Iran’s supreme leader faces public wrath
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
Is Iran Preparing To Send Oil Back To $100?
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
Could ISIS Take Control Over Iraq’s Largest Oil Field?
As always, it’s the fear of sanctions that provides the leverage Trump seeks in this cat-and-mouse game with Iran. And this time, the leverage is over Iraq, which would like Continue Reading
Oil workers injured in shootout near Halfaya
Two Chinese oil workers and an Iraqi security guard are in stable condition after their work transport bus was caught in the middle of a gun battle between rival tribes Continue Reading
New Sanctions Power Could Squeeze Remaining Iranian Trade Channels
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’s Grim Economy Limits Its Willingness to Confront the U.S.
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
Iran plane downing: ‘Several people detained’ for shooting down airliner
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
‘Clerics get lost!’: Iran protests rage after plane disaster
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
Turkey says ready to act against Haftar if Libya attacks continue
Turkey will not refrain from “teaching a lesson” to Khalifa Haftar, the commander of eastern Libyan forces, if they continue attacks against the country’s internationally recognized government, President Tayyip Erdogan Continue Reading
US, Chinese officials in talks on halting imports of Iranian crude
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