China can continue to buy Iranian oil, US President Donald Trump said Tuesday in what appeared to be relief for Tehran from sanctions Washington has previously imposed to punish the trade. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from...

The duty-free sector in Syria is witnessing a worsening crisis that threatens the future of hundreds of employees. This comes after the appointment of Muhammad Issa as a judicial guardian of the company, while Muhammad Hamdoun remains as General Manager and Murshid al-Ar remains his deputy....

At the height of the economic crisis that swept Syria before the fall of Assad, while citizens stood in long lines to obtain a few liters of fuel, the threads of an organized corruption network for smuggling and stealing petroleum products were exposed. Operating under the guise of "Friends'...

The "US-Syria Business Council" was established in Washington, D.C., on Saturday, as an independent, non-profit, and non-political organization, according to an official statement. The council, which includes businessmen and legal and economic advisors from both sides, presents itself as a...