SNSC chief says Iran should never have signed the JCPOA

Shamkhani: U.S. sanctions intended to make Iran surrender not to negotiate

TEHRAN - Ali Shamkhani, the secretary of Iran’s Supreme National Security Council, has said that the U.S. sanctions pressure against Iran are not for negotiation but intended to make Tehran surrender.

U.S. sanctions on Iran’s oil industry hurting India: envoy

TEHRAN - Indian Ambassador to the U.S. Harsh Vardhan Shringla said the U.S. decision on ending waivers for the purchase of Iranian oil is hurting India's economy, Sputnik reported.

Private sector propelling economy during sanctions: industry min.

TEHRAN- Private sector is the main factor for domestic economy to grow during the sanctions time, Iranian Industry, Mining and Trade Minister Reza Rahmani stated.

By Ebrahim Fallahi

Have Iranian oil exports really fallen to 100,000 bpd?

TEHRAN - Recently some reports have been published by ship tracking companies and industry sources regarding Iranian oil exports in July which have put the county’s shipments at near 100,000 barrels per day (bpd) in the mentioned month.

‘Iran’s economy strong enough to withstand U.S. sanctions’

TEHRAN – A member of Majlis Economic Committee said on Tuesday that the country’s economy has the capacity to pass through the unjust U.S. sanctions, IRIB reported.

Iranian oil irreplaceable, Zanganeh says

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said no country can replace Iranian oil in the global market, Mehr news agency reported on Sunday.

‘Italy still eager for trade with Iran’

TEHRAN - Chairman of Iran-Italy Joint Chamber of Commerce Ahmad Pourfallah has said that despite the U.S. sanctions Italian companies are still willing to engage in trade with Iran, IRNA reported on Sunday.

No worries over fuel supply, senior official says

TEHRAN – Iran doesn’t have any problems regarding production and supply of gasoline and gasoil despite the U.S. sanctions, Press TV reported, quoting an official with the oil ministry as saying on Wednesday.

‘NIGC moving toward complete self-sufficiency in face of sanctions’

TEHRAN - Saied Pakseresht, director of research and technology at National Iranian Gas Company (NIGC), said the company is nearly self-sufficient in supplying all its needs.

Renault regional sales drop drastically after exit from Iran

TEHRAN - French carmaker Renault sales in the Middle East and Africa region fell 27.7 percent largely as a result of Renault’s 2018 withdrawal from Iran under threat of U.S. sanctions, the company said in a statement on Tuesday.

S. Korea struggling to replace Iranian oil: report

TEHRAN - South Korea’s crude oil imports have fallen 12.6 percent in June to 11.49 million tons, an indication that the country is having problems replacing its oil imports from Iran.

By Ebrahim Fallahi

Iran’s ‘oil for execution’ plan: old ideas in a new wrapping

TEHRAN – This week Iranian Oil Ministry is going to officially start a new plan that is aimed to be a new way for selling oil and tackling the pressures imposed by U.S. sanctions on the country’s oil industry.

By Mahnaz Abdi

Ports’ vital role in combatting sanctions

While Iran is combatting the U.S. unilateral sanctions on its economy, the country’s ports as the major gates of exports and imports play some significant role in this combat. This role makes all-out support to ports and more development of them serious and vital.

By staff and agency

Russia to continue trade with Iran regardless of U.S. sanctions

Russian Permanent Representative to the European Union Vladimir Chizhov has said that Russia will ignore the U.S. sanctions against Iran and will continue trade with the country without creating any special mechanisms.

By Mahnaz Abdi

Sanctions, an opportunity to benefit from tax potential

Donald Trump withdrew the U.S. unilaterally from the 2015 nuclear deal between Iran and the world’s major powers (known as Joint Comprehensive Plan of Action or JCPOA) in last May and re-imposed sanctions against the Islamic Republic.

U.S. considering waiver for China to import oil from Iran: report

TEHRAN - The U.S. Department of State is mulling over allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield, Politico reported on Wednesday, quoting three U.S. officials and sources.

Iraq to set up mechanism to buy Iranian gas, electricity

TEHRAN - Iraq is going to establish a trade mechanism to continue buying gas and electricity from Iran despite U.S. sanctions, AFP reported, citing senior Iraqi officials.

Without oil deal Instex will not work, Zanganeh says

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the European Union mechanism for trade with Iran, known as INSTEX, is not going to be useful without including oil sales.

‘U.S. sanctions not impeding Iranian aviation industry’s development’

TEHRAN - Managing Director of Iran’s National Airline (Iran Air) said the U.S. sanctions have not stopped Iran’s aviation industry’s continuous development, IRNA reported.

Iran’s oil exports rising despite U.S. pressures: CBI governor

TEHRAN – The governor of Central Bank of Iran (CBI) said the country’s oil exports are following an upward trend despite the U.S. pressures for cutting them to zero, IRNA reported.

CBI hosts a gathering of economists to discuss monetary issues

TEHRAN – In a meeting with the country’s economists in Tehran on Monday, the governor of Central Bank of Iran (CBI) explored issues like Integrated Forex Market, open market operations (OMO), liquidity and inflation, IRIB reported.

Zanganeh denies reports of decline in Iran’s oil exports

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that reports about recent declines in Iranian oil exports are not true.

By Ebrahim Fallahi

Petro-refinery: Iran’s new weapon against U.S. sanctions

Increasing the country’s petro-refining capacity has recently become a hot topic among Iran’s top research institutions and research centers as a key defense mechanism against the impacts of the U.S. sanctions on the country’s oil industry.

CBI unveils plans to compensate oil budget deficit in sanctions era

TEHRAN – The governor of the Central Bank of Iran (CBI) has said three plans have been developed aimed to compensate the probable budget deficit resulted from the U.S. sanctions on the country’s oil industry, Tasnim news agency reported.

‘German companies ignore U.S. sanctions in trade with Iran’

TEHRAN – Dozens of German companies are still continuing their activities in Iran and keeping their offices in the country despite the rising pressures from the U.S. government, the Portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) reported on Saturday.

China continues buying Iranian LPG despite U.S. sanctions

TEHRAN – China is still importing liquefied petroleum gas (LPG) from Iran after the U.S. imposed sanctions on the country’s oil industry, Bloomberg reported citing the Paris-based energy researcher Kpler SAS.

U.S. cannot reach goals of Iran’s oil sanctions: Zanganeh

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. won’t be able to realize the goals it’s pursuing by sanctioning Iran’s oil industry, IRIB reported.

BY: Haniyeh Sadat Jafariyeh

Road from oil-reliant economy to oil free one

The U.S.-led sanctions, imposed to squeeze Iran’s oil-reliant economy by restricting oil revenues, has made the need for moving toward a non-oil economy for Iran ever-increasing.

‘Iran to initiate new economic transactions despite U.S. will’

TEHRAN- Iran is to kick off new economic transactions with other countries despite the will of the U.S. that wants to cut Iran’s economic ties with the world, the chairman of Economic Committee of Majlis stated.

Petchem sanctions, political theatrics: NPC head

TEHRAN- Imposition of sanctions by the U.S. on Iran’s petrochemical sector is some political theatrics which will not impact Iran’s petrochemical output and exports much, National Iranian Oil Company (NPC) Head stated.