China competes with US dollar through Petro-yuan and talks trading gold with Iran in exchange for oil supply. Bitcoin slides further to less than $8,000.
Interest rates spike through the roof and hit a new record high at 3.11%. As the U.S. cuts ties with Iran, the latter wants to divert...
Iran developed its national steel industry development program in 2015, with the goal of increasing its capacity to 55 million metric tons by 2025.
After Trump renewed Iran sanctions, crude oil prices might increase further and even reach $100 per barrel. Bitcoin's price plunges to $8,500.
Crude oil is the lifeblood of industrialization because it fuels up machines and modes of transportation that carry commodities all around the world.
Iran's oil and gas companies are now up for bidding by foreign investors and companies.