Economic sanctions on Iran

Iran boosts oil output, foreign firms keen to seal deals

Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation.

Jan 19, 2016, 02:45 AM IST

US to pay Iran $1.7 bn in debt and interest: John Kerry

The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John Kerry said Sunday.

Jan 18, 2016, 00:41 AM IST

Iran to buy 114 jets from Airbus - Tasnim news agency

Iran plans to buy 114 civil aircraft from European aircraft maker Airbus, the transport minister was quoted as saying on Saturday, ahead of the anticipated lifting of international sanctions on Iran.

Jan 17, 2016, 00:49 AM IST