Inflation and rising prices in Iran have lowered the number of people visiting doctors and physicians, says Iran Health Insurance Organization (IHIO). “The number of people going to hospitals or clinics have dropped by 30 […]
The Parliament has approved the budget bill for the next Iranian fiscal year, 1399. The budget assumes certain points that makes its credibility questionable. It forecasts to sell one million barrel of crude oil per […]
It’s been months that the Government and the Parliament are discussing the increase of petroleum prices. The topic, however, sounds very sensitive in Iran. Any increase in fuel prices can lead to further increase in […]
Since the return of US sanctions, some Iranian airlines had difficulties to refuel in Turkey and some international airport in this country have refused to refuel Iranian aircrafts. Taadol newspaper reports that now the trend […]
Getting closer to 4th of November, Times of India reports that the US has agreed to grant India a waiver on Iran sanctions. Since India has agreed to cut its oil import from Iran by […]
The return of sanctions will not drop Iran’s oil exports to below 1.5 million barrels a day, said Reza Padidar, Member of the Board of Directors at the Tehran Chamber of Commerce. Out of the […]
China keeps buying oil from Iran and will use the National Iranian Tanker Co (NITC) for nearly all their imports to be shipped, reports Reuters. China has recently cut its crude oil purchases from the […]
In order to keep its oil clients in Asia, Iran has started to offer cargo insurance to India, reports Reuters. Iran’s key market for oil located in Asia is under threat as the U.S. sanctions […]
The Oil Minister, Bijan Zanganeh, is imposing four-year term limits for all top oil managers at state-run energy companies, writes Bloomberg. The new rule will take place since October 2018 and it will affect the […]
More than 20 years after the establishment of the Energy Bourse, the private sector has been granted permission to take part in crude oil trade. The Government is seeking new ways to sell its crude […]
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