EghtesadOnline: Despite reassurances by the Ministry of Industries, Mining and Trade that Iranian ports have ample stocks of food and essential goods, people are racing to buy in large quantities supplies from sanitizers to meat and ginger, amid growing coronavirus fears.
EghtesadOnline: Investors making the rounds in the Tehran stock market can run the risk of supply crunch in the absence of efforts to list more companies, head of Securities and Exchange Brokers Association said.
EghtesadOnline: Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand.
EghtesadOnline: Manufacturers of oil and gas equipment and machinery have the potential to generate $5 billion in export revenue a year, head of the Iranian Oil Equipment Manufacturers' Association said.
EghtesadOnline: The issue of voter turnout in the upcoming parliamentary elections is a cause of concern for both principlists and reformists, says a political figure who believes that the reformist camp should step up its efforts to bring more people to the polls.
EghtesadOnline: As long as Iran honors its commitments to the International Atomic Energy Agency, there is absolutely no reason for concern about the appointment of a new director general whose views on cooperation with Iran are not yet clear, a political analyst said.
EghtesadOnline: Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically.
EghtesadOnline: Despite peak production in South Pars Gas Field off the Persian Gulf, pressure reduction has emerged gradually and could get worse, managing director of Pars Oil and Gas Company said Sunday.
EghtesadOnline: The European Union’s top diplomat and the foreign ministers of France, Germany and Britain (E3) expressed regret and concern over recent US decisions against Iran's legitimate oil exports and nuclear activities.