shana - Iranian Minister of Petroleum Bijan Zangeneh said despite the fact that among the oil-exporting countries in the region, Iran's budget was the least dependent on petrodollars, the macroeconomic policy of the country is to reduce the dependence of the budget on oil revenues." According to ICANA, Mr. Zangeneh, said the administration was seeking ...

FNA- Secretary of Iran's Supreme National Security Council (SNSC) Ali Shamkhani felicitated the Iraqi government and nation over the liberation of Mosul, and said security cannot be purchased by petrodollars. "The stunning success of the resistance stream in Iraq and Syria showed that security is not a good which can be bought by petrodollars and ...

Press TV- A report by a leading Iranian newspaper says the country has at least $18 billion still blocked in China in what appears to be a result of complications related to previous sales of oil to Beijing during the years of sanctions. The report by the Persian-language newspaper Sharq said the amount had been announced by Ali Kardor, the ...

Shana Head of the Plan and Budget Organization Mohammad-Baqer Nobakht says the revenues gained out of oil sale will be spent on development projects. "Government's policy has been based on spending petrodollars on development projects," said Nobakht, who is also government spokesman, in a televised address late Saturday. Nobakht said environment ...

Irans foreign minister says the Saudis have long spent their petrodollars to export the extremist Wahhabi ideology, a death cult inspiring terror groups, emphasizing that the regime cannot continue to play theIran card to keep its allies on board in this folly. In a New York Times op-ed published on Wednesday, Mohammad Javad Zarif said virtuallyevery ...

QOM (Tasnim) Senior Iranian cleric Ayatollah Hossein Nouri Hamedani slammed Riyadh for its continued crimes against the Muslim people in the Middle East region, saying that the Arab countrys petrodollars is used in line with Israeli plots against Muslims. Throughout the history, all monarchies have been fake and that the Al Saud is the trash of ...

TEHRAN, Sept 04 (Shana) Minister of Energy Hamid Chitchian said on Saturday that gone is the era of oil rich regions' reliance on petrodollars and one should rely on domestic potential to build a better future. Chitchian made the remarks in a joint meeting with his Algerian Counterpart Noureddine Bouterfa. He said Iran and Algeria should abandon ...