The governor of the Central Bank of Iran (CBI) announced that €5.573 billion of the country’s frozen assets has been unblocked.
News ID: 11174 Publish Date : 2023/09/19
Iranian domestic billet prices have witnessed an acute drop this week. The billet prices have fallen by IRR 8,800/kg, W-o-W. As a result of this event, the country’s finished steel prices are also witnessing the drop.
News ID: 8614 Publish Date : 2020/03/03
The remaining signatories to the landmark nuclear deal between Iran and six world powers, formally known as the Joint Comprehensive Plan of Action, announced in a statement that the EU mechanism for trade with Iran is up and running.
News ID: 4929 Publish Date : 2019/06/29
Economy Minister Farhad Dejpasand asserted that Iran’s economic cooperation with other countries is growing, reassuring that US plots against the country’s economy will not get realized.
News ID: 3168 Publish Date : 2019/01/05
The awaited European Union’s promise to establish the Special Purpose Vehicle (SPV) for carrying out financial transactions with Iran has not been put into place, Head of Iranian Parliament's Research Center Kazem Jalali said on Saturday, adding that EU’s procrastination is undermining public trust in Europeans.
News ID: 2937 Publish Date : 2018/12/16
The European Union is going to just use the euro in the financial transactions of all European oil deals with other countries, Iranian Vice-President Ali Akbar Salehi broke the news, affirming that the bloc will ditch US dollar in its all oil contracts.
News ID: 2842 Publish Date : 2018/12/08
The 121st summit of the International Maritime Organization (IMO) voiced support for Iran and strongly requested the US and other members to avoid any action that would jeopardize security and safety of navigation and free international shipping.
News ID: 2704 Publish Date : 2018/11/24
Deputy secretary of the US Treasury, Sigal Mandelker, announced that SWIFT had cut-off Iranian financial institutions targeted by the US sanctions, Sputnik reported.
News ID: 2604 Publish Date : 2018/11/14
Iranian Oil Minister Bijan Zangeneh underlined that US waivers to several countries to exempt them from a ban on the supply of crude from Iran wouldn't be enough to cool down rising prices, reiterating that the ban will result in a sharp rise in the commodity's prices.
News ID: 2539 Publish Date : 2018/11/08
Iranian Ambassador to London Hamid Baeidinejad said on Wednesday that a large number of international institutes have foreseen a rising trend for Iran's oil exports.
News ID: 2538 Publish Date : 2018/11/08
The Belgium-based SWIFT financial messaging service said it is suspending some unspecified Iranian banks’ access to its messaging system following the US resumption of sanctions on Iran.
News ID: 2516 Publish Date : 2018/11/07
Governor of the Central Bank of Iran Abdonnaser Hemmati explained about the CBI’s measures to counter the new round of US sanctions imposed on the Islamic Republic.
News ID: 2515 Publish Date : 2018/11/07
Sanctions on Iran’s banks, oil exports, ships and ports, lifted in 2015 as part of a nuclear weapons agreement that Trump abandoned in May, will be reimposed on Monday. But it is not clear whether those banks would be allowed to participate in the Society for Worldwide Interbank Financial Telecommunication, or Swift.
News ID: 2495 Publish Date : 2018/11/05
European diplomats say enhanced US financial sanctions against Iran could force the rest of the world to create alternative banking systems that would undermine the long-time dominance of the US dollar.
News ID: 2470 Publish Date : 2018/10/29
The European Union plans to invite Russia and China to join a future alternative payment network to the global financial service provider SWIFT to circumvent the US sanctions on Iran, Russian Ambassador to the European Union Vladimir Chizhov said.
News ID: 2455 Publish Date : 2018/10/26
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi said excluding Iran from the global oil market could have “serious effects” on oil prices.
News ID: 2340 Publish Date : 2018/10/03