Iran Cut Off From Global Commerce

Iran Sanctions

The body that handles global banking transactions says it will cut Iran's banks out of the system on Saturday to enforce EU sanctions.

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  • Portman among 47 GOP senators to sign letter to Iran
    WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
  • Germany: Chancellor Merkel on visit to Afghanistan
    Germany says its leader is in Afghanistan to on a surprise visit to the nation's troops serving with NATO's force in a war against Taliban insurgents. More
  • Philippines mulls pullout of Syria peacekeepers
    The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More
  • Iran president still a force even as his era endsIran president still a force even as his era ends
    When many struggling families in this eastern Iranian city take stock of outgoing President Mahmoud Ahmadinejad's legacy, it's not about the oratory full of bluster and menace or his tussles with Iran's ruling clerics that are known to much of the world. More
  • Kerry: Russia sells missile defense to Syria
    Secretary of State John Kerry says the transfer of advanced missile defense systems from Russia to Syria would be a "destabilizing" factor for Israel's security. More
  • Saudis Soften Oil Stance On Iran But OPEC Deal Still Elusive
    OPEC will agree to production levels for each member country at its Nov 30 meeting in Vienna, group officials said, before seeking agreement from other oil producers to further cut global supplies. But other OPEC Gulf members wanted Iran's output to remain ...
    09/28/2016 - 7:18 pm | View Link
  • The Energy Report-Now It’s Up to Iran
    The Saudis are making huge concessions to achieve a freeze on global oil output and the world waits for Iran’s decision. The Saudis have offered to cut their own oil production and offered to allow Iran, Libya and Nigeria to increase their oil production ...
    09/28/2016 - 8:17 am | View Link
  • Iran letting Saudis lose their global control over oil
    Brent crude, the global benchmark, was down 0.4 per cent at $47.18 a barrel ... That effectively would mean a cut of 500,000 barrels a day. Iran, meanwhile, is refusing to freeze its production at the current level of 3.6 million barrels a day, aiming ...
    09/27/2016 - 3:34 pm | View Link
  • Saudi offers oil cut for Opec accord if Iran freezes output
    Riyadh is ready to cut output to levels seen early this year in exchange for ... A fall in oil prices to $30-$50 per barrel from levels as high as $115 seen in June 2014 led to a boost in global oil demand and a decline in high-cost supplies such as ...
    09/24/2016 - 12:20 am | View Link
  • Saudis offer oil cut for OPEC deal if Iran freezes output
    Al-Luaibi said Iraq's "fixed policy is to maintain Iraq's share" in the global oil market. Iran would be unlikely ... producers", said Bart Melek at TD Securities. Riyadh is ready to cut output to levels seen early this year in exchange for Iran freezing ...
    09/23/2016 - 4:55 pm | View Link
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  • Iran
    Iran, known as Persia until 1935 and now officially the Islamic Republic of Iran, is the second-largest nation in the Middle East by population.
    | View Website
  • Iran Warns 6 Countries in Europe It Will Cut Off Oil
    Besieged by sanctions over its nuclear program, Iran warned its six largest European buyers that they risked immediate cutoffs in their Iranian oil imports.
    02/16/2012 - 12:29 am | View Website
  • Iran
    More information about Iran is available on the Iran Page and from other Department of State publications and other sources listed at the end of this fact ...
    09/20/2016 - 10:51 pm | View Website
  • Iran-Iraq War (1980-1988)
    Iran-Iraq War (1980-1988) The Iran-Iraq War permanently altered the course of Iraqi history. It strained Iraqi political and social life, and led to severe economic ...
    09/20/2016 - 5:00 pm | View Website
  • No Safe Haven: Iran's Global Assassination Campaign
    No Safe Haven: Iran's Global Assassination Campaign ... Shahriar Shafiq, the Shah’s nephew, was assassinated in Paris on December 7, 1979.
    09/20/2016 - 4:35 am | View Website
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