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Oil Product Exports From Iran Strong

EghtesadOnline: While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports, its oil product sales remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
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Publish Date:03/September/2019 | 10:06

OPEC Posts First Oil Output Rise in 2019 Despite Saudi Cuts

EghtesadOnline: OPEC oil output increased in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by US sanctions on Iran, a Reuters survey found.
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Publish Date:01/September/2019 | 09:26

Iranian Child Cancer Patients Hit by US Sanctions

EghtesadOnline: Learning your child’s cancer has come back, adding to the agony, the cocktail of drugs four-year old Mahdi needs to stay alive simply isn’t available. His mom says Mahdi is her only child, conceived after 13 years of trying.
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Publish Date:25/August/2019 | 11:17

Caspian States Urged to Boost Economic Cooperation

EghtesadOnline: Iran on Monday called on the Caspian Sea littoral states to intensify efforts to boost cooperation, particularly in the fields of economy and environment, and offered to help achieve this goal despite US sanctions .
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Publish Date:13/August/2019 | 11:50

Carmakers Taken to Task for Iran Exit

EghtesadOnline: Iranian parliamentarians have harshly criticized foreign automotive companies over their “lack of commitment” and for terminating their operations in Iran in the face of US sanctions .
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Publish Date:13/August/2019 | 11:29

Iran's Energy Ties With Iraq Unimpeded

EghtesadOnline: The unilateral US sanctions on Iran have not affected relations between Iraq and Iran, as trade ties in key sectors between the two neighbors continue as usual, Iraq's ambassador to Tehran said.
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Publish Date:11/August/2019 | 10:40

Banking on Private Enterprise

EghtesadOnline: Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in to empower private companies, said the CEO of state-owned Bank Melli Iran.
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Publish Date:04/August/2019 | 24:29

Iran: Time to Go After Rogue Taxpayers

EghtesadOnline: At a time when the country is grappling with new US sanctions and extraordinary economic challenges, reports speak about billions in pending taxes, which if paid can go a long way in plugging the government’s budget deficits.
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Publish Date:29/July/2019 | 11:08

Iraq Fears US Sanctions on Iran Will Affect Imports

EghtesadOnline: Iraq and Iran are neighbors: Around $25 million worth of Iranian goods enter Iraq every day. But it is not clear what will happen when a three-month US waiver that allows Baghdad to trade with Tehran expires.
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Publish Date:28/July/2019 | 11:50

China Taking Iran Oil

EghtesadOnline: China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation.
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Publish Date:27/July/2019 | 24:17

GitHub Bans Iran-Based Users

EghtesadOnline: US-based code repository GitHub has curbed access for users from Iran citing US sanctions against the country.
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Publish Date:27/July/2019 | 11:54

Iran Oil Ministry Getting a Raw Deal

EghtesadOnline: The Oil Ministry is at the forefront of fighting the US sanctions , but some power circles criticize it under the name and banner of protecting national interest.
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Publish Date:17/July/2019 | 11:47

Abolition of US Sanctions Can Pave Way for Diplomacy

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said on Monday his country does not want a war, but said US President Donald Trump must lift harsh economic sanctions on Tehran to clear the way for negotiations.
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Publish Date:17/July/2019 | 11:41

US Sanctions Slash PSA’s MENA Sales

EghtesadOnline: PSA Group’s sales in the Middle East and North Africa plunged 68.4% in the first half of 2019, punished by the automaker’s forced withdrawal from Iran under the threat of US sanctions .
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Publish Date:16/July/2019 | 10:24

OPEC Output Hits Five-Year Low

EghtesadOnline: OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a Reuters survey found.
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Publish Date:07/July/2019 | 11:22

Iran, EU Testing Payment Mechanism

EghtesadOnline: The Special Trade and Finance Institute, the Iranian special trade mechanism set up to reciprocate the European Instrument in Support of Trade Exchange (INSTEX), is testing the payment channels for the import and export of goods, according to the CEO of the institute.
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Publish Date:07/July/2019 | 11:04

INSTEX Worthless Without Oil Import

EghtesadOnline: The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales, Iran’s oil minister said.
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Publish Date:06/July/2019 | 24:00