Russia, China and Europe are allowed to continue nuclear work in Iran

Trump allowed foreign firms of China, Russia and Europe to collaborate on the civilian nuclear program with Iran’s Atomic Energy Organization while Lindsey Graham of South Carolina and Ted Cruz of Texas were extremely disagree with Trump’s decision. Analysts believe that Trump is still hopeful to meet Rouhani which can be a good support before…

Trade war in a lose-lose situation for both China & US!

Fitch Ratings Inc. and Moody’s as two of the biggest credit rating agencies announced that both China and US are approaching a lose-lose situation through the cold war. According to Rick Helfenbein, president and CEO of the American Apparel and Footwear Association (AAFA), “The trade war is like a family argument, which at one point…

Iran Petrochemical Industry

The Managing Director of National Petrochemical Company (NPC) declared that the total revenue of Iran petrochemical industry is $17 billion. 44 petrochemical products are produced in Iran, 18 of which are polymer products that have 300 various grades. Therefore totally 350 petrochemical products are manufactured in Iran. He added that there are 56 active petrochemical…

US Pushes Iraq to Stop Buying Energy From Iran

According to Sputnik, Iraq have to buy energy from Iran otherwise it can support the required electricity of its country. On the other hand Iraq is under pressure of US to stop importing of energy from Iran. Marshall Billingslea, Assistant Secretary for Terrorist Financing in the United States Department of the Treasury, asked Iraq not…

“Oman” a good trading partner for Iran

The evaluation of market shows that a new base for trade is going to be formed in the region which can strengthen Iran exchange system and its foreign trade. It seems that Iranian traders can enumerate Oman as a new headquarters for export of Iranian goods. Iranian authorities are interested in Oman companies’ investment in…

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