January 2016
World Bank: Oil Prices Will Decrease by 27 Percent This Year
The World Bank has significantly lowered its oil price forecast for 2016 to $37 per barrel, citing factors such as increased Iranian oil supply and…
Oil and Gas Will Continue to Dominate the Energy Market Until 2040
ExxonMobil's report predicts that oil and gas will continue to dominate the energy market until 2040, with a slight increase in their share and a…
Member of the Budget and Planning Commission: $40 Oil Price in the Budget is Not Logical
Jafar Qaderi, a member of the Iranian parliament's Budget and Planning Commission, stated that the approval of the 1395 budget is unlikely before the upcoming…
Chinese President Arrives in Tehran
Chinese President Xi Jinping has arrived in Tehran for a two-day official visit at the invitation of Iranian President Hassan Rouhani. This visit is significant…
Cancellation of Private Exchange Licenses in Azerbaijan
Azerbaijan has canceled licenses for private currency exchange offices, allowing only banks to conduct foreign currency transactions due to the manat's significant devaluation. This decision…
Central Bank Deputy's Prediction: Decrease in Inflation, Improvement in Growth Rate
Peyman Ghorbani, Deputy Economic Governor of the Central Bank of Iran, forecasts a continued decrease in inflation and an expected improvement in economic growth. He…