Tag Archives | United States

What’s in Iran’s Bottled Water?

By a Correspondent in Tehran, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. You won’t believe what some Iranians have found in their bottled water The latest in a string of questionable food quality calls by the government is bringing to light issues such as […]

World Leaders Condemn Attack on Refugee Camp

By John Lee. The United Nations Secretary-General has condemned the attack last week on Camp Hurriya (Camp Liberty), near the Baghdad International Airport, which left at least 26 residents dead and many more wounded. The attack reportedly also caused casualties among the Iraqi Security Forces in the vicinity of the Camp. The Secretary-General called on […]

NSC Opens Office to Oversee Iran Deal Implementation

By Laura Rozen, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The US National Security Council is joining the State Department in establishing a new office to oversee implementation of the Iran nuclear deal, to be headed by NSC Director for Nonproliferation Paul Irwin, a […]

Iran gives 30-day visas at airports

By John Lee. Iran is to start issuing 30-day visas for tourists from 58 countries upon arrival at its airports. The Persian-language newspaper Donya-ye Eqtesad says the visas can be extended by 15 more days. Foreign tourists could previously get 14-day visas at Iran’s airports and their visas could not be extended. Eligible countries are: […]

British, Japanese Insurers visit Iran

The Chairman and CEO of the Iran Insurance Company has hosted representatives of the British United Insurance Brokers (UIB) and Japanese insurer, Sompo. The purpose of the meeting was to increase the level of interaction in the post-sanctions era, to develop reinsurance, to provide reinsurance coverage requirements, and to improve the coverage especially in property […]

IGRC-Linked Companies may Partner with IOCs

The man responsible for Iran’s new oil contracts has said that domestic companies linked to the Islamic Revolutionary Guards Corp (IRGC) may be approved to partner international oil companies (IOCs) in joint ventures. Seyed Mehdi Hosseini, head of the Oil Contracts Restructuring Committee, said: “The point of these Revolutionary Guards is that they are engineering companies, […]

Supreme Leader bans Negotiations with US

Supreme Leader Ayatollah Seyyed Ali Khamenei has banned any further negotiations between Iran and the United States, putting the brakes on moderates hoping to end Iran’s isolation after reaching a nuclear deal with world powers in July. According to a report from Reuters, his statements directly contradict those of moderate Iranian President Hassan Rouhani, who […]

Iran Invites Foreign Firms to Develop Oil and Gas

By John Lee. Iran’s deputy Oil Minister has said that the country is inviting foreign investors to actively develop its energy industry after the expected easing of sanctions. Rokneddin Javadi (pictured) told Reuters: “We welcome all oil companies, including the Americans, that meet Islamic Republic’s requirements to invest in Iran. We welcome competition among foreign […]

US Firms ‘Likely to Attend’ Oil Contracts Conference

The Managing Director of the National Iranian Oil Company (NIOC) said the US companies are likely to take part in the upcoming conference to unveil Iran’s new oil contracts in Tehran. “There is no clear picture about their participation, but the chance can’t be ruled out,” Rokneddin Javadi (pictured) told Shana. “The government has laid […]

Video: What is the Future of US-Iran Relations?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. After decades of being demonised by the US, Iran may be emerging from international isolation thanks to the nuclear deal. Is the thaw a sign of a new rapprochement between two foes? Or […]

4 More US Senators Back Iran Deal

By John Lee. Four US Democratic senators announced on Tuesday that they would back President Obama’s nuclear deal with Iran. This would give Obama enough votes to ensure that he would not be forced to veto a Republican resolution disapproving the accord. The four senators are Richard Blumenthal of Connecticut, Maria Cantwell of Washington, Gary […]

Obama Secures Iran Nuclear Deal

By John Lee. US Democratic Senator Barbara Mikulski of Maryland has announced her support for the Iran nuclear deal, giving President Barack Obama the 34 Senate votes he needs to prevent Republicans from defeating the agreement. The number allows the President to veto a Republican resolution to disapprove of the deal, known as the Joint […]

Winners and Losers if Sanctions Lifted

By John Lee. An analysis by Fortune magazine lists the expected winners and losers from a lifting of sanctions on Iran. Winners EU automakers: Companies such as Germany’s Mercedes-Benz, and Peugeot and Renault of France, are identified as being well positioned to take advantage of Iran’s large market. Oil services companies: Iran says it needs […]