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Football 21 Jun 2018 | 5:30 AM

Spain Lucky to Escape With 1-0 Victory Over Iran

By any statistical measure, Spain dominated Iran in Kazan, Russia, on Wednesday night. Spain controlled 78 percent of possession. Spain took 18 shots to Iran’s seven, five on target to Iran’s zero. Spain took three times as many corner kicks as Iran.

Corporate News 08 May 2018 | 10:44 PM

Iran oil exports to Europe, Asia at risk following Trump decision

NEW YORK/SEOUL/TOKYO: Iran's exports of oil to China, Europe and other countries will decline later this year and into 2019 if the United States can enforce President Donald Trump's decision to reimpose the "highest level" of economic sanctions targeting oil trade with Iran.

Plantations 08 Feb 2017 | 12:00 AM

Minister: Palm oil export to Iran to grow by 40% under FTA

TEHRAN: The Plantation Industries and Commodities Ministry is positive that Malaysia’s total export of palm oil and palm oil products to Iran will grow by 30% to 40% next year, under a preferential or free trade agreement (FTA), from 453,172 tonnes worth US$331mil achieved in 2016.

Business 17 Apr 2016 | 11:08 PM

Saudi-Iran tensions scupper deal to freeze oil output

DOHA: A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.

AseanPlus News 12 Jul 2015 | 12:00 AM

Iran could help turn the tables

SEVERAL more days remain in negotiations between Iran and the world’s five major powers over the fate of that country’s nuclear programme, but many observers are claiming the deal is already secured, and they have shifted focus to its potential impact on regional security and the oil market.

Business 08 Feb 2019 | 12:00 AM

Iran oil industry faces bleak outlook 40 years after revolution

DUBAI: As Iran’s Islamic Republic enters a fifth decade, its energy industry has little to celebrate. The country’s crude output has yet to recover to pre-revolution levels and is unlikely to do so for many years, even without US sanctions.

Corporate News 01 Jan 2018 | 10:42 PM

Iran protests mean economic dilemma for government

DUBAI: Iran's President Hassan Rouhani may have to step back from some of his core economic policies in the face of nationwide protests by tens of thousands of people frustrated by high unemployment and stagnant living standards.

Commodities 23 Dec 2016 | 12:00 AM

Petronas to study Iran oil fields

TEHRAN: Malaysia’s state-owned energy company Petroliam Nasional Bhd (Petronas) signed an agreement to study two oil fields in Iran, joining international companies from Russia to France that plan to help boost the Persian Gulf nation’s oil and gas production

Business 21 Dec 2016 | 12:00 AM

Iran seeks US$100bil in investments for growth

DUBAI: Few countries have benefited from the oil market’s 2016 recovery like Iran.

Commodities 17 Feb 2016 | 12:28 AM

Iran could decide fate of first global oil deal for 15 years

DOHA/LONDON: The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel to Iran to persuade the country to participate in a deal to freeze output levels, possibly by offering Tehran special terms