Iran Says It Will Make Oil Embargo Ineffective

Iran Oil Minister: Tehran will soon make oil embargo ineffective

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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 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 deal ax threat scares off oil traders
    The EU won't impose another embargo on Iranian crude, nor are China and India likely to buy any less of its oil, Mills said. Fesharaki and David Fyfe, chief economist for Geneva-based Gunvor, see U.S. curbs having a bigger impact -- a reduction in Iran's ...
    04/26/2018 - 7:38 pm | View Link
  • Trump Threat to Ax `Insane' Iran Deal Is Scaring Off Oil Traders
    The EU won’t slap another embargo on Iranian crude, nor are China and India likely to buy any less of its oil, Mills said. FGE’s Fesharaki and David Fyfe, chief economist for Geneva-based Gunvor, see U.S. curbs having a bigger impact -- a reduction in ...
    04/26/2018 - 6:17 am | View Link
  • US stance on Iran may spur oil market volatility
    During the most restrictive phase of US and international sanctions, from 2012 to 2015, buyers in Asia limited their purchases of Iranian oil, and the European Union imposed its own embargo on crude from the country. However, nations that agreed then to ...
    04/26/2018 - 4:46 am | View Link
  • Face to Face: Saudi Arabia-Iran
    Based on SIPRI's 2017 report, Iran imported four air defence systems from Russia that are excluded from the arms embargo imposed on the country ... that this boost was a result of the expansion of oil production. Navid Kolhar, a financial analyst in ...
    04/25/2018 - 4:07 am | View Link
  • Scattered Dreams
    Until October 2017, about half of the Kurdish oil production stemmed from the province’s oil ... The closure of the Iranian-Kurdish border by Tehran and the Iranian embargo on Kurdish petroleum products following the referendum increased the economic ...
    04/18/2018 - 9:41 pm | View Link
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  • 1973 oil crisis
    The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War.
    04/24/2018 - 1:23 pm | View Website
  • Carter Imposes Oil Embargo During Hostage Crisis
    On November 4, 1979, a group of student revolutionaries in Iran seized the U.S. Embassy in Tehran, holding more than 60 Americans hostage. On November 11, President Jimmy Carter imposed an oil embargo against Iran, which he explains in an address to the nation.
    04/22/2018 - 5:15 pm | View Website
  • OIL AGREEMENTS IN IRAN – Encyclopaedia Iranica
    (1901-1978): their history and evolution. The history of Iranian oil agreements began with an unprecedented concession granted by Nāṣer-al-Din Shah.
    04/22/2018 - 10:48 am | View Website
  • Iran, Oil and Strait of Hormuz
    Hormuz controls access to oil from Saudi Arabia, Kuwait, Qatar, the UAE and Iran. 20% of the world'd oil would stagnate if Iran closed the strait of Hormuz
    04/21/2018 - 6:35 pm | View Website
  • History and Analysis -Crude Oil Prices
    A discussion of crude oil prices, the relationship between prices and rig count, the recent decline in crude oil prices and the outlook for the future of the petroleum industry.
    04/21/2018 - 6:17 am | View Website
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