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
  • Israel, Turkey End Six-Year Rupture, Impelled by Energy Benefits - Bloomberg
    Netanyahu lauds benefits of normalizing ties with Turkey -
    06/27/2016 - 4:04 am | View Link
  • Iran reaches deal to purchase planes from Boeing - KEYT3
    That accord eased financial and oil-related ... passenger aircraft and parts to Iran. But the primary U.S. trade embargo targeting Iran remains in
    06/15/2016 - 4:10 am | View Link
  • Saudi Arabia induces surge in Global Arms Sales - New Europe
    ... and confrontation with its regional rival Iran. ... standing trend, as a drop in oil prices, which is ... calling for an EU-wide arms embargo ...
    06/13/2016 - 8:34 am | View Link
  • Oil - New York Times
    ... oil imports, and the crises that made that dependence so painful, including the Arab oil embargo of 1973-74 and the fall of the shah of Iran...
    06/10/2016 - 11:03 am | View Link
  • India approaches Halkbank to handle oil payment to Iran - Times of India
    ... the payment of $6.5 billion to Iran, which it owes for crude oil imports, Iran's Fars news ... While the U.S. embargo does not in theory ...
    05/15/2016 - 3:14 pm | View Link
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  • Is Iran the World's Next Big Oil Story?
    Ultimately, the embargo was lifted in January this year after certification from the UN nuclear watchdog. Is Iran the Next Big Oil Destination? Despite oil’s massive recovery since February, it’s still under $50 and far below the breakeven price for ...
    06/15/2016 - 6:52 am | View Link
  • US Expected to Keep Oil Embargo Regardless of Iran Nuclear Deal
    VIENNA— A unilateral U.S. oil embargo on Iran is expected to remain in place even if a long-term nuclear agreement between Tehran and six world powers is reached that includes an easing of international sanctions, a U.S. official said on Thursday.
    02/19/2014 - 8:25 pm | View Link
  • Iran Oil Embargo Has Ripple Effect for Europe
    The six-month run-up to the implementation of a full European Union embargo on Iranian crude left many market watchers complacent about the impact sanctions would have on consumers in Europe. By the time July 1 rolled around, most European refiners had ...
    08/10/2012 - 1:03 am | View Link
  • EU oil embargo on Iran comes into effect
    A European Union embargo on Iranian oil went into effect on Sunday, provoking anger in Tehran which says the measure will hurt talks with world powers over its sensitive nuclear activities. Oil Minister Rostam Qasemi sought to downplay the embargo as just ...
    07/1/2012 - 1:00 pm | View Link
  • Planned EU Oil Embargo Looks Set To Squeeze Iran
    Iran still keeps pumping oil, but it can't sell it all, says David Goldwyn, former State Department special envoy for international energy affairs. "Since the threat of the EU embargo and the imposition of the U.S. sanctions, Iran has had to reduce its ...
    06/6/2012 - 7:56 pm | View Link
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  • Sanctions against Iran
    Following the Iranian Revolution of 1979, the United States imposed sanctions against Iran and expanded them in 1995 to include firms dealing with the Iranian ...
    06/25/2016 - 5:14 am | 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 ...
    06/23/2016 - 3:29 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
    06/22/2016 - 11:40 pm | View Website
  • OIL AGREEMENTS IN IRAN – Encyclopaedia Iranica
    OIL AGREEMENTS IN IRAN (1901-1978): their history and evolution. The history of Iranian oil agreements began with an unprecedented concession granted by Nāṣer-al ...
    06/14/2016 - 3:14 pm | View Website
  • Embargo Lifted, Iranian Oil Reaches Europe
    The embargo denied Iran one of its most important markets for crude oil: Europe once accounted for purchasing roughly 400,000 barrels of Iranian crude a day.
    03/7/2016 - 3:50 pm | View Website
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