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.

Sections:  news   world   
  • 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
  • Iran's president calls OPEC output cut 'success'
    "It looks achievable on the face of it, provided the parties to the latest production cut deal stick to their pledges, which has historically been somewhat of a sticking point", ANZ bank said on Friday. The difference - a minuscule 0.03 per cent of global ...
    12/1/2016 - 7:06 pm | View Link
  • Iran influence seen in oil production cut
    The size of the cut is fairly trivial in a 96-million-barrel-a-day marketplace ... which would add supply to the global market. And, if history is any guide, even a modest agreement can be breached by cheating. “If higher prices bring higher output ...
    12/1/2016 - 7:48 am | View Link
  • OPEC agrees to first output cut in eight years as Saudis soften on Iran, oil price surges
    The economics of the deal are “incredibly appealing,” Jeff Currie, global head of commodities research at Goldman ... Iraq, OPEC’s second-largest producer, agreed to cut by 210,000 barrels a day from October levels. The country had previously pushed ...
    11/29/2016 - 7:07 pm | View Link
  • Iran Says It Won't Cut Oil Production as Talks Remain Deadlocked
    Crude-oil futures fell Tuesday on growing doubts that the world's biggest oil producers would reach a deal to cut global output. Beyond OPEC's production policy, oil demand remains firm. Hit hard by the low price and Western sanctions, Moscow has said it ...
    11/29/2016 - 6:45 am | View Link
  • Defiant Iran Turns Tables, "Proposes" Saudis Cut Production By Over 1MM Barrels, Invokes Donald Trump
    IRAN PROPOSES IN LETTER TO OPEC THAT SAUDI ARABIA CUT OIL OUTPUT TO 9.5 MLN BPD - OPEC SOURCE As a reminder, in October Saudi Arabia produced 10.625mmbpd, implying that according to Iran it is Saudi Arabia that should foot the entire production cut "agreed ...
    11/29/2016 - 5:22 am | View Link
  • More
  • OPEC agrees to cut production in drive to end global glut
    OPEC agrees to cut production in drive to end global glut; Oil soars as Saudi Arabia and Iran point to OPEC deal; Iran, Russia stress completion of 2 ...
    11/30/2016 - 9:06 am | View Website
  • Iran Cut off from Global Financial System | Iran Watch
    Iran Cut off from Global Financial System . March 15, 2012. Author: Don Melvin and Jonathan Fahey. Publication: Associated Press. The Society for ...
    11/19/2016 - 9:12 am | View Website
  • Iran Oil Recovery Lowers Hurdle to Global Deal on Output ...
    Cut off from global oil markets, Iran’s production fell to around 2.5 million barrels a day compared with more than 4 million in mid-2008.
    09/7/2016 - 5:19 am | View Website
  • Iran Set to Pump More Oil Into Market Glut
    Iran is reportedly ready to increase its output by 500,000 barrels a day, but some analysts doubt the country can deliver that level of production.
    01/18/2016 - 10:29 am | View Website
  • Crude Oil Declines as Global Glut Outweighs Middle East ...
    Oil fell, erasing an earlier gain, as a global glut outweighed an increase in tension between Saudi Arabia and Iran. The Saudi government cut ties with ...
    01/3/2016 - 7:01 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News