Iran Air CEO Farhad Parvaresh said the deal to buy 100 airplanes from Airbus has become finalized and the aerospace company will deliver seven or eight aircraft to Iran by 2017.
U.S. sanctions on Iran have carried a significant cost to the U.S. economy, a new report published by the National Iranian American Council today finds.
National Iranian Oil Company and Royal Dutch Shell have signed deal to develop Iran’s three oil and gas fields, Iran’s state news agency IRNA reported.
New Zealand says it is sending its Minister of Trade Todd McClay to Tehran on Friday to look into the prospects of reviving trade with the Islamic Republic after a hiatus of over a decade.
Asia’s imports of crude oil from Iran more than doubled in October from a year ago, government and ship-tracking data show.
Munich Re Group, as the world’s largest reinsurance company, has voiced readiness to provide Iran with services.
F. William Engdahl
The developing economic, political and military links binding Iran, China and Russia in what I see as an emerging Golden Triangle in Eurasia, are continuing to deepen insignificant areas.
Iran overtook political rival Saudi Arabia as India's top oil supplier in October, shipping data showed, just ahead of a producers' meeting this month to hammer out the details on output cuts aimed at reining in a global glut.
An official has reported on an agreement with Germany's Hermes Insurance Company to provide insurance coverage for investment projects in Iranian petrochemical industries.
ICCIM deputy head has announced that the country is now able to open Letter of Credit (LCs) in Germany, Switzerland, Italy and Austria.