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Latest Financial News in Iran – News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.

‘South Korean has not freed up Iran’s frozen assets’

The chairman of the Iran-South Korea Joint Chamber of Commerce says Seoul has not released frozen Iranian assets despite reports alleging it has done so.

Data: Iran’s monthly oil export revenues at $1.3bn

Iran has been earning an average of around $1.3 billion per month in oil revenues despite sanctions imposed by the United States, a report shows.

“Iran’s 7-month export revenues equal total of last year’

The vice chairman of the Iranian Parliament’s Planning and Budget Commission has said Iran’s foreign exchange revenues for the last 7 months have been equal to the total of the last year.

Iran, world’s 3rd largest gas producer despite US sanctions

Iran has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.

Iran to resume gas and oil exports to Afghanistan

Iran’s gas and oil exports to Afghanistan will resume from next week. That’s according to the director of the Iran-Afghanistan Joint Chamber.

Iranian Intel. Ministry dismantles company for ripping off citizens

Iran’s Intelligence Ministry says more than 150 leaders of a pyramid company calling itself Unique Finance have been arrested in 19 provinces across the country for financial wrongdoings.

Iran, Uzbekistan to forge closer trade, technological ties

Iran and Uzbekistan are to hold their second meeting on trade and technology in a bid to boost mutual interactions in those areas. Vice President for Science and Technology Sorena Sattari is to travel to Uzbekistan on November 22 heading a trade-technology delegation in a bid to lay the groundwork for closer technological cooperation between the two sides.

Iran, Pakistan to boost mutual trade to $5bn

Iran’s minister of industry, mines and trade says plans are in the offing to increase Tehran-Islamabad trade to $5 billion in two years’ time.

China Iran oil purchase “skyrockets”

Iranian oil sales to China have reportedly  soared in recent months. This as the administration of US President Joe Biden says they intend to talk to Beijing over the issue.

Iran: Fuel distribution returns to normal

  The spokesperson for the National Iranian Oil Products Distribution Company has said refueling has returned to normal at all gas stations across Iran following days of disruption due to a cyberattack attack.