Italy signs EU’s biggest ever credit deal with Iran

Iran and Italy have signed a major framework credit agreement worth €5 billion which Tehran says is the biggest ever such agreement signed with a European country.   Iran and Italy have signed a major framework credit agreement which will be used to provide funds for development and industrial projects…

First European country resumes buying Iranian oil

Greece has reached an agreement with top officials from Iranian Petroleum Ministry to become the first European country to resume oil imports from Iran. Under the terms of the agreement, Greece will buy 25% of its oil needs from Iran. The agreement was signed on Friday by Deputy Petroleum Minister…