Oil prices will be buoyed by continued regional tensions and conflicts. FXTM Vice President of Market Research Jameel Ahmad comments on the oil benefits from the Iraq conflict.

Oil benefits from Iraq conflict, US Iran tensions

WTI Crude Oil is attempting to maintain itself above $50, with traders encouraged to enter buying positions following the news of a conflict in"...

Iranian President Hassan Rouhani said on Wednesday that his country is ready to enhance relations with Uzbekistan and meet Uzbekistan’s energy needs.

In a meeting with Uzbek Foreign Minister Abdulaziz Komilov in Tehran on Wednesday, Rouhani said historical bonds between the two nations, along with cultural and civilizational commonalities, as well as common national and regional interests have brought the two countries closer together despite"...

Around 8 p.m. on Oct. 15, an Iranian general from the powerful Islamic Revolutionary Guard Corps (IRGC) accompanied by Iraqi Commanders Abu Mahdi al-Muhandis and Hadi al-Ameri sat down with the Kurdish commanders in Kirkuk. The IRGC commander, known only by his surname, Eqbalpour, who works closely with Quds Force chief Qasem Soleimani, told the Kurds to give up the city peacefully. “If you resist, we will crush you and you will lose everything,” the general warned the peshmerga commanders, a source with intimate"...

Iran’s local experts have acquired such advanced technical expertise in the production of missiles that the country’s missile industry would not be brought to a halt under any foreign sanctions whatsoever, commander of the Islamic Revolution Guards Corps Aerospace Force said.

Speaking at a cultural ceremony in the city of Qom on Monday, Brigadier General Amir Ali Hajizadeh said the production of missiles in Iran will never come to a"...

T he Vice Presidency for Science and Technology has established a new task force called ‘ICT Committee’ to promote investment in information technology companies.

Pointing to the plan to foster the domestic ICT sector the committee’s director, Mehdi Faqihi, says, “There should be a balance between investment in telecoms and IT businesses. It is high time for the latter to receive its fair share,” CITNA reported.

(AETOS Wire)-- The fourth edition of the prestigious World Branding Awards saw 245 brands from 32 countries named “Brand of the Year” in a glittering ceremony held in the main entrance and Orangery at Kensington Palace today.

Global tier winners included Apple, Beijing Tong Ren Tang, BMW, Cartier, Club Med, Coca-Cola, Facebook, Google, Lego, L'Oréal, Louis Vuitton, McDonald's, Nescafé,"...

The Iranian government has ruled out possibility of taking any unilateral action against the Kurdistan Region and in response to September independence referendum, said Iranian Minister of Foreign Affairs, Mohammad Javad Zarif.

The official made the remarks while attending a parliamentary session in Tehran on Wednesday to discuss Kurdistan Region’s independence vote, to which over 72% of people voted in favour of statehood.

He"...

T he government spokesman has announced that the administration is against any irrational devaluation of rial against the US dollar since its policy is to manage the rates of foreign currencies in a floating system.

Mohammad Baqer Nobakht was responding to reports that accuse the government of pushing up the rates of US dollar and gold coins in the domestic market to fix its hefty budget deficit.

“The"...

I ran's top diplomat said Tehran will continue to promote dialogue in West Asia and work toward a regional security arrangement, believing they allow for 'win-win' solutions to address lingering standoffs and security challenges in the region exacerbated by the meddling of outside powers and the wrong approach of their regional allies.

In an article published by the Atlantic magazine on Monday, Foreign Minister Mohammad Javad Zarif said"...

Hawkamah, the Institute for Corporate Governance, signed an MOU with the Saudi Governance Centre at the Emirates Palace in Abu Dhabi. The event took place during the UAE–Saudi Business Forum that aims to bring leaders, government employees and decision makers together in order to increase economic and investment opportunities.

The agreement between the two organisations will see them share information, training programs and research projects"...