Economy

Al-Monitor – Geopolitical power projection could be, at first sight, the logic underlying Iran’s policy of expanding ties with and playing a role in Iraq. But in recent years, and with the growing necessity arising from the reimposition of US sanctions, Tehran has chosen to also focus on geo-economic interests in Iraq. It has tried, therefore, to augment its share of the Iraqi …

Radiofarda – Iran’s oil minister on Tuesday criticized Greece and Italy for not buying its oil despite U.S. waivers exempting them from sanctions and said they had not offered Tehran any explanation for their decision.

Radiofarda – A member of Iran’s parliament says Supreme Leader Ayatollah Ali Khamenei has decided to take $1.5 billion from the National Development Fund to “reinforce” the defenses of the country.

Al-Monitor – When President Donald Trump pulled the United States out of the Joint Comprehensive Plan of Action (JCPOA) in May, Iran was expecting the European signatories to the deal to engage in serious efforts to uphold it. Indeed, on the very same day as the US withdrawal, President Hassan Rouhani announced in a televised speech his government’s plans to launch intense, short-term negotiations with …

Radiofarda – Oil prices prices were stable on Monday, largely maintaining gains from the previous session as OPEC-led supply cuts and U.S. sanctions against Venezuela provided the market with support.

Radiofarda – The Tehran Stock Exchange has seen significant drops in its two latest sessions on February 2 and 3 due to deteriorating exports resulting from U.S. sanctions.

Radiofarda – The BBC reports that Turkey is being warned for possible misuse of gold imported from Venezuela, which is in political crisis as the opposition leader claims the right to presidency and many countries siding with him, have called for the resignation of current president Nicholas Maduro.

atlanticcouncil – Forty years have passed since the Iranian Revolution—a revolution that promised to usher in democracy, freedom, and prosperity for all. Ayatollah Mohammad Yazdi, an influential cleric, recently exclaimed that Iran has progressed more in the last “forty years than it had in the 400 years prior.” Has it?

Radiofarda – The U.S. dollar and other major currencies have witnessed a notable rise on the Tehran currency exchange market this week. The dollar’s gain has been about 10 percent. As a reaction the chief of Iran’s central bank sounded a warning, that this trend will not necessarily stay, and people should not take risks with their money.

VOA — Iranian crude oil imports by Asia’s top four buyers dropped to the lowest volume in three years in 2018 amid U.S. sanctions on Tehran, but China and India stepped up imports in December after getting waivers from Washington.