Thursday 2 April 2015
 
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Sanctions

More Iran oil post-sanctions, aimed at Asia, may hurt Iraq

A possible surge in Iranian oil exports from an end to sanctions will reboot a struggle between top Middle East producers for Asian buyers, with Iraq looking the most vulnerable.   The latest twist to the saga of

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Iran deal: deadline nears

With a deadline hours away, Iran and six world powers ramped up the pace on Tuesday in negotiations over a preliminary deal on Tehran's nuclear programme, while officials cautioned that any agreement would likely be fragile and incomplete.

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Caution needed in dealing with Iran says expert

Oil and gas operators planning to re-enter the Iranian market could face months of delay even if sanctions are lifted this month, according to energy experts at international law firm Pinsent Masons.   The so-called P5+1 count

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More Iran oil post-sanctions may hurt Iraq

A possible surge in Iranian oil exports from an end to sanctions will reboot a struggle between top Middle East producers for Asian buyers, with Iraq looking the most vulnerable. The latest twist to the saga of aggressive marketin

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Iran storing 30 million barrels of oil at sea

Iran is storing at least 30 million barrels of oil on its fleet of supertankers as Western sanctions continue to keep a lid on sales, tanker market sources say.   World powers are trying to reach a framework deal

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Iran ready to boost oil exports

Iran is ready to boost its oil exports by up to 1 million barrels per day (mbpd) when Western sanctions over its nuclear programme are lifted, the official Irna news agency quoted Oil Minister Bijan Zanganeh as saying. &n

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Iran nuclear deal may open oil taps in months, not weeks

A possible deal over Iran's nuclear programme that would phase out economic sanctions against Tehran is unlikely to flood world markets with more oil any time soon, despite Iran's declared intention to claw back market share lost becau

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Iran yet to receive $7.8bn for oil sales

Iran has yet to receive $7.8 billion for crude oil sales made in recent months, government spokesman Mohammad Baqer Nobakht was quoted as saying, as Western sanctions keep Tehran shut out of the global banking system.  

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Asian imports of Iran crude fall 22pc

Asian imports of Iranian crude fell nearly 22 per cent from a year ago to below 1 million barrels per day (bpd) in January, led by cuts in India, where refiners had been asked to curtail orders ahead of a visit by US President Barack Obama.

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Iran smuggles in $1bn of bank notes: report

At least $1 billion in cash has been smuggled into Iran as it seeks to avoid Western sanctions, a bigger figure than previously reported, Iranian officials and Western intelligence and diplomatic sources say. Sanctions imposed by

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