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Tehran (ISNA) – During weekdays ending up to February 20, 2020, while 588,310 MT of commodities worth over 833 million USD were traded on Iran Mercantile Exchange, the trading volume and value experienced a growth of 33 and 19 percent, respectively. According to the report from IME International Affairs and PR, last week, on the domestic and export metal and ...

The release of UK seized Iranian oil tanker ‘Grace 1’ was postponed at the request of the United States. The Iranian oil tanker Grace 1 was seized by UK marines near the Strait of Gibraltar on 4 July over alleged violation of EU sanctions, in what Tehran described as an act of piracy. The US Department of Justice has applied ...

The JCPOA supervisory council is investigating reduction of Iran’s commitments to the nuclear deal and opinion of the Leader of the Islamic Revolution about the issue will be asked,” head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi said on Tuesday. Addressing JCPOA status quo, Salehi said that “if we divide the nuclear deal into three technical, ...

The National Petrochemical Company (NPC) of Iran will launch three new petrochemical projects by the end of the current fiscal year (March 2020), a senior official said. The CEO of the Iranian Investment Petrochemical Group Company (PETROL) said three projects, namely Lordegan, Ilam and potassium sulfate unit of Urmia petrochemical plant will come on stream by the end of the ...

Iranian President Hassan Rouhani said Wednesday that US sanctions on Iran is affecting civilians in the country and is a crime against humanity. “The pressure imposed by enemies on our country is put on all people even children and the ill. This US measure is a crime against humanity. We should resist and so far we have shown good resistance,” ...

Iranian President Hassan Rouhani said if the US is genuine about holding talks with Iran, it needs to remove all sanctions against the country before anything else. President Rouhani made the remark at the Foreign Ministry building on Tuesday. He was visiting Foreign Minister Mohammad Javad Zarif a few days after the administration of US President Donald Trump imposed sanctions ...

The Exploration Department of the National Iranian Oil Company (NIOC) has signed four research contracts with universities and knowledge-based firms. The deals, signed at Ferdowsi University in Mashhad, the northeastern province of Khorasan Razavi, on Sunday, concerned studies in the fields of geophysics, geochemistry, unconventional hydrocarbon resources and drilling fluids: ۱٫ The Project of Quantitative Seismic Cube Interpretation (QI) in ...

Naval unit of Iran’s Islamic Revolution Guards Corps (IRGC) seized a foreign tanker smuggling 700,000 liters of fuel, in an area near Farsi Island- a tiny, barren Iranian island in the Persian Gulf. In a statement released on Sunday, IRGC announced that it has detained a foreign ship carrying 700,000 liters of smuggled fuel in the PG after being assured ...

Nine neighboring countries have shown interest to import Iran’s high-quality gasoline, according to Chairman of Energy Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Reza Padidar. Noting the supplying of gasoline at Iran Energy Exchange entitled “IRENEX”, he added, “of 15 neighboring countries, nine have shown keen interest to purchase gasoline from the Islamic Republic of Iran.” These ...

Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht stressed failure of enemies in leaving a major impact on Iran’s economy by imposing the toughest-ever sanctions. “Despite the unprecedented sanctions that the enemies of the Islamic Republic have imposed on the Islamic Iran, the path pursued by the Iranian nation has not been distorted and based ...