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 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 Daily: Supreme Leader Worries About Low Oil Prices
    In past when some Islamic countries stood against Zionist regime by an oil embargo, West made much ado about political use of oil. 1/2 Iran has counted on a rebound in oil exports for economic recovery, following implementation of the July 2015 nuclear ...
    10/22/2016 - 8:48 pm | View Link
  • Iran: Were expectations of sanctions relief too high?
    The July 2015 Vienna Agreement and its implementation in January 2016 raised hopes in Iran that there would be an immediate influx of foreign investment which, along with higher oil revenues following the lifting of the EU embargo on oil imports ...
    10/22/2016 - 8:05 pm | View Link
  • Hellenic Petroleum S A : Greece to Repay Oil Debt To Iran In Two Years
    Since the international sanctions were lifted, Iran has been increasingly ramping up its crude oil output to try to regain market shares it had lost with the embargo. According to NIOCs managing director Ali Kardor, the country reached the 4-million-bpd ...
    10/22/2016 - 5:49 am | View Link
  • Greece to Repay Oil Debt To Iran In Two Years
    At the time the agreement with NIOC was announced, Hellenic Petroleum was thought to owe Iran some US$550-600 million for oil it had imported, which it was unable to pay under the international embargo. Since the international sanctions were lifted ...
    10/21/2016 - 10:07 am | View Link
  • Saudi Arabia and Iran Trade Politics for Oil
    What we sometimes miss when we look at this situation is what has happened in Syria and oil production in the region during the embargo on Iran. The Iranians have a huge underground market where people can buy their product, despite sanctions or restrictions.
    10/21/2016 - 1:43 am | View Link
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  • Oil Embargo 1973
    The months preceding the 1973 embargo witnessed a marathon of negotiations over prices, taxes, and shares between governments of the oil-producing countries and the ...
    10/16/2016 - 3:10 pm | View Website
  • Sanctions against Iran
    Following the Iranian Revolution of 1979, the United States imposed economic sanctions against Iran and expanded them in 1995 to include firms dealing with the ...
    10/16/2016 - 2:56 pm | View Website
  • International Sanctions on Iran
    Iran's defense ministry inaugurated this carbon-fiber plant, seen in 2011, after international sanctions blocked the dual-use material's import.
    10/16/2016 - 9:48 am | View Website
  • History and Analysis -Crude Oil Prices
    Post World War II. Pre-Embargo Period. From 1948 through the end of the 1960s, crude oil prices ranged between $2.50 and $3.00. The price oil rose from $2.50 in 1948 ...
    10/15/2016 - 4:23 pm | View Website
  • U.S. sanctions against Iran
    US sanctions against Iran refer to economic, trade, scientific and military sanctions against Iran, which have been imposed by the U.S. Office of Foreign Assets ...
    10/15/2016 - 1:28 am | View Website
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