Economy of Iran
Iran braces for oil sanctions after currency crash, protests
Iran is bracing for the restoration of U.S. sanctions on its vital oil industry as it grapples with an economic crisis that has sparked sporadic protests over rising prices, corruption and unemployment.
Turkey wants exemption from US sanctions on Iran: FM
Turkey has conveyed to the U.S. that its sanctions on Iran that will come into effect on Nov. 4 is "unilateral," Turkish foreign minister said on Oct. 24.
US 'actively considering waivers on Iran oil sanctions'
The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their imports of Iranian oil, a U.S. government official said on Oct. 5.
UN court orders US to lift some Iran sanctions
The United Nations' highest court has ordered the United States to lift sanctions on Iran that affect imports of humanitarian goods and products and services linked to the safety of civil aviation.
- Read more about UN court orders US to lift some Iran sanctions
- Log in to post comments
EU, Iran set financial 'vehicle' to ease trade between them
Five world powers and Iran agreed late on Sept. 24 to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of sanctions.
Turkish-Iranian businessman Reza Zarrab spotted at New York hotel
Turkish-Iranian businessman Reza Zarrab, who was arrested in the U.S. in 2016 over evading sanctions on Iran, has been spotted in New York City while leaving an upscale downtown hotel.
Turkish-Iranian businessman Reza Zarrab photographed at New York restaurant
Turkish-Iranian businessman Reza Zarrab, who was arrested in the U.S. in 2016 over evading sanctions on Iran, has been photographed at a famous sushi restaurant in New York.
Turkey, Russia, Iran 'to use local currencies for trade'
Turkey, Russia and Iran have agreed to use their local currencies for trade between the three countries, according to Central Bank of Iran Governor Abdolnaser Hemati on Sept. 7.
US sanctions make strong point for Iran, Russia, Turkey cooperation: Khamenei
The United States' sanctions on Iran, Russia and Turkey make a strong point for the three countries to expand political and economic cooperation, Iran's supreme leader Ayatollah Ali Khamanei said Sept. 8.
Turkey expects no fine for Halkbank: Albayrak
A U.S. law firm hired by Turkey to look into state-owned Halkbank's dealings with Iran found that it did not violate U.S. sanctions, Turkey's treasury and finance minister told Reuters, and Ankara does not expect the bank to face any fine.
- Read more about Turkey expects no fine for Halkbank: Albayrak
- Log in to post comments