Iran disputes UN finding that it worked on nuclear arms
Iran has rejected an assessment by the U.N. nuclear agency that it did past work on nuclear arms. But it is praising some aspects of the agency’s investigation of the Continue Reading
Iran pours concrete into nuclear reactor, expects sanctions relief
It’s up to the International Atomic Energy Agency , headed by Yukiya Amano, to verify that Iran has fulfilled all its commitments under the landmark nuclear deal. REUTERS Iran removed Continue Reading
Senate Democrats Press White House on More Iran Sanctions
President Barack Obama is coming under pressure from his own party to advance new penalties to punish Iran for its recent ballistic missile tests even as a landmark nuclear deal, Continue Reading
Iran in Talks to Help Build Refinery in Spain
Iran is in talks to help build a refinery in Spain, an Iranian oil official told state media over the weekend, as it seeks to secure buyers for its oil Continue Reading
Nuclear Deal Fuels Iran’s Hard-Liners
The Obama administration’s nuclear deal was intended to keep Iran from pursuing an atomic bomb, and raised hope in the West that Tehran would be nudged toward a more moderate Continue Reading
U.S. Republicans Move Toward Iran Deal Showdown With White House
Legislation that could undermine the international nuclear deal with Iran clears a U.S. congressional panel, setting up a potential showdown over one of President Barack Obama’s signature foreign policy initiatives. Continue Reading
Kerry says implementation of Iran nuclear deal ‘days away’
U.S. Secretary of State John Kerry said on Thursday the implementation of a nuclear deal agreed between Iran and six world powers was only days away, allowing tens of billions Continue Reading
Iran accuses Saudis of bombing embassy in Yemen
Iran has accused Saudi-led coalition warplanes of bombing its embassy in Yemen’s capital Sanaa, state media say. Broadcaster Irinn said missiles had struck the embassy, causing damage. Sanaa residents said Continue Reading
Iran may moderate oil output to avoid further price slide
Iran could moderate oil output and exports once Western sanctions are lifted to avoid putting prices under further pressure, a senior Iranian oil official said on Tuesday. Iranian officials have Continue Reading
New Saudi-Iran crisis threatens wider escalation
Supporters of Shi’ite cleric Moqtada al-Sadr protest against the execution of Shi’ite Muslim cleric Nimr al-Nimr in Saudi Arabia, during a demonstration in Najaf, Iraq January 4, 2016. The last Continue Reading
Iran, Saudi Arabia Square Up Across World’s Busiest Tanker Route
There are several reasons why escalating tensions between Iran and Saudi Arabia make markets nervous. One of them is that they sit on either side of the Persian Gulf, the world’s biggest concentration Continue Reading
Tension Between Iran and Saudi Arabia Presents New Test for OPEC
The diplomatic crisis between Saudi Arabia and Iran presents a new test for the Organization of the Petroleum Exporting Countries at a particularly challenging time for the oil-producing cartel. The Continue Reading
Iran Says Post-Sanctions Crude Output Boost Won’t Hurt Prices
Iran’s proposed increase in oil production would enter the market gradually after sanctions end and won’t pressure prices, the Iranian Oil Ministry’s Shana news agency said on Saturday. Iran has Continue Reading
Saudi Arabia cuts ties with Iran as row over cleric’s death escalates
Saudi Arabia cut ties with Iran on Sunday, responding to the storming of its embassy in Tehran in an escalating row between the rival Middle East powers over Riyadh’s execution Continue Reading
Americans seek swap in U.S. reporter case, says Iranian official
Unnamed Americans have contacted Iran for a deal to swap Washington Post reporter Jason Rezaian, convicted and jailed in Iran on spying charges, for other unspecified detainees, according to a Continue Reading
Saudi Arabia Cuts Ties With Iran Amid Fallout From Cleric’s Execution
Saudi Arabia cut diplomatic ties with Iran on Sunday and gave Iranian diplomats 48 hours to leave the kingdom, intensifying a strategic and sectarian rivalry that underpins conflicts across the Continue Reading
U.S. Lawmakers Blast Delay on Iran Sanctions
Leading lawmakers, including supporters of President Barack Obama ’s nuclear deal with Iran, rapped the White House for delaying fresh sanctions on Tehran over its missile program , warning that Continue Reading
Defiant Iran pledges to ramp up missile program, in challenge for Obama
A series of Iranian officials vowed on Friday to expand Tehran’s missile capabilities, a challenge to the United States which has threatened to impose new sanctions even as the vast Continue Reading
Rouhani expands Iran’s missile program despite U.S. sanctions threat
President Hassan Rouhani ordered his defense minister on Thursday to expand Iran’s missile program, in defiance of a U.S. threat to impose sanctions over a ballistic missile test Iran carried Continue Reading
Iran Vows to Speed Up Ballistic-Missile Program, Casting Fresh Doubts on Nuclear Accord
Iranian President Hassan Rouhani ordered his defense minister to expedite development of the country’s ballistic missile program in response to new U.S. sanctions set to be imposed on Iranian defense Continue Reading
Russia to build oil rigs for Iran in Persian Gulf
A Russian ship-building company has signed a contract with an Iranian firm to construct oil rigs for the Iranian side in the Persian Gulf, Press TV reported on Wednesday. Russian Continue Reading
White House Delays Imposing New Sanctions on Iran for Missile Program
The White House has delayed its plan to impose new financial sanctions on Iran for its ballistic missile program, according to U.S. officials, amid growing tensions with Iran over the Continue Reading
Iran’s Missile Tests Remind the U.S. That Hostilities Have Not Ended
Photo The aircraft carrier Harry S. Truman in the Gulf of Oman on Friday. Credit Mass Communication Specialist 3Rd Class J. M. Tolbert/U.S. Navy, via Associated Press WASHINGTON — After Continue Reading
Iran’s OPEC envoy predicts oil could reach $50 in 2016
Iran’s national representative to Organization of the Petroleum Exporting Countries (OPEC) predicted oil prices in 2016 at between $35 to $50 a barrel, but that they would not go above Continue Reading
Obama Administration Preparing Fresh Iran Sanctions
The Obama administration is preparing to sanction nearly a dozen companies and individuals in Iran, Hong Kong and the United Arab Emirates for their alleged role in developing Iran’s ballistic-missile Continue Reading
As Implementation Day nears, oil companies seek clarity on doing business in Iran
* Only nuclear sanctions on Iran to be lifted on Implementation Day * Terrorism and human rights sanctions will stay in effect * US trade embargo will also remain, barring Continue Reading
Iran moving away from ‘oil curse’
Iran is drifting away from an oil-centered economy greatly prone to spasmodic market volatility and turmoil, which has unfailingly stunted the country’s every bid for sustainable development. At their peak, Continue Reading
Iran vows to win back oil market share
With more than 2 million barrels of oil per day expected on the market, an Iranian energy director said the country is ready to take a larger market share. “Iran Continue Reading
Iran Hands Over Stockpile of Enriched Uranium to Russia
A Russian ship left Iran on Monday carrying almost all of Iran ’s stockpile of low-enriched uranium, fulfilling a major step in the nuclear deal struck last summer and, for Continue Reading
Russia removes Iran’s enriched uranium as per nuke deal
A landmark nuclear deal with Tehran moved closer to implementation Monday, with U.S. Secretary of State John Kerry announcing that tons of enriched uranium that could potentially be turned to Continue Reading
November Asian imports of Iran oil drop 16.2 percent on India, Korea cuts
An oil refinery is silhouetted against the setting sun in Kawasaki, near Tokyo October 22, 2012. Asian imports of Iranian oil in November fell by the most in nine months Continue Reading
U.S. Firms Prepare for End to Iran Sanctions
Ahead of an expected lifting of sanctions, several U.S. corporate giants including personal-computer seller HP Inc. HPQ 0.77 % and General Electric Inc.’s oil-services unit are actively exploring a market Continue Reading
Tensions Rise Over U.S. Visa Measure That Could Affect Iran Nuclear Accord
Tensions mounted between Iran and the United States on Wednesday over a new American law that limits visa-free travel, which the Iranians regard as a sanction and a violation of Continue Reading
Iran bracing for $30 oil
Financial planners in Iran need to be prepared for crude oil prices moving potentially below $30 per barrel, the Iranian minister of the economy said. Minister Ali Tayyebnia described the Continue Reading
Iran calls the new U.S. visa law breach of the nuclear deal
Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday a new U.S. law putting visa restrictions on Iranians and those who had visited Iran would, if implemented, breach a nuclear Continue Reading
IMF: Iranian economy will grow slowly
While Iran faces a brighter economic future as the result of easing sanctions pressure, the IMF said growth for 2016 will be slower than previous years. Iran is expected to Continue Reading
Iran woos Indian refiners to drive oil sales in cut-throat market
Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for steep oil price discounts and other buying incentives, sources said, as it Continue Reading
Iran woos Indian refiners to drive oil sales in cut-throat market
Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for steep oil price discounts and other buying incentives, sources said, as it Continue Reading
Scarred Riverbeds and Dead Pistachio Trees in a Parched Iran
The early-morning sun meagerly brightened the gloom of this sad township, a collection of empty, crumbling houses along a highway through the dusty desert landscape in southeastern Iran . Until Continue Reading
IAEA Board Agrees to Close Iran Past Nuclear Activities File
The United Nations atomic agency on Tuesday agreed to close the file on Iran’s past nuclear activities, drawing a line under an investigation which concluded that Tehran appeared to have Continue Reading
Russia, Iran eye gas swap deal for deliveries to Armenia: Gazprom
As Iran prepares to emerge from the shadow of international sanctions, plans for deeper cooperation in the energy sector are moving forward, including a potential deal with Russia for a Continue Reading
U.S. conducting ‘serious review’ of alleged Iran missile test
The United States is reviewing and seeking to confirm reports that Iran launched a ballistic missile last month in violation of U.N. Security Council resolutions, U.S. Ambassador to the United Continue Reading
Iran Seeks Arrangement to Send Enriched Uranium to Kazakhstan
The U.S. is helping Iran with an arrangement to send part of its nuclear fuel stockpile to the Central Asian nation of Kazakhstan, a step that would speed the lifting Continue Reading
Iran Seeks Arrangement to Send Enriched Uranium to Kazakhstan
The U.S. is helping Iran with an arrangement to send part of its nuclear fuel stockpile to the Central Asian nation of Kazakhstan, a step that would speed the lifting Continue Reading
Iran tested missile, breaching U.N. council resolutions: officials
Iran tested a new medium-range ballistic missile last month in a breach of two U.N. Security Council resolutions, two U.S. officials said on Monday. The officials, both speaking on condition Continue Reading
Saudi-Iran rivalry sets scene for OPEC showdown over output
It used to be said of OPEC that it was like a teabag – it only worked in hot water. If that is so, conditions on world oil markets could Continue Reading
Iran arrests 53 people for running pro-Islamic State websites: Tasnim
Iran’s cyber police chief said on Monday officers had arrested 53 people for running websites supporting the Islamic State militant group, Tasnim news agency reported. Kamal Hadianfar said most had Continue Reading
Iran to sign $3 billion gas contract with consortium of Indian companies
Iran has agreed a $3 billion contract with a consortium of Indian companies to develop the Farzad B gas field in the Persian Gulf, according to the Mehr news agency. Continue Reading
Preventing Iran bomb more important than past nuclear activity: Kerry
U.S. Secretary of State John Kerry gestures following a joint news conference with Greek Foreign Minister Nikos Kotzias (not pictured) at the ministry in Athens, Greece, December 4, 2015. U.S. Continue Reading
China’s Iran deal shows OPEC members are cutthroat competitors: Russell
China’s renewing of its oil purchase deals with Iran not only provides a boost to the Islamic Republic’s hopes of re-establishing itself in global markets, it also underscores why this Continue Reading