Sanctions on Iran trade will ease this year as the International Atomic Energy Agency has confirmed Iran is minding the terms of its deal to curb its nuclear development program. That deal is meant to close off “every single path Iran had to building a bomb,” as...
Trade Data on Iran: Set to Regain Share in Petrochemicals
Iran is readying the ground for resumption of petrochemicals exports as the nuclear deal it’s struck with six world powers, including the US, calls for lifting the sanctions that have throttled the country’s sales abroad and shrunk its economy by 20%. As Platts...
Wild Card in Polyethylene Trade: Iran Sanctions
Market watchers trying to factor in Iran’s potential return to global markets in oil, gas and petrochemicals have no choice but to spin many an alternative scenario. Limited sanction relief provided by November 2013’s Geneva Interim Agreement has resulted in limited...