India’s ambassador to the US said American sanctions on Iran are hurting his country, which is finding it hard to replace Iranian oil imports.
India finding it hard to replace Iranian oil: Envoy
The Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that deleting four zeros from the national currency will have no impact on the inflation rate, adding that the central bank is ready to implement the plan.
CBI: Eliminating zeros from national currency not to impact inflation rate
Imam Khomeini International Airport (IKIA) increased the number of flights from Salaam Terminal-Gallery, announced the deputy head of Imam Khomeini Airport Company (IKAC).
Flights of IKIA Salaam Terminal increased
Petrochemical projects worth a total of $10 billion are being implemented by the Persian Gulf Petrochemical Industries Company (PGPIC), said the managing director of the company.
PGPIC implementing petchem projects worth $10b: Official
The Iranian Ministry of Industry, Mine and Trade has not issued any permits for iron ore pellet exports since the beginning of August because of a shortage in the domestic market.
Iran restricts pellet exports to stem domestic shortage
Iran is keen on providing special support to foreign investors willing to participate in the implementation of domestic mining and industrial sectors’ projects.
Minister: Iran keen on supporting foreign investors in mining, industrial projects
Despite constant extraction and consumption over the past four decades, the present amount of Iran’s in situ oil reserves is equal to that of the country in 1978, while its gas reserves have grown eightfold over the 40-year period, to 2018.
NIOC official: Iran’s hydrocarbon reserves no less than 40 years ago

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