TEHRAN (FNA)- Iranian Industries and Mining Minister Ali Akbar Mehrabian said his country’s crude steel production capacity will reach 15.5 million tons by the end of the current Iranian calendar year (ending March 20, 2009).
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Iran Plans No More Floating Oil Storage Sales
TEHRAN (FNA)- Iran has no plans to sell any more of the oil it holds in floating storage off its southern coast, a top Iranian oil official said in remarks published on Tuesday.
Read More »Iran Blames Weak Dollar for Surge in Oil Prices
TEHRAN (FNA)- Thirty percent of the increase in the price of oil is because of the decrease in the value of the dollar, Iranian Foreign Minister Manouchehr Mottaki said.
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