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US renews sanctions waivers for China, IndiaThe US State Department on Wednesday renewed six-month waivers on Iran sanctions for China, India and seven other economies in exchange for their agreeing to reduce purchases of oil from Iran. More… |
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Iran oil exports hit decades-low on sanctionsWestern sanctions drove Iran's crude exports to the lowest in decades in May, according to industry sources and tanker-tracking data, even before Washington toughens measures aimed at squeezing oil sales further. Crude shipmen More… |
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US targets Iran with currency, auto-sector sanctionsThe United States on Monday ratcheted up its efforts to isolate Iran for its suspected nuclear weapons programme, targeting Tehran with currency and auto-sector sanctions. More… |
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US imposes sanctions on Iran's petrochem industryThe United States has blacklisted eight companies in Iran's petrochemical industry, sending a warning to the Islamic Republic's global customers as Washington strives to cut off funds to the country's More… |
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Iran ‘ready’ for nuke talks with world powersIran is prepared to pursue nuclear diplomacy with world powers before or after next month's presidential election in the Islamic Republic, its chief negotiator said on Thursday. Saeed Jalili, who is also a candidate in the pre More… |
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Sanctions help stoke Iran property boomThe Iranian property developer leant back in his chair, drew hard on a shisha pipe and looked down at photographs of a Tehran apartment block on his tablet computer. "I designed it myself," he said proudly as he blew a c More… |
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Iran faces fresh trade heat as more shippers exitForeign container shipping lines are giving up on Iranian business ahead of new US sanctions in July, dealing a further blow to Tehran's vital seaborne trade. Iran's economy is already reeling from the effect of measures i More… |
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Iran faces fresh trade heat as more shippers exitForeign container shipping lines are giving up on Iranian business ahead of new US sanctions in July, dealing a further blow to Tehran's vital seaborne trade. Iran's economy is already reeling from the effect of measures i More… |
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Iran fuel sales soar to $600m despite sanctionsIran exported nearly 8.7 million barrels of fuel oil in April, or about 300,000 barrels per day (bpd), an increase of more than five-fold from a year-ago, according to traders and data from Thomson Reuters Oil Analytics. The April More… |
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Trade allies throw lifeline to Iran's steel sectorChina, Russia and Kazakhstan are among the few trade allies still providing a lifeline to Iran's vital steel and iron ore sector after most Western suppliers and buyers have cut ties due to growing sanctions pressure, said experts. More… |
