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Indian gov’t extends offering discount on cargo movement to, from Iran
The Indian Ministry of Shipping has extended the current concessional rate of 40 percent discount for coastal movement of cargo and vessel related charges (VRC), for a period of further one year to clients for cargo being handled at Jawaharlal Nehru Port and Deendayal Port from/to Shahid Beheshti Port, Chabahar, southeastern Iran.
Iran to increase overflight fee discounts to 50%
Iran’s Ministry of Road and Urban Development has submitted a proposal to the government’s economic commission to increase the discount of the overflight fees up to 50% in a bid to regain the lost revenues after the coronavirus pandemic hit the sector.
Iran denies reports on crude discount
A senior National Iranian Oil Company (NIOC) official has denied recent reports that Iran is considering a discount for foreign customers of its crude oil, noting that the Iranian crude is only sold at the official market price.
Oil discounts to be based on market norms: Zanganeh
Minister of Oil Bijan Namdar Zanganeh said after the removal of sanctions, any discounts in Iran's crude oil products would be based on global market norms.
Iran to offer discounts to oil customers
Iran plans to reduce its oil price in the Asian market to increase production quota and compete with Saudi Arabia and other major crude producers.
Germany gives Israel $382 million discount over missile boats deal
Germany has reversed an earlier decision to hold back a discount on missile boats to Israel over its settlement projects, agreeing to give Tel Aviv a USD 382 million (€300 million) discount.

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