US new sanctions aim to threaten food security in Iran

US new sanctions aim to threaten food security in Iran

   Reported by HPMM Group according to the mehr news ; Iranian deputy minister of agriculture said the main goal of the Trump administration for imposing the recent sanctions on Tehran is to threaten food security and people’s livelihood in the country. Hossein Shirzad added that the US officials have made a false claim that financial transactions for […]

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US Plans to Announce New Set of Sanctions Against Iran

US Plans to Announce New Set of Sanctions Against Iran

 Reported by HPMM Group according to sputnik ; The Trump administration is reportedly expected to announce additional sanctions on Iran within the coming week, targeting new sections of the Iranian economy. The Trump administration plans to target a new sector of the Iranian economy with a package of sanctions to be introduced on Wednesday, two senior administration officials told Axios news portal, speaking […]

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What if Iran Retaliates and Shuts Down the Strait of Hormuz?

What if Iran Retaliates and Shuts Down the Strait of Hormuz?

Some 18 million barrels of oil transit through every day. The economic impact would be catastrophic. Reported by HPMM Group according to the american conservative  ;   The effort on the part of the Trump administration to shut down Iran’s ability to export oil is predicated on the false notion that the rest of the world will fall […]

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Govt apprehensive Trump administration’s sanctions on Iran could boost oil prices, inflation

Govt apprehensive Trump administration’s sanctions on Iran could boost oil prices, inflation

 Reported by HPMM Group according to Firstpost  ;    Washington: US sanctions on Iran could boost oil prices and inflation to a point that hurts the common person in India, the country’s ambassador to the United States said on Tuesday, after the Donald Trump administration said it would end waivers for Iran’s oil buyers. President Donald Trump’s efforts […]

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Norway seeks enhanced economic coop. with Iran: deputy FM

Norway seeks enhanced economic coop. with Iran: deputy FM

 Reported by HPMM Group according to MEHR NEWS  ;  Norway hopes the new financial mechanisms, such as INSTEX, will help further boost the level of cooperation between Tehran and Oslo in various economic fields, the Norwegian deputy foreign minister said on Monday. Tore Hattrem made the remarks during the 9th round of Iran-Norway Political Consultations meeting in […]

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US displays ‘schoolyard bullying’ by re-imposing bans on Iran: official

US displays ‘schoolyard bullying’ by re-imposing bans on Iran: official

Reported by HPMM Group according to MEHR NEWS  ; A senior Iranian oil official said that the White House’s re-imposition of sanctions on Iran was US’s “schoolyard bullying” reaction to the new balance of power in the world. “The idea that some countries can offset shortages caused by removing Iran’s crude oil from the market is both politically […]

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Iran sanctions, unrest hit Mideast growth: IMF

Iran sanctions, unrest hit Mideast growth: IMF

Reported by HPMM Group according to DAILY MAIl  ; US sanctions on Iran, rising unrest in the Middle East and North Africa and oil price volatility are dragging regional economic growth, the International Monetary Fund said Monday. The IMF warned in a bi-annual economic outlook report that prospects for the region are “clouded by elevated levels of […]

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What Oil at $100 a Barrel Would Mean for the World Economy

What Oil at $100 a Barrel Would Mean for the World Economy

(Bloomberg) — Surging crude prices are posing another headwind for the world economy after President Donald Trump’s “zero” pledge on Iran oil sales.   Reported by HPMM Group according to INVESTING.COM  ; Brent crude has risen about 40 percent this year and is at the highest in six months. While higher prices due to strong demand typically reflects a […]

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IMF sees risk of 50% Iran inflation on more US sanctions

IMF sees risk of 50% Iran inflation on more US sanctions

DUBAI: Tighter U.S. sanctions against Iran could fuel inflation to the highest level since 1980, according to the International Monetary Fund, as the Islamic Republic’s economy grapples with a weakening currency and tighter U.S. sanctions on oil exports. Reported by HPMM Group according to THE STAR ONLINE  ;  Consumer prices could average 50 percent higher this year […]

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Some $838m worth of flood damage inflicted to Iran’s roads: minister

Some $838m worth of flood damage inflicted to Iran’s roads: minister

 Reported by HPMM Group according to MEHR NEWS   ;  Minister of Roads and Urban Development Mohammad Eslami said that recent flood across the country has inflicted some 35.2 trillion rials ($838 million) worth of damage to the country’s roads and railways. He made the remarks while briefing the Parliament on flood damages in a Sunday open session. Eslami […]

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