Is Russia Obstructing The Iran Nuclear Deal?
Addressing the Iran nuclear deal, EU Foreign Policy Chief Josep Borrell noted “sometimes they think they’re almost there. And other days not.” That seems to be a succinct summary of Continue Reading
Iran will develop its part of gas field eyed by Saudi Arabia, Kuwait
Dorra/Arash gas field discovered in 1962 Field is partly in Neutral Zone shared by Saudis, Kuwait Iran open to talks with Kuwait, Saudis Iran is set to develop its part Continue Reading
Nuclear deal with Iran is not imminent or inevitable, US official warns
A senior US official has warned that a deal to save the nuclear accord with Iran is neither imminent nor inevitable as diplomatic efforts stall over Tehran’s demand that Washington Continue Reading
Iran says Saudi-Kuwaiti deal on Durra gas development ‘illegal’
Iran said on Saturday that a document signed between Saudi Arabia and Kuwait this week to develop the Durra gas field was “illegal” since Tehran also has a share in Continue Reading
Iran Prepares To Ramp Up Oil Production To 4 Million Bpd
Iran plans to boost its crude oil production to 4 million barrels per day in the new Persian year. OPEC sources: In February, Iran’s crude oil production was at 2.546 Continue Reading
Iran Nuclear Deal’s Final Hurdle Is Lifting Terrorism Sanctions on Revolutionary Guards
The effort to revive the 2015 nuclear deal agreement now hinges on perhaps the most politically sensitive issue in the negotiations: whether to remove the U.S. terrorism designation for Iran’s Continue Reading
The Final Obstacle To A New Iran Nuclear Deal
U.S. is “seriously considering removing the ‘Foreign Terrorist Organisation’ [FTO] designation from the IRGC. The FTO removal is seen as one of the very last obstacles in the Iran nuclear Continue Reading
Iran oil minister says aiming for 1.4 million bpd crude exports
A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015. REUTERS/Raheb Homavandi/TIMA DUBAI, March 19 (Reuters) – Iranian Continue Reading
Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi
Oil storage containers are seen on the shore of the Mediterranean Sea in the southern city of Ashkelon January 27, 2015. REUTERS/Amir Cohen NEW DELHI, March 18 (Reuters) – Iran Continue Reading
Iran defies Western powers with work on near weapons-grade uranium
Iran has defied Western powers by converting some of its uranium enriched to near weapons-grade into a formless easily recovered, diluted and shipped out of the country, a report by Continue Reading
Iranian missiles destroy house of prominent Kurdish oil businessman
Prime Minister of Iraq Mustafa Al-Kadhimi and Iraq’s Kurdish Region Government Prime Minister, Masrour Barzani visit damaged areas after a missile attack by Iran’s Islamic Revolutionary Guard Corps (IRGC) during Continue Reading
Iran’s gas condensate exports have tripled under new govt
Highlights Exports climbed to reduce inventories Inventories had built up under previous administration Petrochemicals industry also used some stockpiles Iran has increased its natural gas condensates exports under the new Continue Reading
Russia Softens Iran Demands, Re-Opening Way for Nuclear Deal
Russia walked back recently made demands on Washington related to the Iran nuclear deal, clearing the way for Tehran and Washington to revive the 2015 agreement, senior western diplomats said. On Tuesday, after Continue Reading
Iran will stay in nuclear talks till ‘strong deal’ is reached – top security official
Iran will stay in the Vienna nuclear talks until its demands are met and a “strong agreement” is reached, Iran’s top security official Ali Shamkhani said on Monday. Talks to Continue Reading
U.S. Won’t Negotiate Ukraine-Related Sanctions With Russia to Save Iran Nuclear Deal
The U.S. won’t negotiate exemptions to Ukraine-related sanctions on Russia to save the 2015 Iran nuclear deal and could try to strike a separate accord excluding Moscow, a senior U.S. official said, Continue Reading
Iran nuclear talks stumble as US rebuffs Russian demands
The US has ruled out offering any sanctions relief to Russia in order to clinch its support for an agreement to revive the 2015 nuclear accord with Iran, rebuffing a Continue Reading
Iran Nuclear Talks Suspended as Window Closes on Key Deal
World powers and Iran suspended their efforts to revive the 2015 nuclear accord, reigniting a crisis that’s set to impact already surging oil markets and potentially plunge the energy-exporting Persian Continue Reading
Iran nuclear talks are halted after new Russian demands related to Ukraine
Negotiations in Vienna aimed at reviving the Iran nuclear deal were called off indefinitely Tuesday after a last-minute demand by Russia upended what diplomats had hoped was the final stretch Continue Reading
Iran says unreasonable U.S. offers hurt efforts to reach nuclear deal
A child puckers her lips on a window of a bus heading to a temporary housing location, following Russian invasion of Ukraine, near the North Railway Station in Bucharest, Romania, Continue Reading
Iran nuclear deal possible soon, Russia’s contribution constructive -Iranian spokesperson
Iran believes a deal on its nuclear program can be quickly reached if Washington accepts points made by Tehran at talks in Vienna, the Foreign Ministry said on Monday, adding Continue Reading
Iran Nuclear Deal Threatened by Russian Demands Over Ukraine Sanctions
Fresh demands from Russia threatened to derail talks to restore the 2015 Iran nuclear deal, as Moscow said it wanted written guarantees that Ukraine-related sanctions won’t prevent it from trading broadly with Continue Reading
Iran says agreed roadmap with IAEA to resolve nuclear issues
Iran said on Saturday it had agreed on a roadmap with the U.N. nuclear watchdog to resolve all outstanding questions about the country’s nuclear program by late June, a move Continue Reading
Analysis: Iranian oil could take months to flow after a nuclear deal
A deal to limit Iran’s nuclear program would lead to sanctions on its oil sector being lifted but it could take several months for any more Iranian crude to flow, Continue Reading
Iran inches closer to nuclear deal
Iran’s foreign minister said on Friday he was prepared to go to Vienna “immediately” to sign a deal with the US to revive the 2015 nuclear accord, but warned he Continue Reading
UN Nuclear Watchdog: Iran Sharply Increased Its Stockpile Of Enriched Uranium
The UN’s nuclear watchdog says Iran has sharply increased its stockpile of enriched uranium amid talks to revive a 2015 agreement to curb Tehran’s atomic program. Several media outlets said Continue Reading
Iran, U.S. Close to Reviving Iranian Nuclear Deal
The U.S. and Iran on Thursday were closing in on an agreement to restore the 2015 nuclear deal, although officials from both countries warned final issues still needed to be nailed down Continue Reading
U.S., Iran Split Over Key Nuclear Issues as Deal Deadline Nears
Iranian and U.S. officials are entering a crucial week of negotiations to restore the 2015 nuclear deal, with significant differences remaining on several key issues and new concerns that Russia’s invasion of Continue Reading
Iran offering fewer crude cargoes to Chinese traders as it prepares for lifting of sanctions: sources
Traders expect Iran to do away with discounts Iranian crude around $8/b cheaper than other similar grades Iran could supply 1.75 mil b/d by August: S&P Global Iran’s state-owned National Continue Reading
China buys more Iranian oil now than it did before sanctions, data shows
China’s purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. sanctions, tanker tracking data showed. Continue Reading
A waiting game in Vienna as Tehran considers a possible nuclear deal
The text of a proposed nuclear deal between Iran and world powers, distributed by the European Union to negotiators, is in limbo while the head of Iran’s delegation consults with Continue Reading
Could The Iran Nuclear Deal Bring Oil Back Down?
Russia’s invasion of Ukraine on Thursday morning sent oil prices beyond $100 for the first time since 2014 as supply fears gripped an already bullish market. In an extremely tight Continue Reading
Tightening oil market eyes Iran nuclear talks, as deal could be near
Agreement could see oil sanctions lifted in stages Some 1.5 million b/d of Iranian oil exports could return Iran’s crudes compete with many OPEC+ grades Iranian nuclear deal negotiators appear Continue Reading
U.S. Nears Return to Iran Nuclear Deal
Iran, the U.S. and other world powers are nearing a deal to revive the 2015 nuclear accord, although negotiators are still wrangling over significant final demands from Tehran, including the Continue Reading
Iran Rises Above Russia On The Oil Market Radar
Iran has risen above Russia on the oil market radar due to reports from multiple sources that a new nuclear deal is very close to being agreed upon. Rumors that Continue Reading
Iran deal with oil sanctions relief not a sure bet despite latest US waiver: analysts
Highlights Vienna talks remain top global oil supply risk in 2022 Platts Analytics sees interim deal returning 700,000 b/d The US-Iran talks remain far from certain to reach a deal Continue Reading
Iran heads to become gasoline importer, ready to boost oil output
Iran also expanding refining capacity China to invest $20 bil in oil sector Refining capacity to serve petrochemicals Iran will become a gasoline and gas oil importer in the next Continue Reading
U.S. Sees Iran’s Nuclear Program as Too Advanced to Restore Key Goal of 2015 Pact – WSJ
The Biden administration expects a restored nuclear deal would leave Iran capable of amassing enough nuclear fuel for a bomb in significantly less than a year, a shorter time frame Continue Reading
U.S. and Allies Close to Reviving Nuclear Deal With Iran, Officials Say – The New York Times
The United States and its European allies appear on the cusp of restoring the deal that limited Iran’s nuclear program, Biden administration officials said on Monday, but cautioned that it Continue Reading
What’s In The 20-Year Draft Agreement Between Iran And Russia?
While the new 20-year cooperation between Iran and Russia is yet to be finalized, significant progress appears to have been made on its drafting. If Russia agrees to sell Tehran Continue Reading
Turkey Hit By Unprecedented Power Outages As Iran Halts Gas Flows
A disruption to natural gas imports from Iran has caused an unprecedented level of power cuts in Turkey. The power cuts have largely impacted major industrial zones, with some companies Continue Reading
Iran’s oil minister asks for nation’s ‘cooperation’ after gas demand hit record high
Iran has 28 mil gas users Cold weather to boost demand even more Some industries may face restricted supplies Iranian oil minister Javad Owji on Jan. 23 said the country’s Continue Reading
Iran’s Oil Industry Is Preparing For Life After Sanctions
While negotiations continue over the potential lifting of U.S. sanctions on Iran, Iran is planning to invest heavily in its oil industry and boost production Its largest investment is a Continue Reading
CHINA DATA: Iranian crude inflows seen in Dec for first time in 2021, at 62,000 b/d
Highlights Russia overtakes Saudi Arabia to be China’s top crude supplier in Dec Saudi Arabia helps Middle East increase market share to 50% in 2021 Value of China’s crude imports Continue Reading
Russia Says Nuclear Talks Are Making Progress: Iran Snapshot
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments Russia said nuclear talks were “moving forward,” in the latest possible sign of Continue Reading
China Buys More Sanctioned Oil From Iran, Venezuela at a Bargain
China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years as the nation’s refiners brushed off the risk Continue Reading
Iranian oil smuggled via Persian Gulf transfers at night, seafarers recount
The secret transfers usually take place at night to evade detection by regional coast guards. The ships anchor in the Persian Gulf just outside the territorial limits of the United Continue Reading
Canadian families win compensation over jet downed by Iran
Image caption, Images of the victims were displayed during an event marking the first anniversary of the tragedy in Toronto last year A Canadian court has awarded C$107m (£62m; $84m), Continue Reading
How Iran Could Trigger The Next 10 Percent Drop In Oil Prices
Iran announced plans last week to boost oil production from its supergiant South Azadegan oil field to at least 320,000 barrels per day The development of the West Karoun fields Continue Reading
Iran Nuclear Talks Could Be Headed For Another Breakdown
The ongoing JCPOA agreement negotiations with Iran are not going as smooth as some media seem to suggest. In stark remarks, several European and U.S. diplomats have stated that the Continue Reading
Iran Plays Hardball In Drive To Export Crude Oil
After a lengthy layoff, Iran appears poised to officially rejoin the ranks of oil exporters–maybe as early as 2022–if Tehran and Washington are able to strike a new nuclear deal Continue Reading