Tehran: The Iran navy chief roared ‘If Iran cannot export oil through Hormuz, no one else will be allowed to transport oil, through this sector.’ A third of the oil movement in the world passes through the Strait of Hormuz. This increases the seriousness of the threat, issued by the Iranian naval chief. One of […]
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London: The crude oil rates have risen, in light of the raging conflict in Libya and the US sanctions against Iran and Venezuela. The crude prices jumped to $70 per barrel, in the international market, on Monday and the US crude also rose to $63 per barrel. These rates are the highest, in the last […]
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Washington: The repercussions of the US sanctions can be felt in the political circles of Iran. The opposition and the extremists have started criticising that Iran is in this condition today because of the wrong policies adopted by President Hassan Rouhani and Foreign Minister Javad Zarif. An extremist group in Iran has warned that the […]
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Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]
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Tehran: The sanctions imposed by the United States against Iran have come into effect from Monday. While the whole world is discussing the impact of the sanctions, the Iranian President has claimed this to be a declaration of war. President Rouhani expressed confidence that his country will face the sanctions with self-esteem. At the same […]
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Paris: The effects of the stringent sanctions imposed by the United States are becoming visible. They have hit the European trade sector, and European companies like Renault, Daimler-Benz, Opel, Citron and Airbus, Total and ENI have also begun to withdraw from the transactions with Iran. The European media have claimed that although some of the […]
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Tehran/London: Iran has started feeling the heat of the harsh sanctions imposed by US President Donald Trump. The Iranian oil exports have shown a decline to the extent of 46% compared to last year. The slide is not expected to stop here but may increase further in the coming months, said the Iranian officials. As […]
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Washington/Jerusalem: The Trump administration has decided to resume the military aid to Israel. The Trump administration announced that in accordance with the agreement signed between the two countries, Israel will receive a military aid of $38 billion from the United States. Israeli Prime Minister, Benjamin Netanyahu has welcomed the United States decision. The United States […]
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Ankara: Accusing US President Donald Trump of using sanctions and taxes to destruct the economies of other countries, Turkey has appealed them to unite against the United States. Turkish Finance Minister, Berat Albayrak had made this appeal in his article published on a website. The sanctions imposed on Turkey by the United States in the […]
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Berlin: “We should not sit like a rabbit in front of a snake,in the face of [US] economic sanctions and tariffs. We must protect our own interests. It is not only the 80 million Germans we are talking about, it is Europe and the 500 million people living there,” German Foreign Minister, Heiko Maas once […]
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