OPEC and other producers meet again during the weekend to discuss the terms of last week's agreement from Vienna.
December 08, 2016 - 05:39 GMT
Oil prices retreated for the second day in partial response to statements from Iran's president that his country could sell as much oil as it sees fit.
Iranian President Hassan Rouhani, a moderate who has pushed for closer ties with the West, said the United States' standing in the world had been weakened due to its
December 07, 2016 - 10:00 GMT
Describing it as “the worst deal ever negotiated”, Trump said during the election campaign that he would scrap the pact .
The Kurdish Ministry of Natural Resources said its oil- and gas-dependent economy was a vital contributor to the funds necessary to support the fight against the Islamic State. (File photo)
December 06, 2016 - 06:00 GMT
Gateway oil and gas conference is underway in London as Kurdish authorities look for opportunities to plug outstanding export debts.
Iran has in recent years made great achievements in the field of production of different drugs and medical equipment. (Shutterstock)
December 05, 2016 - 11:00 GMT
Iran currently produces medicines for 95 percent of its domestic needs and is looking towards the lucrative MENA market for its pharmaceutical exports.
Rouhani emphasized that the prospects will be specifically positive in light of the country’s recent “victory” in OPEC to move ahead with its crude oil production and export plans with no limitations.  (File photo)
December 05, 2016 - 09:00 GMT
A draft version of the country’s budget bill for the next year envisages a total income of over 1.1 quadrillion rials from selling 2.42 million barrels per day of crude oil at $50 each.
A stray dog stares from behind the fence at the Vafa animal shelter in the town of Hashtgerd, some 70 kms west of Iran's capital Tehra. (AFP/Behrouz Mehri)
December 04, 2016 - 11:40 GMT
With over 26,000 followers, Nezafati’s kindness towards animals has captured the imagination of the social media world.
The Iranian men’s national beach soccer team (file photo)
December 03, 2016 - 15:44 GMT
The Iranian men’s national beach soccer team has maintained its place as the best squad in Asia in the newest edition of the Beach Soccer Worldwide (BSWW) rankings, and claimed the fifth spot in the world.
Iran's Parliament is preparing legislature that would force the government to resume nuclear activities halted under the JCPOA.
December 03, 2016 - 10:00 GMT
Under the JCPOA, Iran put limitations on its nuclear program in exchange for the removal of international sanctions against the country.
A view of the US Capitol Building in Washington, DC. (AFP/Brendan Smialowski)
December 02, 2016 - 06:00 GMT
Last month the House of Representatives voted almost unanimously to renew the sanctions.
Members of the Iranian parliament have legal immunity (Wikimedia Commons)
December 01, 2016 - 13:36 GMT
Never underestimate the strength of Twitter and Facebook
Bilateral trade between Oman and Iran is likely to touch $5 billion within five years, from the current $1 billion.  (File photo)
November 29, 2016 - 08:00 GMT
Oman is set to bypass the UAE as Iran's biggest trading partner in MENA.
Russia's Apti Aukhadov poses on the podium with his silver medal, during the men's 85kg group A weightlifting event of the London 2012 Olympic Games at The Excel Centre in London on August 3, 2012. YURI CORTEZ / AFP
November 28, 2016 - 15:48 GMT
After the International Olympic Committee re-analysed the blood samples of some athletes, it discovered that Russia’s...
Iran’s President Hassan Rouhani (R) meets with visiting Turkish Foreign Minister Mevlut Cavusoglu in Tehran, November 26, 2016. (AFP/File)
November 26, 2016 - 16:00 GMT
Iran and Turkey hold regular consultations on regional issues, notably the crises in Syria and Iraq. While differing on Syria, Ankara and Tehran are both concerned about the threat of extremism.
Damaged trains following an accident in the Semnan province. (AFP/File)
November 26, 2016 - 08:00 GMT
A passenger train crashed into another passenger train that had stopped at a station near the town of Shahroud in Semnan province, about 250 kilometres east of the capital, Tehran.
Former mayor of London Boris Johnson walks to 10 Downing Street in central London on July 13, 2016. (AFP/Oli Scarff)
November 23, 2016 - 09:00 GMT
“The government remains committed to the nuclear deal in Iran and we look forward to working with the new administration in the United States to make it a success.”
From left to right: Mohammad Reza Mansouri, Reza Sokhandan, Alireza Faghani, Kate Jacewicz, Renae Coghill and Uvena Fernandes (Photo: Press TV)
November 21, 2016 - 16:33 GMT
The Asian Football Confederation (AFC) has decorated Iranian referee Alireza Faghani together with linesmen Reza Sokhandan and Mohammad Reza Mansouri with the AFC Referees Special Award 2016.