Tag Archives: Iran

Iran sells more oil to private exporters to bypass U.S. curbs

Iran sells more oil to private exporters to bypass U.S. curbsIran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering U.S. sanctions on the country’s exports, oil ministry news website SHANA reported. Three unnamed companies paid $ 64.97 per barrel for two crude shipments of 245,000 barrels each and one shipment of 210,000 barrels, which were traded on Iran’s energy bourse, SHANA reported. Iran began selling crude oil to private companies for export in late October, just ahead of U.S. sanctions on sectors including oil which came into effect on Nov. 5.



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The Latest: Turkish envoy calls US sanctions on Iran unwise

The Latest: Turkish envoy calls US sanctions on Iran unwiseDUBAI, United Arab Emirates (AP) — The Latest on the situation in Iran after the re-imposition of all American sanctions on the country on Monday (all times local):



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U.S. doesn't want to harm friends, allies with Iran sanctions: Bolton

U.S. doesn't want to harm friends, allies with Iran sanctions: BoltonU.S. national security adviser John Bolton said on Wednesday the Trump administration wants sanctions on Iran’s crude exports to strain Tehran, but does not want to harm countries that depend on the oil. The United States is preparing to impose the new sanctions on Iran’s oil industry after Washington withdrew from a nuclear deal between Tehran and other global powers earlier this year, but is also considering offering waivers to some allies that rely on Iranian supplies. “We want to achieve maximum pressure but we don’t want to harm friends and allies either,” Bolton said in a talk at the Hamilton Society.



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Punishing U.S. sanctions against Iran kick in Sunday

Punishing U.S. sanctions against Iran kick in SundayPunishing new U.S. sanctions against Iran take effect this weekend. The measures are aimed at quashing the Islamic republic's nuclear ambitions, as well as its missile programs and influence in Syria. Elizabeth Palmer reports from Tehran.



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Saudi Arabia says it is beacon of 'light' against Iran despite Khashoggi crisis

Saudi Arabia says it is beacon of 'light' against Iran despite Khashoggi crisisSaudi Arabia is the lynchpin of a U.S.-backed regional bloc against growing Iranian influence in the Middle East but the murder of journalist Jamal Khashoggi at its consulate in Istanbul on Oct. 2. One is a (Saudi) vision of light … One is a (Iranian) vision of darkness which seeks to spread sectarianism throughout the region,” Foreign Minister Adel al-Jubeir told a security summit in Bahrain. “History tells us that light always wins out against the dark … The question is how do we defeat them.” U.S. Defense Secretary Jim Mattis said on Saturday that the killing of Khashoggi, a prominent critic of Saudi policy, undermined regional stability and that Washington would take additional measures against those responsible after announcing visa bans on 21 suspects in the case.



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Syria ordered Gaza rocket fire at Israel with Iran backing: army

Syria ordered Gaza rocket fire at Israel with Iran backing: armyThe Israeli army accused the Syrian government Saturday of instructing a Palestinian militant group to fire dozens of rockets at Israel from Gaza with Iran’s supported and vowed to respond where it chose. “The rockets that were launched against Israel… we know that the orders, incentives were given from Damascus with the clear involvement of the Iranian Revolutionary Guards’ Quds Force,” army spokesman Lieutenant Colonel Jonathan Conricus said, referring to the Guards’ foreign operations unit. At least 39 rockets have been fired at southern Israel by the Islamic Jihad group since late Friday, with 17 of them intercepted by the Iron Dome air defence system, and the rest hitting open fields, the army said.



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Israel accuses Syria, Iran of ordering Gaza rocket fire

Israel accuses Syria, Iran of ordering Gaza rocket fireThe Israeli army accused the Syrian government and Iran on Saturday of ordering Palestinian militants in Gaza to fire dozens of rockets into southern Israel, and threatened to retaliate wherever it chose. The barrage of rockets, which began late Friday and continued into Saturday morning, triggered extensive retaliatory strikes by Israeli aircraft against Gaza that risked escalating into a wider conflict.



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Europe support against US 'rare victory' for Iran: Rouhani

Europe support against US 'rare victory' for Iran: RouhaniPresident Hassan Rouhani said Saturday that the divisions between the US and Europe over renewed sanctions on Iran were a “rare historical victory” for the Islamic republic. “If this time last year, we had stated that America would stand against the great nation of Iran… and Europe would stand with Iran and against America, the overwhelming majority of us… would have said that this was pure optimism,” Rouhani told lawmakers in a televised address.



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Facebook removes fake accounts tied to Iran that lured over one million followers

Facebook removes fake accounts tied to Iran that lured over one million followersFacebook Inc said on Friday it had deleted more accounts originating in Iran that attracted more than a million U.S. and British followers, its latest effort to combat disinformation activity on its platform. The social media company removed 82 pages, groups and accounts on Facebook and Instagram that represented themselves as being from American or British citizens, then posted on “politically charged” topics such as race relations, opposition to U.S. President Donald Trump and immigration, Facebook’s head of cybersecurity policy, Nathaniel Gleicher, said in a blog post. In total, the removed accounts attracted more than 1 million followers.



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Oil Traders Who Expect Iran Waivers Are in for a Shock: Hedgeye

Oil Traders Who Expect Iran Waivers Are in for a Shock: HedgeyeTraders who expect the U.S. to hand out waivers allowing certain nations to continue buying oil from the Islamic Republic, “are making a huge miscalculation,” Joe McMonigle, head of energy policy at Hedgeye, said in a note. “We see more than a 50 percent chance of an early enforcement of Iran sanctions to send a message and incentivize others to get Iran imports to zero,” McMonigle said. The international benchmark could even hit $ 90 a barrel for the first time since 2014, before settling back to around $ 85, McMonigle said.



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