Mohammad-Baqer Nobakht

Iran can use $100 billion of frozen assets

Iran can use $100 billion of frozen assets

Iran can access more than $100 billion in frozen assets abroad after the lifting of the sanctions, a government spokesman Mohammad-Baqer Nobakht said. A large portion of those funds was in banks in China, India, Japan, …

Iran has no plans to establish direct flights with US

Iran has no plans to establish direct flights with US

Iran has no plans to establish direct flights with the US, the head of Iran’s Management and Planning Organization, government spokesman Mohammad-Baqer Nobakht said. He noted that Iran can conduct flights to …

Iran sees oil price at $42-$50 to March 2017

Iran sees oil price at $42-$50 to March 2017

Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017, a government spokesman Mohammad-Baqer Nobakht said, expecting crude to stay in the current trading range. …