Iran turning problems into opportunities, making billions of dollars under the guise of war
Kathmandu. Iran has turned the war with the US and Israel into an opportunity. The U.S. targeted military bases near the island of Kharg Iran, but did not directly target an oil terminal for fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and continues to supply China through the "ghost fleet".
According to the International Energy Agency and S&P Global, Iran exports between 17 and 2 million barrels of oil per day. About 90 percent of the country's oil exports still go through the Kharg terminal. The attack on the South Pars gas field has affected exports, but gas supply has not been completely stopped. Reports indicate that Iran is also levying a "war tax" of $2 million per ship on foreign ships passing through the Strait of Hormuz.
Express
Related News
Double-digit growth in NEPSE, turnover limited to 3 billion 29 million
Kathmandu. On the second trading day of the week, the NEPSE index increased by 16.37 points to 2619.99. During the day, 78 lakh 4 thousand 45 shares of 325 companies were bought and sold, and 3 billion 294 million shar...
Normal improvement in NEPSE: 4 billion 400 million turnover with an increase of 7 points
August 4, Kathmandu. There has been a modest increase in NEPSE. On Thursday, NEPSE increased by 7.17 points and stopped at 2629.40 points. Today, 95 lakh 766 shares of 345 companies were traded for 4 billion 40 crore 14 lakh 9 thousand 858 shares....
166 entities allowed to mine 16 types of minerals
Kathmandu. The Department of Mines and Geology has granted permission for the mining of 16 different types of minerals. According to the department, permission was given with the aim of supporting industrial production and economic growth by devel...
Hotel Park Land has applied to the Securities and Exchange Board for an IPO issue
Kathmandu. Hotel Park Land Limited has applied to the Securities Board for permission to issue IPO. The company has sought permission from the board to issue a total of 1.5 million shares at a marked rate of Rs 100 per share.
Citizens...
Kalanga Hydro's IPO will be distributed on Wednesday, how many will get shares?
Kathmandu. The IPO of Kalanga Hydro Limited will be distributed on Wednesday. Sanima Capital Limited IPO is being prepared for distribution on Wednesday morning in the company's Securities Issuance and Sales Manager. Capital informed that the dist...
The value of the US dollar increased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the exchange rate set for today, the value of the US dollar has increased again. According to the determined exchange rate, the buying rate o...



