Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits (CRE), has upgraded from 6 to 5 by the Organization for Economic Cooperation and Development (OECD).
According to the recent report of the Central Bank of Iran, Iran's economy grew 12.5% during April 2016 - March 2017 in comparison to the previous year, under an OPEC deal with the aim of eroding global inventories and lifting crude prices.
On 10 January 2020, in response to missile attacks by the Iranian military targeting two U.S. bases in Iraq, the United States Department of the Treasury, Office of Foreign Assets Control...