Mechanisms for exporting petrochemicals devised during the earlier round of sanctions have still been preserved, therefore the industry will not be affected by fresh sanctions re-imposed by the US, a top Iranian official said.
Iran petchem exports won't be affected by sanctions: Official
Key US ally Britain is seeking a waiver for energy companies to continue trading with Iranian counterparts despite President Donald Trump reimposing sanctions on OPEC's third-largest oil producer, a government minister told S&P Global Platts.
UK seeks waiver from US Iran sanctions
Russia-led Eurasian Economic Union (EEU) signed an interim trade deal with Iran during talks on Thursday in the Kazakh capital of Astana.
EEU signs trade deal with Iran
A Chinese company is ready to replace French energy giant Total if it decides to exit South Pars Gas Field Phase 11 development project, declared Iran's Oil Minister Bijan Namdar Zanganeh.
Zanganeh: Chinese company ready to replace Total in South Pars
Economy-related ministers from 35 African nations will gather in Busan next week to discuss ways to bolster the continent's industrialization and economic cooperation with South Korea, the Finance Ministry here said Friday.
African economy ministers to gather in Busan next week
Toyota Motor Corp (7203.T) is taking an unprecedented route to meet China’s stringent green car quotas: Its showrooms will sell an electric vehicle without the Japanese company’s distinctive triple-oval logo.
Toyota plans to roll into China's EV market in GAC Motor vehicle
The US trade deficit could technically be halved if statisticians were better able to capture the value of the software developed in Silicon Valley and embedded in smartphones worldwide, according to Hal Varian, Google’s chief economist.
Hidden value in phones could ‘cut US trade deficit in half’
Japan's consumer prices edged up 0.7 percent in April, government data showed Friday, weaker than in previous months and still far below a longstanding target.
Japan inflation slows in April to 0.7%
The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a report said.
EU plans to ditch dollar for Iran oil payments
The US decision to withdraw from the nuclear deal will have little impact on Iran's oil industry, said the deputy head for non-industrial operations of National Iranian Oil Company (NIOC).
US withdrawal from JCPOA will have little impact Iran's oil industry: Official

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