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Iran to accept payment in gold from trading partners

Iran to accept payment in gold from trading partners

Iran will take payment from its trading partners in gold instead of dollars, the Iranian state news agency IRNA quoted the central bank governor as saying on Tuesday.

February 29, 2012 1:45
 
Exxon breaks silence over Kurdistan oil talks

Exxon breaks silence over Kurdistan oil talks

Exxon Mobil has disclosed its plans to explore for oil in Iraq's Kurdistan in the company's annual report, breaking months of silence over the investment that has outraged Baghdad.

February 28, 2012 2:36
 
Oil producers tell G20 they will help avoid price pain-Italy

Oil producers tell G20 they will help avoid price pain-Italy

Oil-producing members of the Group of 20 leading economies said on Saturday they would take measures to avoid a rise in petroleum prices from hurting the world economy, an Italian government official said.

February 26, 2012 11:30
 
India not halting insurance cover on exports to Iran

India not halting insurance cover on exports to Iran

India' export guarantee agency has not stopped giving insurance cover to shipments to Iran and has only tightened criteria as part of a more cautious approach, official sources said on Friday, as western sanctions make trade with Tehran tougher.

February 25, 2012 12:29
 
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