EghtesadOnline: Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well-supplied market.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner, China, hit $8.66 billion from January to July to register a 40.9% decline compared with the corresponding period of 2019.
EghtesadOnline: A cargo ship carrying 43 containers, including 942 tons of marble blocks, has been sent to China via the southeastern port of Chabahar for the first time, the head of Sistan-Baluchestan Ports and Maritime Organization said.
EghtesadOnline: Russia is planning to build a port on the Caspian Sea near the city of Lagan to increase trade in the region and beyond.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner, China, reached $7.23 billion during the first half of 2020 to register a 42% decline compared with the corresponding period of 2019.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner China stood at $6.4 billion during the first five months of 2020 to register a 41.3% decline compared with the corresponding period of 2019.
EghtesadOnline: Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May.
EghtesadOnline: Parliament Speaker Ali Larijani hailed China’s success in containing the novel coronavirus and applauded the Asian country for assisting Iran in the fight against the infectious disease.
EghtesadOnline: Confirmed coronavirus cases in Iran surged to 2,336, the death toll to 77 and the recovered to 435, which figures are the highest among virus-hit countries outside China, health officials said.
EghtesadOnline: A team of Chinese medical experts arrived in Tehran early Saturday with a new package of humanitarian aid to assist Iran in fighting the coronavirus outbreak.