The Trump administration on Monday sanctioned Venezuela’s state-owned oil company, ratcheting up pressure on socialist President Nicolas Maduro to cede power to the US-backed opposition in the oil-rich nation in South America. US Hits Venezuela with Oil Sanctions to Pressure Maduro The action means Maduro’s embattled government would lose access to one of its most […]
Cosmo Oil has started loading its first Iranian crude oil cargo, the latest Japanese refiner to resume import of Iranian oil more than two months after the US sanctions waiver was granted, a source with direct knowledge of the matter told S&P Global Platts Monday. The VLCC Jin-Ei commenced loading 850,000 barrels of Iranian crude […]
Administrators of the Office of Islamic Propagation affiliated with Qom Seminary School (Hawza) met with the Leader of the Islamic Revolution, Ayatollah Khamenei. During the meeting with the administrators of the Office of Islamic Propagation, Ayatollah Khamenei regarded as an important duty of the office to answer the enquiries and intellectual needs of the youth, […]
Iranian Foreign Minister Mohammad Javad Zarif voiced the country’s readiness to implement joint projects with neighboring Turkmenistan in the Caspian Sea. In a Sunday meeting with Turkmen Deputy Foreign Minister Vepa Hajiyev in Tehran, Zarif highlighted the great importance that Iran attaches to bilateral ties with Turkmenistan, which he described as one of the closest […]
In its latest statistics, the Ministry of Industry, Mine and Trade announced that exports of non-oil products in the country turned 86 fold since the glorious victory of the Islamic Revolution up to the last Iranian calendar year (ended March 20, 2018). The ministry put the Iranian export of non-oil products in the last Iranian […]
A leading Lebanese paper said after 4 years of King Salman’s ruling over Saudi Arabia, political executions and unemployment have increased in the country and his reforms have proved fruitless. RNA – The Arabic-language al-Akhbar newspaper reported on Saturday that nearly 50 young men have been killed by the Saudi security forces in residential areas […]
Iranian First Vice-President Es’hagh Jahangiri said that If Iran had not operated in Syria, ISIL terrorists would have now formed a government and would have power in the region. He made the remarks Sunday at the 10th Farabi International Award in Tehran. Jahangiri went on to say that the United States has started an economic […]
Facebook is under fire again over newly released documents that show an apparent pattern of exploiting minors for their parents’ money. More than 100 pages of documents released on Thursday night, part of a 2012 lawsuit, show that Facebook was aware children spent large sums of money on game apps without parental consent. The suit […]
The average annual inflation gap measured by the Statistical Center of Iran between the first income decile (those with the lowest income) and the 10th decile (those with the highest income) increased 0.3% to reach 2.7% in the Iranian month Dey (Dec. 22, 2018-Jan. 20) compared with the previous month’s 2.4%. The average goods and […]
The performance of Iran’s real economy was weaker than expected in the first half of the current fiscal year (March 21-Sept. 22, 2018), a report by the research arm of Iranian Parliament reads. While the government’s operating and capital expenditure as well as private sector investment remained almost unchanged at the nominal level, the rise […]