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The threat of the sanctions had already caused a decline in oil exports, damaging the economy, although the announcement of waivers may prevent a further decline in the near term.
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DOI: 10.1108/OXAN-DB239747
ISSN: 2633-304X
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For Iran, this preparation involves implementing restrictions on its nuclear facilities, while for the EU and the United States this means adopting the necessary legislation to…
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DOI: 10.1108/OXAN-DB206021
ISSN: 2633-304X
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Representing a victory for international diplomacy, the deal promises to resolve a 13-year stand-off between Iran and the West, and pave the way to Iran's reintegration into the…
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DOI: 10.1108/OXAN-DB200987
ISSN: 2633-304X
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Following the removal of sanctions last month, the government is looking to the return of foreign direct investment to kick-start an economic recovery. However, its ambitions to…
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DOI: 10.1108/OXAN-DB208171
ISSN: 2633-304X
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US sanctions are nevertheless causing major difficulties for importers. Even for trade that is technically exempt from sanctions, notably food and medicines, a lack of financial…
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DOI: 10.1108/OXAN-DB241775
ISSN: 2633-304X
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The long-running weakness of the lira, which accelerated this month, has forced up prices and market interest rates, depressed asset values, dampened confidence in the economy and…
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DOI: 10.1108/OXAN-DB233743
ISSN: 2633-304X
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Crown Prince Mohammed bin Salman has started 2021 with a series of bold initiatives to give fresh impetus to visionary investment plans, after a pause because of reputational…
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DOI: 10.1108/OXAN-DB259044
ISSN: 2633-304X
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Prospects for Iran to end-2019.
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DOI: 10.1108/OXAN-DB244588
ISSN: 2633-304X
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Iranian officials appear to have been caught off guard by the collapse in oil prices. The draft budget for the fiscal year 2015-16 (March-March) was presented to the legislature…
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DOI: 10.1108/OXAN-DB197101
ISSN: 2633-304X
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IRAN: A trade mechanism will provide symbolic boost