Economy of Iran: GK, Current Affairs, Questions, Trivia and News

Iran considering to leave NPT: Zarif

Iranian Foreign Minister has stated that it can also consider quitting the nuclear treaty which was signed to stop the spread of nuclear weapons as the US administration has tightened the sanctions on Iran. Tensions between the US and Iran have further risen ever since the Trump administration has pulled out from the Iranian Nuclear ..

US General McKenzie to ensure resources for tackling Iran

The Chief of US Central Command General Kenneth McKenzie has stated that the US will deploy the needed resources for tackling all the actions taken by Iran. In an official quote to the Sky News Arabia, McKenzie stated, “We’re going continue to reach out to our partners and friends in the region to ensure that ..

Oil Prices hiked in Turkey over US sanctions on Iran

US decision to re-impose economic sanctions on the Iranian Republic will hit Turkey hard next week as the waiver to continue to buy oil from Iran expires. Turkey which is an energy-hungry nation will have to suffer the aftermath of the unilateral decision taken by the US administration. Turkey was among the eight nations which ..

Iran declares US Army as “Terrorist” Organisation

Iran declares US Army as “Terrorist” Organisation thus marking a major retaliatory step within weeks of US declaring elite Iran’s Islamic Revolutionary Guard Corps as a terrorist outfit. The approval of the Bill in the Iranian Parliament has come one day after the Trump administration has further intensified pressure on Iran by announcing that no ..

US all set to label Iran’s RGC as a terrorist outfit

The United States of America is all set to designate Iran’s Revolutionary Guard Corps as a terrorist organisation as per the reports which appeared in the Wall Street Journal. It will mark as a first time in the world history that Washington has labelled the army of another country as a military organisation. The move ..

United States imposes toughest ever sanctions on Iran

On November 5, the United States imposed the toughest ever sanctions on Iran aimed at altering the Iranian regime’s “behaviour”. The sanctions cover Iran’s banking and energy sectors and reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports. However, 8 countries – India, China, Italy, Greece, ..

India, Afghanistan and Iran hold their first trilateral meeting on Chabahar port project

India, Afghanistan and Iran has recently hold their first trilateral meeting on Chabahar port project in Tehran during which they reviewed its implementation. The Indian delegation was led by TS Tirumurti, Secretary (Economic Relations). The Afghan and Iran delegations were led by respective deputy ministers of Transport. The meeting assumes significance as the strategically-located port ..

Joint Comprehensive Plan of Action

Joint Comprehensive Plan of Action or JCPOA is an agreement of China, France, Germany, Russia, the UK, the US and the European Union (EU) with Iran signed in 2015. Features of the pact: As per the agreement, Iran agreed to make certain changes to its nuclear programme to ensure it does not threaten the regional stability. In ..