Iran’s oil incomes still rising

Economy - The statistics for Iran’s oil exports and the price of each oil barrel of the country suggests that Iran’s oil incomes are still rising compared to the figures in the previous year, according to the Head of Iran’s Plan and Budget Organization Mohammad-Baqer Nobakht.

Economy - Qatar Airways Group has expressed its commitment to continuing flights to Iran, saying it will not be affected by the US sanctions against the Islamic Republic.

Economy - Completion of 1,200 tourism projects out of 1,900 by the end of President Rouhani’s government (2020) has given a momentum to tourism industry, said the head of Iran’s tourism body.
Economy - The Iranian minister of economy Masoud Karbasian failed on Sunday to regain vote of confidence of the country's Majlis (Iran parliament) and was removed by the lawmakers.
Economy - Other oil producers may find it hard to offset any cut in Iran oil exports beyond 500,000 bpd, wrote an Indian economic analyst.
Economy - As the biggest trade partner of Iran, China has long been importing Iranian oil, and will keep doing so despite US unilateral sanctions on Iran, the head of the international office of China Petroleum and Chemical Industry Federation (CPCIF) told the Islamic Republic News Agency (IRNA) on Monday.
Economy - Iran's economy minister said on Friday that the country can respond to the challenge of the US unilateral sanctions.
Economy - Iran will lodge a complaint in the international communities against US move to put Iranian hand-woven carpet on its sanctions list, head of Iran National Carpet Center announced on Saturday.
Economy - The 24th Iran International Electronic, Computer and E-Commerce Exhibition kicked off here on Saturday with participation of over 400 startup companies.
Economy - Chabahar Free Zone, due to its strategic geographical situation in the region, is a paradise for export-oriented manaugacturing, an Iranian official said.
Economy - South Korea rejects claims suggesting any halt to loading Iranian oil and gas condensates by its tankers in July.
Economy - Iranian Minister of Petroleum Bijan Zanganeh said US President Donald Trump's approach to certain OPEC members is insulting.
Economy - Minister of Road and Urban Development Abbas Akhoundi said on Monday that in spite of the US exit from the JCPOA, international contract on rail transport industry in the field of electrifying route of Garmsar-Inche Boroun began executive work.
Economy - Iran urged the Organization of the Petroleum Exporting Countries (OPEC) to remind members to adhere to production quota, warning that violation of agreements would undermine the unity of this international body.
Economy - Managing Director of Russian Railways Sergey Pavlov said on Saturday that Garmsar-Incheboron railway electrification project will begin as of Monday.
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