Iran Sanctions

China allows Iran to begin shipping oil from storage  - WSJ

China allows Iran to begin shipping oil from storage - WSJ

Iran has begun shipping oil stored in China with Beijing's approval, sources told The Wall Street Journal, about two weeks after Iran International reported Tehran's determination to sell off the supplies ahead of harsher sanctions expected under Donald Trump.

US sanctions vessels carrying Iranian oil

US sanctions vessels carrying Iranian oil

The US Treasury on Friday sanctioned several vessels involved in transporting Iranian oil as part of a broader crackdown on Russia's network of ships used to evade US-led energy sanctions.

Khamenei allows policy review to ease Iran's trade restrictions

Khamenei allows policy review to ease Iran's trade restrictions

Iran’s economy minister announced on Tuesday that the Supreme Leader has approved revisiting two critical international conventions required to ease banking restrictions resulting from Iran's blacklisting by the money laundering watchdog, the Financial Action Task Force (FATF).

Iran's GDP growth halves despite surge in oil exports

Iran's GDP growth halves despite surge in oil exports

Despite a 20% surge in oil exports, Iran's GDP growth in the first half of the current Iranian calendar year starting March 21 significantly declined due to a recession in other sectors, such as agriculture, industries, and the service sector.

Iran set to slash fuel subsidies in sensitive move

Iran set to slash fuel subsidies in sensitive move

Iran is due to ease fuel price subsidies, according to documents reviewed by Iran International, in a politically sensitive move likely approved by the country's top leadership which is due to deepen economic pain.

Iran rejects reports of declining oil exports

Iran rejects reports of declining oil exports

Iran’s oil minister denied reports on Wednesday that oil exports have declined, even as the Iranian currency continued its downward spiral and the country faced acute shortages of natural gas and electricity.