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11:06 AM
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The Biden administration wants to tighten the screws on Iran’s oil sales to neutralize its support for militants in the Middle East. But squeezing too hard risks inflicting higher prices on both a sluggish global economy and President Joe Biden’s looming election rematch with Donald Trump.
Shastan Trading Investment Company, a major holding with many subsidiaries active in oil, gas, refining and petrochemical fields, was accepted in the Tehran Stock Exchange (TSE), which is Iran’s main stock exchange, on Monday, the Public Relations Department of TSE reported.
The new Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Samad Hassanzadeh has said that considering the country’s capacities Iran’s economy can grow by 2.5 times the current level but the necessary conditions should be provided.