A new report shows that Iran’s export of various metals and mining products to China have significantly increased this year amid government efforts to broaden its access to new sources of hard currency at a time of increased American pressure on the oil industry.
Iran’s naval forces are closely watching the movement of any foreign vessel in the Persian Gulf waters, a commander of the Islamic Revolution Guards Corps (IRGC) has said, warning against the presence of extra-regional countries in that territory.
Iran’s sale of petrochemical products in a local energy exchange exceeded $200 million in one week as the government keeps using the mechanism to bypass the US sanctions imposed on the oil and gas industry.
Germany’s engineering giant Siemens is backing Iran in plans to launch power plants relying on modern gas turbines that would add some 5 gigawatts (GW) to the country’s electricity generation capacity.
US war on Iran by other means is all about its refusal to subordinate its sovereignty to US interests, opposition to its imperial agenda, support for Palestinian rights, and Washington’s aim to control its vast hydrocarbon resources.
Iran has voiced concerns about and deplored the latest move by the United States to test a medium-range ballistic missile, months after Washington withdrew from the Intermediate-range Nuclear Forces (INF) Treaty with Russia.
Iran’s sale of petrochemical products in a local energy exchange has exceeded $200 million in one week as the government keeps using the mechanism to bypass the American sanctions imposed on the oil and gas industry.