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Iran’s exports will not come down to zero

The US will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian official said. Iran’s Opec governor Hossein Kazempour Ardebili said that a “supply shortage” meant that the US would not be …

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US puts the squeeze on Iranian oil buyers

The world’s top oil buyers are discovering that US sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that India’s foreign minister said that the country won’t adhere to unilateral restrictions and will continue buying Iranian crude. …

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Where is Iranian society going?

By Sajad Abedi, Sirous Amerian, and Amir Pasandehpoor   Pay attention to the following trends in the community: urbanization, bureaucracy, size of social classes, the severity and weakness of civil institutions, the rate of political invasion and obstruction, abundance and economic recession, rule of law, and secularism, religiosity and separationist, trust and deregulation, …

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Iran unveils first domestic fighter jet

Iran has unveiled its first domestically designed and manufactured fighter jet named “Kowsar” during a defense show in Tehran. The aircraft conducted its first public display flight during Tuesday’s ceremony in the presence of President Hassan Rouhani, Defense Minister Brigadier General Amir Hatami and other senior military officials. President Rouhani …

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Iran builds new rotor factory for centrifuges

Iran’s nuclear chief says the country has completed the construction of an advanced factory specializing in the manufacturing of centrifuge rotors in order to enhance its uranium enrichment capacity without violating the limits set by the 2015 nuclear deal. Ali Akbar Salehi, the head of the Atomic Energy Organization of …

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Swiss rail company Matisa defies US with Iran deal

Iran’s state rail company has signed a memorandum of understanding with Switzerland’s rail tracks maintenance machines manufacturer Matisa for obsolescence management, Tasnim news agency reported on Wednesday. Under the MoU, Matisa will cooperate on overhaul and retrofitting of ballast cleaners, tampers and regulators as well as sourcing of 21 track machines …

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UAE rules out dialogue with Iran

The UAE on Friday ruled out dialogue with Iran, saying interference by Tehran and Turkey is destablising the region. “It is unlikely we will have a dialogue with Iran in light of them supplying missiles to Al Houthis (in Yemen) to launch attacks on Saudi Arabia,” Dr Anwar Gargash, Minister …

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All ‘foreign forces’ to leave Syria, Putin tells Assad

Russian President Vladimir Putin told Syrian President Bashar al-Assad Thursday that “foreign armed forces” would leave Syria, according to Syria’s state-run news agency, SANA. Assad was on a surprise visit to Russia. He and his counterpart hailed the beginning of the “political process” in Syria amid an ongoing “fight against …

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