Iran has slashed the amount of natural gas it exports to Iraq and threatened further cutbacks over unpaid bills, increasing the likelihood of more electricity shortages in Baghdad and other major cities.
The U.S. State Department last week sanctioned Vietnam Gas and Chemicals Transportation Corporation, a vessel manager, as well as Vo Ngoc Phung, the firm’s managing director, for engaging in a significant petroleum transaction after Nov. 5, 2018, ...
Iran has stated its interest in attracting investments from Russian oil companies to help develop its oilfields, Russia’s TASS news agency said on Monday, quoting Iranian Oil Minister Bijan Zanganeh.
Following the World Health Organization (WHO)’s approval for the Covid-19 vaccine, governments prioritize purchasing this magical elixir to contain the health crisis. In the past week, thousands of people in different countries received vaccine shots, and media ...
In Iran, basic goods have now soared above levels that we would consider normal for luxuries, which means that the vast majority of people are unable to make ends meet.
Iran’s state-run outlets acknowledge that one of the ongoing disputes in the media is about the budget structure and its reforms. Bijan Abdi one of the governmental economists criticizing the present situation said:
A French daily newspaper, founded by the famous philosopher Jean-Paul Sartre in 1973, is the latest to join the ignoble list of so-called left-wing media organs to demonize the main Iranian democratic opposition movement.
With the coming of the Persian New Year in late March, the government of Hassan Rouhani recently presented Iran’s 2021 budget bill to the parliament. The bill, proposed to parliament on December 2 by Iran’s Vice-President, Hossein-Ali ...
Iran's government presented a draft state budget of about $33.7 billion to parliament on Wednesday, promising less reliance on oil revenues and higher growth despite U.S. sanctions that have crippled the Islamic Republic's economy, Iranian media reported. ...
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