China, which on Thursday reported oil imports from Iran for the first time in a year, has offloaded the cargo into state reserves in the port city of Zhanjiang.
Iran and South Korea are discussing ways to use funds blocked in Seoul due to the US sanctions to settle Tehran’s overdue membership fees to the United Nations.
The United States has arrested an Iranian dual citizen for conspiring to illegally export electronic goods and technology to the Islamic Republic.
Iran’s President Ebrahim Raisi said Thursday that Iran’s oil exports have increased by 40 percent and Tehran pursues a dual-track policy of circumventing US sanctions and working for their removal.
China's imports of crude oil from Iran and Venezuela have hit a three-year high as it ignores the risk of penalties for cheap prices in circumventing US sanctions.
Iran’s battered currency has risen from its December lows by almost 9 percent against the US dollar as signs of progress in Vienna nuclear talks have emerged.
Iran's chief envoy in Vienna nuclear talks says South Korea must release Tehran's frozen funds no matter the outcome of the negotiations to restore the JCPOA.
South Korean Vice Foreign Minister Choi Jong-kun has left for Vienna to meet the representatives of Iran and other counties taking part in talks to revive the 2015 nuclear agreement.
A new investigative report has detailed Iran’s large diesel smuggling network, revealing the role of the Revolutionary Guard and private shipping companies in the illicit trade.
The Iranian government’s official newspaper has said that Iran sells its oil so cheap that the risk of circumventing US sanctions is worth taking for buyers.
Iran’s intelligence minister Esmail Khatib says despite pressure by the United States and its allies Tehran currently has fewer problems in selling oil.