CBI Governor: Iran’s Economy Making Progress Despite US Sanctions
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati in an Instagram post said despite the United States' growing sanctions against against Iran, his nation's economy is moving forward in areas of trade, including both oil and non-oil exports.
“Brian Hook: Iran’s oil exports reached 120,000 barrels per day,” Hemmati wrote on his Instagram page.
The CBI governor noted that the US has imposed new sanctions on imports and exports in construction sector, adding that the US together with 6 regional states has sanctioned 25 individuals or entities.
In relevant remarks earlier, Iranian Foreign Minister Mohammad Javad Zarif advised Americans to abandon failed policies, saying Iranians will never submit to bullying.
“Subjecting construction workers to #EconomicTerrorism only manifests maximum failure of 'maximum pressure',” Zarif tweeted on Friday.
"US can sanction every man, woman & child but Iranians will never submit to bullying," he added.
He noted, "Rather than dig itself deeper, US should abandon failed policies & return to #JCPOA."
Spokesperson for the United States Department of State Morgan Ortagus announced earlier that the US is increasing maximum pressure on the Iranian government by targeting Iran’s construction sector.
She claimed that Iran’s construction sector is controlled by the Islamic Revolution Guard Corps (IRGC).
Ortagus also threatened anyone who sells, supplies, or transfers covered materials to Iran’s construction sector to face mandatory sanctions.
source: Fars News
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
