy, but promised to “sell as much oil as we can” and protect banking.
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Publish Date:11/July/2018 | 13:08

Tehran Game Convention, a Big Draw for Int’l Players

EghtesadOnline: The second round of the Tehran Game Convention (TGC 2018) came to a close on July 6 after hosting a diverse range of local and mostly foreign prominent speakers, industry players, promoters and enthusiasts, most of whom could not care less about reimposition of US sanctions against Iran.
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Publish Date:11/July/2018 | 13:00

French Shipping Firm CMA CGM Ends Iran Operations

EghtesadOnline: French shipping group CMA CGM has decided to pull out of Iran following the US administration’s decision to renew sanctions on companies operating in the country, its chief executive said on Saturday.
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Publish Date:10/July/2018 | 06:58

Germany Says Full Compensation for Firms Leaving Iran Not Possible

EghtesadOnline: Germany’s foreign minister said on Friday world powers would not be able to fully compensate for companies leaving Iran due to new US sanctions , but warned Tehran that abandoning its nuclear deal would cause more harm to its economy.
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Publish Date:07/July/2018 | 24:40