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India ready to invest $20 bn in developing Chabahar port

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In a sign that ties between Iran and India are warming, India's Petroleum Minister Dharmendra Pradhan said that India is prepared to invest $20...

Iran starts exporting crude to Europe

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Iranian Deputy Oil Minister Rokneddin Javadi made an announcement on Sunday that his country has increased its oil production by 400,000 barrels per day...

Iran prefers Euros for its oil exports

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Iran prefers to receive euro for its oil exports. "Our priority is to receive cash for oil payments in euro." Xinhua quoted Safar-Ali Karamati...

Riyadh cuts ties with Tehran after embassy attack

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Riyadh Saudi Arabia's foreign minister announced on Saturday to cut diplomatic ties with Iran and asked all Iranian diplomats to leave within 48 hours, local...

India seeks enhanced economic ties with Iran: Sushma

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E xternal Affairs Minister Sushma Swaraj on Monday described Iran as an important partner of India and called for enhancement of bilateral economic cooperation...

Iran seeks leap in petrochemical sector

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Iran has planned for a leap in its petrochemical industry following the possible lift of sanctions against its energy and financial sectors early next...

US and the West start process of lifting sanctions against Iran

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PerformanceGurus Staff Washington DC, Oct 18 US President Barack Obama on Sunday ordered his administration to take steps to lift sanctions on Iran by implementing the...

Iran’s missile test violates UN resolution, US says

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PerformanceGurus Staff Washington, Oct 13 The White House hinted that Iran's test of a new precision-guided ballistic missile on Sunday could be violating a UN Security...

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