Iraqi Prime Minister Mustafa Al-Kadhimi announced the groundwork for launching Saudi investments in Iraq, however the announcement was met with widespread rejection among Iran-backed Shia political circles and armed factions who expressed serious doubts about Saudi Arabia’s intention.
The Iranian and Panamanian-flagged vessels seized by Indonesian authorities for suspected illegal oil transfers are making their way to dock at Batam island in the country’s Riau Islands Province for further investigation, a Indonesia coast guard spokesman told Reuters.
Indonesia said on Monday it would be investigating Iranian and Panamanian tankers it had seized over suspicion of illegally transferring oil in its waters.
Iran’s Deputy Oil Minister Amir Hossein Zamaninia said the country has started boosting its oil production and will be able to reach pre-sanction levels within two months.
Speaker of the Iranian Parliament Mohammad Baqer Qalibaf and Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu discussed ways for closer cooperation between Tehran and Beijing in various fields, reports Iran’s IRGC-linked Tasnim News Agency.
Indonesia says it has seized an Iranian tanker and Panamanian vessel suspected of illegally transferring oil in the Southeast Asian nation’s waters.
The Iranian Parliament (Majlis) announced in December its plan to force the world to lift international sanctions, which would justify and legalize nuclear extortion.
Top officials from Iran and Armenia signed an agreement in Tehran to enhance trade cooperation between the two neighbors.
On Tuesday and Wednesday, hundreds of people gathered outside the SEO building in Tehran. They protested the regime’s role in the sudden collapse of the Tehran Stock Exchange. Iran’s Stock Exchange has finally burst.
According to a state-run daily the more than two million Iranian stock market investors who lost their savings in the stock market will “riot” if their demands are not met.
India hopes it could diversify its oil suppliers under the new U.S. Administration that could relax restrictions on oil exports from Iran and Venezuela, India’s Oil Minister Dharmendra Pradhan told Bloomberg TV in an interview.