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New Steel Mill to Offset Russian Halt to Iran Sales

Iran’s opening of a new steel mill in central Isfahan last month will offset a cut in sales of hot-rolled (HR) steel coils in the face of looming unilateral US sanctions, officials say.

Rouhani: Sanctions target ordinary Iranians; US isolated

President Hassan Rouhani says new US sanctions are aimed at targeting the Iranian nation, adding the plan has made Washington more isolated than ever, even among its allies.

Official: US unlikely to allow aircraft service for Iran

A top US official has made clear that the US government is unlikely to issue any licenses that would allow companies like Airbus and ATR to continue supporting aircraft in service with Iranian airlines.

US softens stance on Iran sanctions amid warnings

The US has softened its stance on new Iran sanctions after warnings that a possible face-off between the two countries would push oil prices back into the triple digits.

Iran slams 'psychological war' to disrupt ties with Europe

Iran has hit out at a "psychological war" targeting its ties with Europe after reports that Iranian assets in Germany had been frozen ahead of a US deadline to reimpose sanctions on the Islamic Republic.

Iran plans private-sector oil sales to thwart US sanction: First VP

Iran's first vice president says the country is considering oil exports by the private sector in a bid to thwart forthcoming US sanctions, which mostly aim to curtail the Islamic Republic's revenues by blocking its crude oil exports.

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