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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

Renault, PSA in Marathon Talks to Maintain Iran Operations

EghtesadOnline: French carmakers, PSA Group and Renault, through talks with their Iranian counterparts and local and foreign authorities, are deliberating over ways to remain in Iran’s market in spite of looming US sanctions .
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Publish Date:01/July/2018 | 13:36

Middle East Customers Book Iranian Billet

EghtesadOnline: Customers from the Middle East continued to show interest in Iranian billet despite the high likelihood of United States sanctions, with several cargoes booked over the past week.
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Publish Date:30/June/2018 | 24:17

Experts Say Chinese Firms Will Stay in Iran Despite US Threats

EghtesadOnline: Chinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following reports that the US demanded China and other countries cease imports of crude oil from Iran.
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Publish Date:30/June/2018 | 24:15

India to Revive Rupee Payment for Iran Oil Imports

EghtesadOnline: India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing foreign channels to pay Tehran might choke under pressure from US sanctions , two government sources said.
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Publish Date:24/June/2018 | 08:55

Iran’s Derailed Auto Market Getting Back on Track

EghtesadOnline: Iran's auto market was last month watched in astonishment by jittery customers and bewildered citizens in the face of skyrocketing prices. In order to redress the volatile situation and put in check the spiraling uptrend which had driven car prices to unprecedented highs, the country's two largest carmakers launched extensive sales of vehicles in the past few days.
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Publish Date:24/June/2018 | 08:49

Japan Could End Iran Oil Loading

EghtesadOnline: Japan's oil refiners may have to end Iranian crude oil loading from Oct. 1, if the Japanese government does not secure an exemption from US sanctions that would allow them to continue imports from the Middle Eastern nation, the president of the Petroleum Association of Japan said
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Publish Date:23/June/2018 | 10:30

Turkey Worries Over Impact of Anti-Iran Sanctions

EghtesadOnline: Turkey’s Economy Minister Nihat Zeybekci said his country “will continue to trade with Iran as much as possible and will not answer to anyone in this regard”.
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Publish Date:23/June/2018 | 06:37

Rouhani: Private Sector Could Help Nullify US Sanctions

EghtesadOnline: President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of the National Development Fund of Iran–the country’s sovereign wealth fund.
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Publish Date:29/May/2018 | 24:35

Iran slams U.S. sanctions push, Syria rejects idea of Iranian withdrawal

EghtesadOnline: Iran on Wednesday kept up a drumbeat of opposition to U.S. demands for sweeping change in its foreign policy and nuclear program, and Tehran’s ally Damascus dismissed out of hand a U.S. call for a withdrawal of Iranian forces from Syria.
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Publish Date:23/May/2018 | 10:50