Home / Tag Archives: Iran

Tag Archives: Iran

Oil up on Iran sanctions

Crude oil prices rose more than 1.0 per cent on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline as investors worried that global trade disputes could slow economic growth and hurt demand for energy. Benchmark Brent crude oil settled 74 …

Read More »

Europe: World must hold end of bargain with Iran

The European Union says the international community has an obligation to maintain economic relations with Iran, despite the United States’ unilateral withdrawal from a multilateral deal with the Islamic Republic that could hamper such relations. Referring to a 2015 deal between Iran and originally six world powers, EU foreign policy …

Read More »

Kuwait’s oil minister expects stable oil market

Kuwait’s oil minister, Bakhit Al Rashidi, said on Wednesday that the global oil market was approaching stability based on the current oil production levels after the recent Opec and non-Opec agreement to boost output. “It is clear today based on the current level of production that we are approaching a …

Read More »

Oil heads for a fourth weekly drop

Oil was poised for a fourth weekly decline as the unexpected halt in Saudi shipments through a Red Sea waterway failed to add a significant risk premium to prices, while concerns lingered over how the US-China trade spat will affect demand. US futures headed for a 1.4 per cent decline …

Read More »

Trump to Iran: ‘never, ever threaten’ US again

President Donald Trump on Sunday warned Iran of consequences “the likes of which few throughout history have ever suffered,” if it threatens the United States. “NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE,” he said …

Read More »

Iran builds new rotor factory for centrifuges

Iran’s nuclear chief says the country has completed the construction of an advanced factory specializing in the manufacturing of centrifuge rotors in order to enhance its uranium enrichment capacity without violating the limits set by the 2015 nuclear deal. Ali Akbar Salehi, the head of the Atomic Energy Organization of …

Read More »

Swiss rail company Matisa defies US with Iran deal

Iran’s state rail company has signed a memorandum of understanding with Switzerland’s rail tracks maintenance machines manufacturer Matisa for obsolescence management, Tasnim news agency reported on Wednesday. Under the MoU, Matisa will cooperate on overhaul and retrofitting of ballast cleaners, tampers and regulators as well as sourcing of 21 track machines …

Read More »

Nukes: Intentions Matter More Than Weapons

by Graham E. Fuller   The fascinating, elaborately choreographed diplomatic pas de deux in Singapore between Donald Trump and Kim Jong Un mesmerized the world over two days. Most pundits look at the (perhaps more than) half empty glass of water on the table. Indeed, most Democrats and all Trump-haters …

Read More »