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South Korea seeking to remove trade obstacles with Iran: Envoy

South Korean Ambassador to Tehran Jeong-Hyun Ryu said his country is seeking ways to remove trade obstacles which have been caused by US sanctions.

Iran’s oil refining capacity reaches 2mbd: ORICA

Iran’s oil refining capacity is currently at two million barrels per day, said the secretary general of Iran’s Oil Refining Industry Companies Association (ORICA).

Iran Parliament speaker urges budget reform

Iran’s Parliament speaker described petrodollars as an unreliable source of income, calling for a budget reform plan with new sources of revenue.

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