Home / Tag Archives: Iran (page 2)

Tag Archives: Iran

The Iran-Saudi/Arab Conflict and the Path to Peace

By Seyed Hossein Mousavian* New Delhi, Iranian ex-diplomat and former nuclear negotiator Hossein Mousavian has reviewed the path to maintain peace with Saudi Arabia and Arab countries. Mousavian recently addressed ‘West Asia Conference’ on Changing Security Paradigm in West Asia: Regional and International Responses which was held with the attendance of …

Read More »

Iran’s exports will not come down to zero

The US will find it difficult to cut Iran’s oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian official said. Iran’s Opec governor Hossein Kazempour Ardebili said that a “supply shortage” meant that the US would not be …

Read More »

Iran sanctions, US tariffs to impact oil prices

Oil is expected to remain volatile this quarter, and the next, as different factors pull prices in opposite directions, analysts say. On the supply side, sanctions on Iranian crude exports, and deeper production losses in Venezuela, are expected to push prices upwards but increased output from Organisation of the Petroleum …

Read More »

US puts the squeeze on Iranian oil buyers

The world’s top oil buyers are discovering that US sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that India’s foreign minister said that the country won’t adhere to unilateral restrictions and will continue buying Iranian crude. …

Read More »

France’s Total officially leaves Iran

Iran’s oil minister said on Monday that France’s Total has officially left Iran after the United States threatened to impose sanctions on companies that do business in the country, Iranian state TV reported. “The process to replace [Total] with another company is underway,” Bijan Zanganeh was quoted as saying, adding …

Read More »

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 »