Iran oil sales

Tehran, Seoul agree to launch working group on humanitarian trade

South Korea and Iran have agreed to launch a working group on expanding humanitarian trade as part of efforts to maintain bilateral partnership within the scope of a US-approved sanctions exemption, a source close to the matter said.

3 August 2020 Trade

Iran to sue South Korean banks for non-payment

Iran is taking a legal action to force South Korean banks to give Iran access to billions of dollars frozen under U.S. pressure, the Iranian Foreign Ministry announced on Saturday.

1 August 2020 Trade

Iran’s strategic oil pipeline bypassing Strait of Hormuz to be launched early 2021

Iran has officially launched a $1.8 billion oil pipeline project which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz.

27 June 2020 Energy

Iran sold gasoline to Venezuela at market price: Zanganeh

Petroleum Minister Bijan Zanganeh says the Iranian gasoline delivered to fuel-starved Venezuela last month was sold to Caracas at market price.

27 June 2020 Energy

Rouhani urges push to release Iran assets in foreign banks

President Hassan Rouhani has urged the Central Bank of Iran (CBI) to continue following up on the release of the country’s frozen assets in foreign banks.

13 June 2020 Trade

Iran urges South Korean banks to release its $7b oil money

Governor of the Central Bank of Iran called on South Korean banks to release Iran’s oil money frozen under US pressure, warning that the Islamic Republic reserves the right to take legal action under international law.

10 June 2020 Trade

Fifth Iranian fuel tanker docks in Venezuelan port

The fifth and last tanker in a flotilla of ships carrying Iranian fuel has entered Venezuela’s state oil company Petroleos de Venezuela (PDVSA)’s El Palito refining facility.

3 June 2020 Energy

First tanker carrying Iranian fuel reaches Venezuela despite US warning

The vessel has arrived in Venezuelan waters to help alleviate fuel shortages in the former oil-exporting nation. Tehran had warned of "consequences" if the US stopped the ship.

24 May 2020 Energy

First of five Iranian tankers to reach Venezuelan waters Sunday

A flotilla of five tankers carrying Iranian fuel for gasoline-starved Venezuela is approaching the Caribbean, with the first vessel expected to reach the South American country’s waters on Sunday.

23 May 2020 Energy

Iran’s fourth tanker heading to Venezuela transits Gibraltar Strait, fifth on the way

Iran’s oil tanker named Faxon which reportedly is destined for Latin America, has passed through the Strait of Gibraltar. Another tanker named Clavel has also passed through the Suez Canal and is moving towards Gibraltar.

18 May 2020 Energy

Tehran, Seoul agree to launch working group on humanitarian trade

Iran to sue South Korean banks for non-payment

Iran’s strategic oil pipeline bypassing Strait of Hormuz to be launched early 2021

Iran sold gasoline to Venezuela at market price: Zanganeh

Rouhani urges push to release Iran assets in foreign banks

Iran urges South Korean banks to release its $7b oil money

Fifth Iranian fuel tanker docks in Venezuelan port

First tanker carrying Iranian fuel reaches Venezuela despite US warning

First of five Iranian tankers to reach Venezuelan waters Sunday

Iran’s fourth tanker heading to Venezuela transits Gibraltar Strait, fifth on the way

Iran, Thailand seek joint financial mechanisms to boost trade ties

Iran’s private sector ready to participate in Armenia’s infrastructure projects

Iran private sector favors the beginning of indirect talks between Tehran and Washington

Iran Chamber of Commerce president extends Eid al-Fitr greetings to Islamic counterparts

"Investment for production" key to achieving Iran’s 8% economic growth target, says Chamber of Commerce

Iran starts issuing debit cards for foreign visitors

Iran raises minimum wage by 45% for next year

Iran Chamber of Commerce, Industries, Mines and Agriculture