NEW DELHI (Reuters) - Iran’s foreign minister said on Tuesday the European Union was moving more slower than expected in facilitating non-dollar trade with Tehran to circumvent U.S. sanctions, forcing it to … [Read more...]
Iran Bracing for Economic Contraction As Oil Exports Crumble
Iran’s Parliament Research Center is predicting negative growth for Iran in the current fiscal year that ends March 20 due to its falling exports, Radio Farda reported on Friday. The economic contraction could … [Read more...]
EU’s top diplomat: EU-Iran trade vehicle could be ready by year-end
BRUSSELS (Reuters) - The European Union’s foreign policy chief said on Monday a system to facilitate non-dollar trade with Iran and circumvent U.S. sanctions could be in place by year’s end. … [Read more...]
As US sanctions keep Western businesses out of Iran, China seizes the opportunity
Every watch in his store — and most of those sold by his competitors — come from one place, and it’s not Iran. It’s China. Kishavarzi sells everything from knock-off Rolexes to nothing-fancy, off-brand … [Read more...]
Iran pushes to retain Asia oil buyers as possible U.S. sanctions loom
SINGAPORE (Reuters) - Iran is pushing to retain customers for its oil in Asia, hoping that price reductions will boost the appeal of its crude compared with other Middle Eastern supply even as the potential … [Read more...]
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