Saturday, April 27, 2024

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...

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...

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...

Gender Inequality in Iran Worsens; Female Unemployment On the Rise 

By Kayhan Life Staff There is an increasing gender gap in Iran’s labor market, with  women's share of the workforce significantly smaller than men’s, and female unemployment on the rise, according to data from the...

Saudi Arabia Could Invest in Iran ‘Very Quickly’ After Agreement – Minister

By Rachna Uppal RIYADH, March 15 (Reuters) - Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties. "There are a lot of opportunities for...

Iran’s Currency Slides to Record Low As Savers Buy Dollars

DUBAI, Feb 25 (Reuters) - Iran's rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about inflation and...

China Pulls Out of Oil Deal with Iran

By Kayhan Life Staff China Petroleum and Chemical Corporation (Sinopec) has pulled out of the Yadavaran Oil Field project in the southwestern province of Khuzestan, according to Hamid Hosseini, the director of the Iranian Oil,...

EXCLUSIVE-Iran’s Government To Start Revamp at Venezuela’s Largest Refining Complex Within Weeks – Sources

By Mircely Guanipa PUNTO FIJO, Venezuela, Feb 3 (Reuters) - State firms from Iran and Venezuela will start in the coming weeks a 100-day revamp of the South American nation's largest refining complex to restore its crude...

Tehran Interested in Trade With Taliban– Minister

By Mohammad Yunus Yawar KABUL, Jan 2 (Reuters) - The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over...

ANALYSIS-Iraqi PM Walks Diplomatic Tightrope in Crackdown on Dollars Smuggled to Iran

By Ahmed Rasheed BAGHDAD, Jan 23 (Reuters) - Under pressure from Washington to stem the flow of dollars into Iran, Iraq's prime minister sent elite counter-terrorism forces more accustomed to battling Islamist militants to shut down dealers smuggling...