The US has again extended a waiver allowing Iraq to import Iranian electricity and natural gas despite US sanctions, a US State Department spokesman said Wednesday. “The US has granted Continue Reading
At the onset of the Syrian uprising in 2011, Iran started lending its longtime ally, the Bashar al-Assad regime, through a credit line to help it survive the wave of Continue Reading
The United States is inclined to extend the waiver to Iraq to continue importing electricity and natural gas to Iran, which are vital to Iraq’s energy needs, three senior Iraqi Continue Reading
Iran awarded a $1.3 billion contract to a domestic company for improved oil recovery at two onshore oil fields in the southwest part of the country, oil minister Bijan Zanganeh Continue Reading
The collapse of Iran’s gas industry has put the country in a situation where, in addition to a significant reduction in gas exports, inside Iran, citizens are also facing a Continue Reading
Iran has not taken further steps to violate its 2015 nuclear deal with world powers since it renounced last month all restraints imposed by the agreement, the head of the Continue Reading
As the deadline for the U.S. to renew its waiver on Iraq importing gas and electricity from Iran approaches later this month, the three key players in this ongoing geopolitical Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei attends a public gathering ahead of the 41st anniversary of the Islamic revolution, in Tehran, Iran February 5, 2020. U.S. President Donald Trump’s peace Continue Reading
The Trump administration’s decision to lift sanctions on affiliates of China’s biggest shipping company may not be a sign the US “maximum pressure” campaign on Iran is weakening, but shows Continue Reading
Aside from becoming the number one petrochemicals powerhouse in the Middle East within the next three years, Iran’s priorities in the current U.S. sanctions environment is to increase its production Continue Reading
A decision by the United States to lift sanctions on one of two units of the Chinese tanker company COSCO was not a sign that the Trump administration was letting Continue Reading
Iran’s Deputy Atomic Energy Organization Director Ali Asghar Zarean made a key, provocative announcement on Saturday, saying the Islamic Republic has now passed the low uranium enrichment threshold for a Continue Reading
Due to the U.S. sanctions on Iran, Tehran is unable to use or transfer US$5 billion in revenues it has received from Iraq for supplying natural gas and electricity to Continue Reading
After another flare-up of public protests, the Iranian establishment is working to mend internal rifts that have broken into the open as it faces greater pressure than at any point Continue Reading
Washington’s move to ban Iranians from U.S. trade and investment visas has generated plenty of headlines, but the move is largely meaningless and should not be considered an intensification of Continue Reading
A motion for Iran to quit the nuclear Non-Proliferation Treaty (NPT) was introduced in parliament on Tuesday, the assembly’s news site ICANA reported, in a move that appears to raise Continue Reading
Following the new wave of cold weather blanketing Iran in recent weeks, natural gas consumption by the Iranian households has hit new record highs, ringing warning bells about possible problems Continue Reading
The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort to clamp down on the Continue Reading
New US sanctions aimed at shutting down illicit petroleum and petrochemical trade between Iran and China will not substantially impact China’s status as the top importer of Iranian crude, with Continue Reading
There is a lot more to last week’s decision by the U.K., France, and Germany to trigger the dispute resolution mechanism in the 2015 Joint Comprehensive Plan of Action (JCPOA) Continue Reading
The United States on Thursday said it blacklisted two companies based in Hong Kong, one in Shanghai and one in Dubai for helping Iran’s state-owned National Iranian Oil Company (NIOC) Continue Reading
Iraq may have serious problems in securing its energy needs if the United States doesn’t extend a waiver for an Iraqi bank to process payments for Iraq’s imports of electricity Continue Reading
Iran said on Monday it could quit the global nuclear Non-Proliferation Treaty (NPT) if European countries refer it to the U.N. Security Council over a nuclear agreement, a move that Continue Reading
An Iranian lawmaker announced a 3 million dollar award to “whoever kills Trump”, Iranian semi-official News agency reported. “On behalf of people of Kerman province, we will pay 3 million Continue Reading
Over and above its OPEC+ deal quota – with which it has only ever been marginally acquainted, at best – Iraq’s ambition to dramatically increase its oil production is now Continue Reading
Iran said on Monday that it had not closed the “door to negotiations” in efforts to resolve a dispute over its nuclear agreement with world powers that has escalated steadily Continue Reading
Iranian Foreign Minister Mohammad Javad Zarif will not attend the World Economic Forum’s annual meeting in Davos this week because its organizers had “abruptly changed its agenda”, its foreign ministry Continue Reading
Iran’s steps in reducing commitments to the 2015 nuclear deal are over, Iran’s Foreign Minister Mohammad Javad Zarif said on Monday, according to the parliament’s news site ICANA. “The steps Continue Reading
Iran’s economy could contract by as much as 14% this year as US sanctions strangle its oil exports and cut revenues by $50 billion, US State Department Iran envoy Brian Continue Reading
Iran’s supreme leader threw his support behind the elite Revolutionary Guards in a rare sermon on Friday after their belated admission that they had accidentally downed an airliner triggered days Continue Reading
The central achievement of the Iran nuclear deal – keeping Tehran at arm’s length from nuclear weapons – is eroding. The 2015 accord’s many restrictions on Iran’s atomic activities were Continue Reading
The U.S. Treasury Department said on Thursday it will allow for a 90-day period to wind down transactions in certain sectors of Iran’s economy hit with fresh U.S. sanctions last Continue Reading
Prices of consumer goods in Iran, including food, have risen sharply in the past few years as the country faces sanctions from the United States and its allies. The Trump Continue Reading
Footage from a human rights advocacy group appeared to show police firing tear gas at protesters in Tehran. WSJ’s Sune Rasmussen explains why some Iranians took to the streets after Continue Reading
Iran’s auto production has declined on the back of difficulty in sourcing parts, according to Fars News Agency. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
With tweets of solidarity in Farsi and technological tools to circumvent internet shutdowns, U.S. President Donald Trump might be close to exhausting his options to support Iranian protesters rising up Continue Reading
It sounds counterintuitive and counterlogical, but there is a possibility that if the current government of Iran is toppled, crude oil prices could drop to $40 a barrel. That’s according Continue Reading
The Trump administration’s threat to impose auto tariffs on Europeans if they failed to call out Iran on nuclear deal underscores the tumult in the transatlantic relationship. (Saul Loeb/AFP/Getty Images) Continue Reading
Iranian President Hassan Rouhani dismissed on Wednesday a proposal for a new “Trump deal” aimed at resolving a nuclear row, saying it was a “strange” offer and criticizing U.S. President Continue Reading
Britain, France and Germany on Tuesday formally accused Iran of violating the terms of its 2015 agreement to curb its nuclear programme, a step by the three powers that could Continue Reading
Britain, France and Germany on Tuesday formally accused Iran of breaking the 2015 agreement that limited its nuclear program, taking the first step toward reimposing United Nations sanctions. The European Continue Reading
In his more than three decades in charge of the Islamic Republic of Iran, Ayatollah Ali Khamenei has battled to consolidate power at home and expand the regime’s influence across Continue Reading
Two of Saudi Arabia’s key oil sites are attacked and its oil production is more than halved but the US$70-75 per barrel of Brent oil barrier holds firm. The U.S. Continue Reading
Fresh sanction powers authorized by President Trump against Iran could squeeze the remaining trade and finance channels keeping the Iranian economy on life support by threatening those companies still doing Continue Reading
Iran is caught in a wretched economic crisis. Jobs are scarce. Prices for food and other necessities are skyrocketing. The economy is rapidly shrinking. Iranians are increasingly disgusted. Crippling sanctions imposed Continue Reading
Several people have been detained in Iran over the accidental shooting down of a Ukrainian passenger plane with a missile, the country’s judiciary says. pokesman Gholamhossein Esmaili said investigations into Continue Reading
Protesters denouncing Iran’s clerical rulers took to the streets and riot police deployed to face them on Monday, in a third day of demonstrations after authorities acknowledged mistakenly shooting down Continue Reading
US officials are working behind the scenes to get Chinese independent refiners to stop importing roughly 200,000 b/d of crude oil and condensate from Iran, in violation of US sanctions, Continue Reading
Are we on the brink of war? It seems the answer could be yes as the United States and Iran trade attacks and counterattacks in the wake of the U.S. Continue Reading
Arash Khamooshi for The New York Times A top Iranian military commander made a rare public appeal for forgiveness on Sunday as security forces fired on protesters and outrage over Continue Reading
