The European Special Purpose Vehicle will enable Tehran to carry out non-dollar trade with the EU in defiance of US sanctions

Japan, North Korea and China are among the eight nations exempted from oil sanctions against Iran that came into force on November 5

A US judge found that ZTE Corp had breached US export control laws. The telecoms equipment manufacturer was already under probation for previous non-compliance with US sanctions

Chinese telecommunications group ZTE has pleaded guilty to violating US sanctions after selling US-made goods to North Korea and Iran

In one of its first major transactions since international sanctions were lifted, Iran plans the purchase of 114 Airbus aircraft

A historic deal will see Iran limit nuclear activity in exchange for the lifting of economic sanctions. If the right precautions are taken, now could be an ideal time to invest in the country, writes Erfan Ghassempour

Iran’s President Hassan Rouhani spoke eagerly at the WEF meeting in Davos today of his desire to expand Iran’s global presence and economic growth