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        16 November 2018 - Friday - 8 Rabi al-Awwal 1440 | 16/11/2018 (38) 15/11/2018 (43) 14/11/2018 (40) 13/11/2018 (41) 12/11/2018 (53) Total: 144,608 content        Facebook Twitter Youtube

Economy

16 November 2018 7:45

  The United States has turned its currency into a "weapon" and is using it to challenge the sovereignty of European nations, a senior Iranian official says. “Dollar has become a weapon for the United Sates to force its illegitimate demands upon its European partners, practically challenging their national sovereignty," Iranian Deputy Foreign Minister for Political Affairs Abbas Araqchi said on Thursday. Araqchi made the...

15 November 2018 18:53

  Market figures in Iran show the prices of the US dollar and gold – two key drivers of consumer prices - have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.  The prices of the US dollar against the Iranian Rial saw a...

15 November 2018 16:17

Market figures in Iran show the prices of the US dollar and gold – two key drivers of consumer prices - have been declining over the past week in what is seen as a clear defiance against earlier predictions that sanctions could trigger a price shock in the country.  The prices of the US dollar against the Iranian Rial saw a...

15 November 2018 7:50

  Iraq has rejected a US deadline to stop importing Iranian gas, warning that any halt to the supplies would create a real power crisis which sparked several days of unrest in Basra and elsewhere this summer. “Stopping Iranian gas after the deadline will create a real power crisis. We need more time … the Americans are completely aware of how desperately we...

14 November 2018 17:11

Tehran’s envoy to the UK says the US has failed to rally the world community behind its new sanctions against Iran, and that the Islamic Republic possesses “enough leverage” to keep its oil sales going despite US attempts to reduce them to “zero.” In the face of American sanctions, “we have lots of alternatives because we have had some experiences from...

12 November 2018 14:36

Iran on Sunday went ahead with a second public sale of its light crude oil to international clients through its Energy Bourse in a policy meant to dodge US sanctions and sell the strategic fuel to direct buyers.   The National Iranian Oil Company (NIOC) had put 700,000 barrels of light oil up for grabs at a proposed price of $65.22...

11 November 2018 16:41

  Iran on Sunday went ahead with a second public sale of its light crude oil to international clients through its Energy Bourse in a policy meant to dodge US sanctions and sell the strategic fuel to direct buyers.   The National Iranian Oil Company (NIOC) had put 700,000 barrels of light oil up for the grabs at a proposed price of...

11 November 2018 16:32

Three buyers placed their bids when the 700,000 barrels of crude were offered for sale in the international ring of the Iran Energy Exchange (IRENEX). They were sold at a price of $64.97 a barrel, in three deals. During the first stage, Iran had sold 280,000 barrels of crude in the stock exchange on October 28. In July, Iranian Vice President Eshaq Jahangiri said...

11 November 2018 10:59

  Iranian Economy Minister Farhad Dejpasand downplayed the effects of the US new sanctions on his country, saying that Tehran has gained lots of experience in bypassing and coping with embargos in past decades. "Living through sanctions conditions is not difficult. We have become experienced in the past 40 years in confronting sanctions," Dejpasand told reporters in Tehran on Saturday. He noted that...

10 November 2018 14:09

  There are 218 hectares of lands dedicated to solar power plants in Hamedan to turn Iran’s midwestern province into a pioneer in producing electricity via clean solar energy, said Deputy of Natural Resources and Watershed Management of Hamedan Province. The province’s suitable sun angle and its 200 annual sunshine days have made it a suitable place for solar power plants, said...

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