EghtesadOnline: Moscow believes that only dialogue can help Washington overcome any disagreement with Iran, a stance that is reflected in Russia’s concept of collective security in the Persian Gulf, Russian Foreign Minister Sergey Lavrov told the Italian La Stampa daily.
EghtesadOnline: The US Federal Aviation Administration is allowing US airlines to resume operations over large areas of the Persian Gulf after it barred American carriers from the area in the wake of tensions between Tehran and Washington.
EghtesadOnline: A major plan for collecting and processing associated petroleum gas in the Bidboland Persian Gulf Gas Refinery, in Behbahan County, Khuzestan Province, will come on stream in spring.
EghtesadOnline: Qeshm, the largest island in Persian Gulf, exported 1,975 tons of commodities worth $21 million during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20) to register a 237% and 568% growth in tonnage and value respectively compared with last year’s corresponding period.
EghtesadOnline: Foreign Minister Mohammad Javad Zarif reaffirmed Iran’s readiness for talks with neighbors amid tensions in the Persian Gulf region.
EghtesadOnline: With the aim of developing power generation, approximately 2.3 billion cubic meters of associate petroleum gas has been harnessed from Sirri Island oilfields in the Persian Gulf for power plants in the southern regions.
EghtesadOnline: To speed up gas production from South Pars Gas Field in the Persian Gulf, an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said.
EghtesadOnline: The prerequisite to the realization of Hormuz Peace Endeavour—an initiative aimed at ensuring Persian Gulf security through cooperation among regional governments—is a shift in the policies of regional countries, an expert on international relations said.
EghtesadOnline: Equities in both of Tehran Stock Exchange and the over-the-counter Iran Fara Bourse made a rare nosedive at the start of trading week on Saturday as markets dived following renewed military tensions in the strategic Persian Gulf region.
EghtesadOnline: The Iranian Embassy in Japan emphasized that the presence of foreign forces will not guarantee stability in the Persian Gulf, calling on friendly countries such as Japan to support Iran's Hormuz Peace Endeavor that engages regional states in security efforts.