Iran State Oil Company’s Bank Accounts Reportedly Frozen over Debt
9 Articles
9 Articles
(Cairo=Yonhap News) Correspondent Kim Sang-hoon = Iran's National Oil Company (NIOC) debt is snowballing amid the war between the U.S., Israel, and Iran, which has entered its sixth month...
In Iran, the state-owned Industrial and Mining Bank has reportedly frozen the bank accounts of the National Iranian Oil Company due to its debts.
A severe blow to the Iranian regime's pocketbook, according to a report on the Saudi Al-Arabiya channel, the bank accounts of the National Iranian Oil Company, which manages all of the country's oil drilling and exports to the international market, have been frozen due to heavy debts. The Industrial and Drilling Bank, the government bank through which Iran concentrates funds for oil and gas exploration and drilling from internal and external sou…
Iranian State-Affiliated Media Alleges Powerful Network Seeking Control Over Oil and Currency Markets
A report by Bulletin News claims an influential economic-political network has expanded its reach into Iran’s oil sector, regulatory bodies, and foreign financial operations amid ongoing corruption concerns. A report published by the Iranian website Bulletin News (Bolten News) has alleged the existence of a powerful economic-political network that has steadily expanded its influence across Iran’s oil industry, financial institutions, regulatory …
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