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Indo-Iran Trade Transactions at Crossroads After US Sanctions

EghtesadOnline: The unilateral sanctions the US is anticipated to reimpose on Iran in August and November have made the situation worse for India, as oil imports from Tehran are expected to become more complicated and difficult.
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Publish Date:26/June/2018 | 05:05

Looming Sanctions Halt Italy’s Growing Business in Iran

EghtesadOnline: From its headquarters in Calabria, the poorest, least-developed region in Italy, Gruppo Ventura looked out on the world and spotted a potentially lucrative growth opportunity: Iran.
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Publish Date:24/June/2018 | 04:32

Key Economic Figures Debate Iran’s Financial Condition

EghtesadOnline: Ongoing currency issues and the prospect of US reimposition of sanctions took a back seat on Tuesday at the annual Conference on Monetary and Foreign Exchange Policies in Tehran.
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Publish Date:23/June/2018 | 06:54

Iran to Issue Oil Bonds

EghtesadOnline: Iran will issue bonds in the coming months to fund oil projects, the head of Securities and Exchange Organization said on Tuesday, a month after the United States withdrew from a nuclear deal and said it would reimpose unilateral sanctions.
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Publish Date:20/June/2018 | 14:16

Int'l Oil Consortium to Stay

EghtesadOnline: Amid a growing number of companies preparing to leave Iran as US sanctions kick in, an international oil and gas consortium has announced it will stay in the country.
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Publish Date:20/June/2018 | 14:12

Indian Oil Imports From Iran Surge to Highest Since 2016

EghtesadOnline: India’s oil imports from Iran surged to about 705,000 barrels per day in May, their highest level since October 2016, according to data from shipping and industry sources, despite the threats of fresh US sanctions .
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Publish Date:20/June/2018 | 14:07

South Korea's May Iran Crude Imports Decline

EghtesadOnline: South Korea’s Iranian crude oil imports fell in May to their lowest since January 2016, as South Korean buyers sought to reduce purchases of Iranian oil amid new US sanctions on Iran.
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Publish Date:20/June/2018 | 14:06

Most French Firms ‘Won’t Be Able to Stay’ in Iran

EghtesadOnline: Most French companies hoping to keep doing business in Iran after the US imposes new sanctions on the country will find it impossible to do so, France’s Finance Minister Bruno Le Maire said on Tuesday.
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Publish Date:20/June/2018 | 05:07

Iran to Increase Exports to US Despite Sanctions

EghtesadOnline: A senior Iranian trade official has announced that the country is trying to find ways to boost its exports to the US, despite the threat of sanctions after Washington’s withdrawal from the nuclear deal.
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Publish Date:19/June/2018 | 05:51

Foreign Mining Firms Prefer Low profile in Iran

EghtesadOnline: Foreign mining companies still present in Iran are trying to stay under the radar over the fear of falling foul of US sanctions against the Islamic Republic, a senior manager at Iran’s largest mining holding, Iranian Mines and Mining Industries Development and Renovation Organization, said.
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Publish Date:19/June/2018 | 05:42

Germany Sets Up Iran Advice Office for Companies

EghtesadOnline: The German government has set up a special office to advise companies worried about their business dealings with Iran amid fears they will be targeted for US sanctions .
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Publish Date:17/June/2018 | 06:33

Asia’s Hidden Exposure to Anti-Iran Sanctions

EghtesadOnline: Asian economies are even more exposed than it seems to the economic impact of the US withdrawal from the multilateral nuclear agreement with Iran.
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Publish Date:17/June/2018 | 05:56

Iranian Insurers Resilient to US Sanctions

EghtesadOnline: Capital Intelligence, the international credit rating agency, has released its key report on the Iranian insurance market, reviewing the latest development in the wake of the US unilateral move to exit the Iran nuclear agreement last month.
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Publish Date:17/June/2018 | 05:54

Iran's First Crude Shipment to Chile in 16 Years

EghtesadOnline: An oil tanker hauling Iranian crude is making the first delivery to Chile in at least 16 years, a sign the Persian Gulf country may be seeking out new customers for its oil in the face of renewed US sanctions .
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Publish Date:10/June/2018 | 09:39

Pergas Says Ready to Replace Companies Leaving Iran Oil Industry

EghtesadOnline: Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of months after Donald Trump withdrew from the country's nuclear deal with world powers, the company's managing director said.
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Publish Date:10/June/2018 | 09:38

Iranian Official: Civil Aviation to Survive US Sanctions

EghtesadOnline: Iran’s civil aviation industry will survive any unfair sanctions imposed on the industry, said the spokesman of Iran’s Civil Aviation Organization in reaction to US administration’s Thursday decision on imposing sanctions on several Iranian and Turkish entities due to claims of links with four Iranian airlines.
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Publish Date:27/May/2018 | 24:31

Turkey Determined to Protect Companies From US Sanctions

EghtesadOnline: Turkey will take every initiative to protect its companies from US sanctions , Ankara’s Foreign Ministry spokesman said on Friday, a day after the United States imposed sanctions on several Iranian and Turkish companies in a move targeting Iranian airlines.
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Publish Date:27/May/2018 | 24:24

Venezuela expels U.S. envoys in response to sanctions

EghtesadOnline; President Nicolas Maduro on Tuesday ordered the expulsion of two top U.S. diplomats in Caracas in retaliation for a new round of sanctions over Venezuela’s widely-condemned election, accusing them of a ‘conspiracy’ that was denied by the State Department
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Publish Date:23/May/2018 | 10:58