1032 GMT July 24, 2021
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President Hassan Rouhani will inaugurate the operation of pumping oil into strategic Goreh-Jask pipeline in southern Iran, once the piping project is completed in the near future, the CEO of the National Iranian Oil Company (NIOC) announced on Sunday.
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China's central bank said on Friday it will explore cross-border payments in digital yuan, and is willing to discuss setting global standards for digital fiat currency to jointly develop the international monetary system.
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OPEC+ ministers plan to hold their next meeting on Sunday to decide on output policy, three sources within the producers group told Reuters on Saturday.
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Economy Desk
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Oil prices rose on Friday but remained on track for their biggest weekly drop since at least May after expectations of more supply spooked investors.
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An Iranian deputy minister at the Ministry of Industry, Mine and Trade described neighboring Armenia’s market as a special opportunity for Iran’s small and medium-sized enterprises active in exporting foodstuff, home appliances and dried fruits.
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A South Korean newspaper said funds belonging to Iran and frozen in two bank accounts in the Far East country have been used to pay back debts to dozens of companies who had exported goods and services to Iran before it came under US sanctions in 2018.
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Iranian President Hassan Rouhani on Thursday inaugurated 37 projects, carried out by the Ministry of Roads and Urban Development and Ministry of Sport and Youth, via a videoconference.
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