EghtesadOnline: New restrictions that the Trump administration imposed on Iran's petrochemical sector last week is another “political tactic" and "a psychological war" and will not undermine production or exports.
EghtesadOnline: As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank hews strictly to the US sanctions regime.
EghtesadOnline: The government is exploring new ways to bypass US sanctions and find banking channels to Europe, China, and Russia for oil exports and financial transactions, says Asadollah Qarekhani, spokesman of the Majlis Energy Commission.