EghtesadOnline: 365,543 MT of commodities worth over $181 million were traded in Iran Mercantile Exchange late June with the trading volume experienced a growth of 12% and trading value a decline of 4%.

EghtesadOnline: The Central Insurance of Iran, the regulatory body of the sector, has signed an agreement with the Iran National Innovation Fund and the Iran Biotech Development Council to launch a fund for boosting investments in insurance startups.

EghtesadOnline: O PEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June , when the market will be able to assess the full impact of US sanctions on Iran and the crisis in Venezuela.

EghtesadOnline: Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June , a person with knowledge of the data said, exceeding its production limit for the first time since brokering a deal to curb global crude supply to counter a glut.