Striking Iranian Workers Demand Back Pay, Insurance, Better Work Environment
By Kayhan Life Staff
Iranian manufacturing, production, and service industry workers are continuing to fight for better wages, back pay, health insurance, improved work environment, and other benefits.
Given the soaring cost of food, essential goods,...
ANALYSIS – China Saves Billions of Dollars From Record Sanctioned Oil Imports
By Chen Aizhu and Muyu Xu
SINGAPORE, Oct 11 (Reuters) - China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' calculations based on data from...
Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month
By Uditha Jayasinghe
COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...
Iraq Says Iran Blames Reduced Gas Exports on ‘Technical’ Matter
BAGHDAD, May 26 (Reuters) - Iran's foreign minister told his Iraqi counterpart on Friday that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry...
Iraq to Trade Crude Oil for Iranian Gas To Settle Power Debt -PM
July 11 (Reuters) - Iraq will begin trading crude oil for Iranian gas to end the recurring issue of payment delays to Tehran due to the need for U.S. approval, Iraqi Prime Minister Mohammed Shia Sudani said...
Iraq-Iran Gas-For-Oil Barter Would Likely Violate US Sanctions
By Arshad Mohammed
WASHINGTON, July 14 (Reuters) - A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting...
Iran’s Food and Drug Prices Have Tripled Since 2020
By Kayhan Life Staff
Iranian households, particularly those living in major metropolitan areas and cities, are struggling with food and medicine shortages, and increasing prices of goods.
According to the latest reports, the Consumer price index...
Iran Says Oil Exports Surpass Exceed Daily Targets
DUBAI, Aug 13 (Reuters) - Iran's oil exports have surpassed the government's 1.4 million barrels per day target, the head of Iran's Plan and Budget Organisation said on Sunday, according to the semi-official Tasnim news agency.
"Based on Iran's...
Russian-Backed Union Signs Free Trade Pact With Iran
MOSCOW, Dec 25 (Reuters) - Members of the Russian-led Eurasian Economic Union (EEU) have signed a fully-fledged free trade agreement with Iran, Russia's economy ministry and the EEU said on Monday.
The agreement will become permanent and replace...
Iran Ramps up Oil Production
DUBAI, Nov 21 (Reuters) - Iran's oil production should reach 3.6 million barrels per day by March 20, 2024, Iran's oil minister Javad Owji said on Tuesday according to semi-official Tasnim news agency, up from the current level of...