27 Nov 2024
Thursday 25 April 2013 - 09:27
Story Code : 25818

Fear of price hikes prompts Iranians to stock up

Iran news headlines on Wednesdayinclude increasing food price in Iran;arrivalofRussia special envoy in Tehran for discussing regional issues;Iran calling for establishment ofnuclear free Middle East;4.9 magnitudequakestrike intwo provinces of Iran and India fall ofoil imports from Iran by 26.5%.
 
Iran cooking oil price surges after currency rule change
Iranian meat and cookingoil pricessurged after the government stopped providing foreign currencies at a preferentialexchange rateto importers of essential goods, the Tehran-basedSharghnewspaper and other local media reported.

 
Russia special envoy visits Tehran to discuss regional issues
Russian President Vladimir Putins special envoy for the Middle East has arrived in the Iranian capital, Tehran, to discuss regional developments with Iranian officials.

Mikhail Bogdanov, who is also Russias deputy foreign minister, arrived in Tehran with his entourage on Wednesday.

 
Iran renews call for N. free Middle East
Iran warned nations about the major threat posed by Israels nuclear arsenals to global peace and security, and once again called for the establishment of a nuclear-free Middle East.

 
Earthquake hits two provinces of Iran
An earthquake took place near the Gulpaygan city in Iranian province of Isfahanat 07:39 (local time) on Wednesday, ILNA news agency reported.

According to the seismological service of the Tehran University, the earthquake measured 4.9 on the Richter scale.

 
Indias Iran oil imports plunge 26.5 pct in FY13 trade
India cut crude imports fromIranby 26.5 percent in the year ended March 31, data from trade sources showed, as buyers struggled with insurance and payment problems created by sanctions that now threaten to halt purchases altogether.

India, the worlds fourth-biggest oil importer, relies on imports for 80 percent of its crude needs and has struggled to wean itself off Iranian supplies under pressure from western sanctions that target Tehrans disputed nuclear plans.

 

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