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ENERGY

Iran sells first diesel cargo at local bourse

Iranian media reports show a $57-million diesel cargo has been sold at IRENEX within minutes.

diesel samples

ENERGY

Iran plans new private oil sales to bypass US sanctions

Iran plans to sell 3 million barrels of crude oil to private companies in the third round of sales aimed at bypassing new US sanctions, Minster of Petroleum Bijan Zangeneh says.

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ENERGY

Iran preparing for 2nd oil sale camping as bans return

Iran says it is preparing for the second sale of its crude oil to individual buyers through its Energy Bourse after the first sale saw clients purchase 280,000 barrels at $74.85 last Sunday.

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ENERGY

Iran starts selling oil through its Energy Bourse   

Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge the impacts of returning sanctions.

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ECONOMY

Tehran bourse loses $3.5 billion in a month

Iran’s main bourse lost $3.5 billion in the month of Khordad that ended on June 21 as a lingering recession took its toll on major businesses, the daily Hamshahri reported on Tuesday.

Iran