Sunday 13 July 2014
 
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sanction

Iraq to stay ahead of Iran in race for Opec No 2 spot

A full lifting of sanctions on Iran could spark new rivalries within the Organisation of the Petroleum Exporting Countries (Opec) as Tehran seeks to reclaim its rank as No 2 producer from former foe Iraq.   The t

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Bitten by sanctions, Iranians back nuclear compromise

After years of tough sanctions over Iran's nuclear programme, many in the country now say they want the government to make compromises that could satisfy world powers and allow a semblance of prosperity to return.  

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'Nuclear deal needed for lifting all Iran sanctions'

The United States would like to see all sanctions on Iran lifted but that can only happen "in total" after a comprehensive deal on Tehran's nuclear programme is reached, a senior US official said on Thursday. The off

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China, India raise alumina sales to Iran

Iran has hiked purchases of alumina from China and India in the past two months as the country scrambles to shore up supply after the US tightened sanctions on raw and semi-processed materials at the start of July. Western measure

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S Korea's crude imports fall, more cuts needed

South Korea's imports of crude from Iran fell 7 per cent in June, against the daily average for the previous six months, less than half the rate Seoul has pledged it will cut oil shipments from the sanctions-hit country over the next six mon

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US to rigorously enforce gold ban on Iran

  The US will rigorously enforce "without fear or fail" sanctions starting on July 1 that ban governments or private companies from selling gold to Iran, a top Treasury official said.

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US ban on covert Iran oil shipping network

  The United States slapped financial sanctions on a Greek businessman it says secretly operated a shipping network on behalf of the Iranian government to get around international sanctions on the country's sale of oil.

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Turkey to Iran gold trade wiped out by US sanction

Tighter US sanctions are killing off Turkey's gold-for-gas trade with Iran and have stopped state-owned lender Halkbank from processing other nations' energy payments to the Opec oil producer, bankers. US officials have so

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StanChart row: fact or fiction?

  It was in October 2006 that a senior executive at Standard Chartered in New York pressed the alarm bell over the bank's dealings with Iranian customers.   Realizing the bank was being too slow

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China's ZTE 'planned US computer sale to Iran'

China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed US computer equipment, a Reuters report said. The American com

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