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A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for bribing foreign public officials in a case related to Iranian contracts in 1997.

The United States has given Iraq a 90-day extension to the initial 45-day waiver allowing Baghdad to continue imports of electricity from Iran after the U.S. sanctions on Tehran returned, the U.S. State Department.

Member of Iran's Chamber of Commerce delegation reported that China's Kunlun Bank has resumed its banking relations with Iran.

Switzerland is close to launching an initiative to let companies sell food, medicine and medical devices to Iran using a payments channel that would be the first such mechanism to win Washington’s approval since it reimposed sanctions against Tehran.

India will deposit payments for crude oil imported from Iran into escrow accounts of five of their banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome U.S. sanctions, according to people with knowledge of the matter.

South Korea did not import any Iranian oil for the third straight month in November, customs data showed on Saturday.

In November, India imported about 276,000 bpd of Iranian oil and Tehran became the sixth biggest supplier of New Delhi.

German exports to Iran soared in October, a month before the United States re-instated sanctions on the Islamic Republic to choke its oil and shipping industries.

Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at 30 cents above the Platts Oman/Dubai average for January, $1 lower than the previous month.

Secretary of Iran's Supreme Council of Cyberspace reported that several measures for regulating cryptocurrencies are underway in the government.