 |
US 'may exten Iran sanction waivers to India, others'The US is likely to announce on Friday that it will give at least seven economies including India, South Korea and Turkey another six-month reprieve from financial sanctions against Iran, two US government sources said. As Washing More… |
 |
World's spare oil capacity grows to 2m bpdThe world's spare oil production capacity outside of Iran rose in last two months as gasoline demand waned in the US and oil use for power generation fell in the Middle East, the US government said in a bimonthly report. In Se More… |
 |
UN panel expands Iran sanctions listA UN Security Council committee has expanded its Iran blacklist to include two Iranian individuals and one firm for attempting to skirt UN sanctions by shipping arms to Africa in 2010, the US envoy to the United Nations said. 'The indi More… |
 |
Iraq eyes waiver on US Iran sanctionsIraq could seek a waiver from the United States on sanctions on Iran because of its high trade with the neighbouring country and to protect its foreign reserves from penalties, an Iraqi government spokesman said on Friday. The US governmen More… |
 |
Shell sees EU Iran sanctions pushing up oil pricesRoyal Dutch Shell will implement the terms of a European Union embargo on Iranian crude but will need some time to study details of the sanctions which are likely to push oil prices higher, said chief executive Peter Voser. 'We are a E More… |
 |
Saudi, Qatar to supply Japan with more oilSaudi Arabia and Qatar are ready to supply Japan with more oil in the event of a shortage due to new sanctions imposed on Iran by the West, according to reports. Saudi Arabia and Japan pledged to boost cooperation in the energy sector with More… |
 |
Iran sanctions: US may blacklist many banksThe US Treasury is close to a decision on blacklisting several foreign banks for defying sanctions against Iran, a senior Treasury official said on Tuesday as lawmakers voiced concerns about weak enforcement of an Iran sanctions law passed last ye More… |
 |
Russia says against Iran sanctionsRussia remains opposed to any unilateral sanctions against Iran despite banning the delivery of S-300 air defence missile systems to Tehran earlier this week, Foreign Minister Sergei Lavrov said on Saturday. 'They (unilateral sanc More… |
 |
New Iran sanctions unacceptable, says RussiaRussia condemned new EU sanctions on Iran on Tuesday, tempering hopes of closer co-operation between Moscow and the West over Iran's nuclear programme. EU foreign ministers on Monday approved a range of extra restrictions on Iran that More… |
 |
EU tightens screw on Iran with extra sanctionsThe European Union adopted tighter sanctions on Iran over its disputed nuclear programme on Monday, with steps to block oil and gas investment and curtail Tehran's refining and natural gas capability. The measures go well beyond sancti More… |
