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ifmat - Iran to receive 1 Billion in oil funds previously blocked by sanctions

Iran to receive 1 Billion in oil funds previously blocked by sanctions

Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean banks because of the ...
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ifmat - Iran demands compensation for the US Sanctions

Iran demands compensation for the U.S. Sanctions

A major crisis was narrowly averted Sunday over Iran's nuclear facilities and the planned booting of IAEA inspectors from key sites, scheduled according to a prior Iranian parliament decision ...
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ifmat - Iran doubles down on nuclear ambitions as it expands oil influence

Iran doubles down on nuclear ambitions as it expands oil influence

Tehran’s broad strategy regarding the U.S. is to seek to push new President Joe Biden back into a non-renegotiated nuclear deal, which favours Iran, whilst at the same time ...
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ifmat - Iran plans petrochemical boom despite US Sanctions

Iran plans petrochemical boom despite U.S. Sanctions

Given the extreme unlikelihood of the U.S. returning to the currently structured Joint Comprehensive Plan of Action (JCPOA), and Iran’s unwillingness to renegotiate the deal any time soon, the ...
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ifmat - North Sea firm avoids potential Iran sanctions hitch as Joe Biden inaugurated

North Sea firm avoids potential Iran sanctions hitch as Joe Biden inaugurated

North Sea-focused Serica Energy has avoided a potential geopolitical complication amid efforts to boost output from a bumper gas field that is part-owned by Iran as it underlined its ...
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ifmat - Iran unveils own oil tanker in Goodbye Party for Trump

Iran unveils own oil tanker in “Goodbye Party” for Trump

The Islamic Revolution Guards Corps (IRGC) of Iran unveiled this week the second oceangoing oil tanker it has helped to build, to show that the Islamic Republic has managed ...
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