Retaining Iran’s economic resilience under pressures

Retaining Iran’s economic resilience under pressures

Iran's "resistance economy" sharply contrasts with Western economic paradigms for development, prioritizing individual well-being and social engagement over macroeconomic indicators.

Minister: Reducing Iran Oil Exports Pipe Dream  - Iran Front Page

Iranian Oil Minister, Mohsen Paknejad, emphasized that the US threats to reduce the country's crude oil exports are nothing more than a pipe dream that will never materialize.

Oil futures closed lower this Friday (28), returning Thursday's gains (27), after the round of economic data in the USA intensified risk sentiment on the New York and European stock exchanges. The movement puts geopolitical tensions in Europe and the Middle East in the background, where Israel bombed the capital of Lebanon. On the New York Mercantile Exchange (Nymex), the WTI oil contract for May fell 0.80% (US$ 0.56), closing at US$ 69.36 a bar…

Trade war concerns and heightened US policy uncertainty are weighing heavily on the sentiment in the oil market. It closed lower today, but rose on a weekly basis.

Oil prices rise for third week amid pressure on Venezuela, IranOil prices rose for a third week in a row amid US pressure on Venezuela and Iran. Investors fear a trade war could dampen demand, but US oil inventories fell.

Oil prices were heading for a third weekly gain on Friday because the U.S. increased pressure on Venezuela and Iran, although concerns over whether Washington’s tariff war could slow down demand weighed on the markets. By Reuters At 1235 GMT, Brent crude futures remained stable at $74.03 a barrel, and U.S. Intermediate West Texas crude futures rose by 1 cent to $69.93 a barrel. Both contracts have won about 2.5 percent over the past week, and ha…