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India allowed its state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms, including the country’s top shipper Shipping Corp of India (SCI) (SCI.NS) halted voyages to Iran due to the re-imposition of the US sanctions, media reports said. New Delhi is attempting to keep Iranian oil flowing mirrors a step […]
Iranian Deputy Minister of Industry, Mine and Trade Sadegh Najafi said on Sunday that following the provision of supporting packages by the government in the last year, 340 small industries re-opened in the past 3 months. “۳۴۰ small industrial units closed after the Islamic Revolution opened in the last 3 months and got back into […]
Iran’s own fleet of tankers may provide a lifeline for its crude and condensate exports that’ll be slashed as US sanctions against the Persian Gulf nation take hold. As Iran’s customers give in to mounting US pressure, shipments from the OPEC member may drop to under 1 million barrels a day by mid-2019, down from […]
Chairman of the Board of Directors of Novin Sanat Raja Company Farhad Farahmand Mohammadi said that US sanctions will have no effect on Iranian wagon manufacturing industry. Chairman of the Board of Directors of Novin Sanat Raja Company Farhad Farahmand Mohammadi said that US sanctions will have no effect on Iranian wagon manufacturing industry. Unlike […]