GO
Loading...

Iran

More

  • Brent holds above $60 after Saudi price hikes Tuesday, 3 Mar 2015 | 10:10 PM ET

    *Fighting escalates in Libya before UN talks. SINGAPORE, March 4- Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya. In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the OPEC kingpin raised the official selling prices for its oil deliveries to Asia and the United...

  • NEW YORK, March 3- Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation. Higher prices imposed by Saudi Arabia on its crude buyers in Asia, the United States and northwest Europe was another...

  • *Netanyahu hits out against Iran in U.S. Congress, fueling rise. NEW YORK, March 3- Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, and rival Libyan forces targeted oil terminals in the African nation. Gains accelerated just before noon in New York when...

  • *Saudis fear Obama wants Iran deal "whatever the cost". Secretary of State John Kerry flies to Riyadh this week to try to reassure King Salman that any nuclear deal with Iran will be in Saudi interests, despite the kingdom's fears that it may boost Tehran's backing for Shi'ite Muslim groups in the region. While the main critics of the U.S. push for a nuclear deal with...

  • *Netanyahu hits out against Iran in U.S. Congress, fuelling rise. NEW YORK, March 3- Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran and rival Libyan forces targeted oil terminals in the African nation. Gains in Brent accelerated after Netanyahu told the U.S....

  • *Coming Up: American Petroleum Institute data at 2130 GMT. Higher prices imposed by Saudi Arabia for its crude buyers in Asia, the U.S. and northwest Europe did not immediately boost benchmark Brent and U.S. oil futures, although some traders saw the move as supportive. Brent jumped almost 3 percent, trading firmly above the $60- a-barrel support level, as rival...

  • *Israel, Iran tight-lipped on decades-old arbitration. *Pressure in Israel to remove secrecy. But since the 1979 revolution that brought the ayatollahs to power, Iran has been demanding its share of revenues and assets that remained in Israel.

  • *High U.S. and Middle East production maintains supply glut. SINGAPORE, March 3- Brent crude oil prices steadied above $60 a barrel in early Asian trading on Tuesday, supported by traders entering the market after prices dropped sharply in the previous session on the back of record U.S. stocks. "Brent crude prices attempting to rally on rapid week-on-week...

  • OBAMA SAYS HE WANTS TEHRAN TO COMMIT TO' DOUBLE-DIGIT' NUMBER OF YEARS FREEZE ON NUCLEAR DEVELOPMENT AND FOR THAT TO BE VERIFIABLE.

  • President Barack Obama said on Monday that Iran should commit to a verifiable freeze of at least 10 years on its nuclear activity for a landmark atomic deal to be reached, but said the odds were still against sealing a final agreement. In an interview with Reuters at the White House, Obama said that a rift over Israeli Prime Minister Benjamin Netanyahu's planned...

  • *Speculation over Iran nuclear deal, higher Libyan output weigh. *Coming Up: American Petroleum Institute report on Tuesday. NEW YORK, March 2- Brent futures fell 5 percent, its most in a month, on Monday as speculation of a nuclear deal that could lift Iran's sanctions and boost its oil exports brought worries about high supplies back to the market.

  • *Speculation over Iran nuclear deal drove prices down earlier. Iranian Foreign Minister Mohammad Javad Zarif said a deal on Iran's nuclear programme could be concluded this week if the United States and other Western countries had sufficient political will and agreed to remove sanctions on Tehran. Iranian oil exports have been restricted by sanctions for...

  • *Speculation over Iran nuclear deal drove prices down earlier. Iranian Foreign Minister Mohammad Javad Zarif said a deal on Iran's nuclear programme could be concluded this week if the United States and other Western countries had sufficient political will and agreed to remove sanctions on Tehran. Iranian oil exports have been restricted by sanctions for...

  • *Iran Foreign Minister: nuclear deal possible this week. *'Long way to go' to reach Iran nuclear deal- Kerry. LONDON, March 2- Brent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

  • *Iran Foreign Minister: nuclear deal possible this week. *'Long Way To Go' to reach Iran nuclear deal- Kerry. LONDON, March 2- Brent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear programme could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

  • *Iran Foreign Minister: nuclear deal possible this week. LONDON, March 2- Brent crude oil fell almost 2 percent towards $61 a barrel on Monday after Iran said a deal on its nuclear programme could be agreed this week if the West lifted sanctions, which could boost the country's oil exports. Brent crude hit a low of $61.18 a barrel and was at $61.30 by 1220 GMT, down $1.28.

  • *No March bookings of Iran oil shipments by India so far- trade. *MRPL buys from Kuwait, Saudi Arabia to replace Iran oil- source. India, Iran's top client after China, shipped in about 102,200 barrels per day of crude and condensate from Tehran in February, the lowest since July 2013, and down 63 percent from January and 62 percent from a year ago, according to tanker...

  • SANAA, Yemen— A suspected U.S. drone strike Saturday in central Yemen killed three men believed to be al-Qaida militants, security officials said. The U.S. has launched several strikes in recent weeks, reflecting Washington's resolve to keep fighting the militants despite Yemen's political paralysis. Meanwhile Saturday, the Shiite rebels who control Yemen's...

  • Asian imports of Iranian crude fall nearly 22 pct Friday, 27 Feb 2015 | 3:47 AM ET

    *Iran sales to Asia below 1 mln bpd in Jan, first time since Oct. *Cautious optimism on Iran's nuclear deal with West. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- averaged 982,525 bpd last month, the first time the level had dropped below the 1 million bpd mark since October last year, government and trade data showed.

  • Call them Islamic extremists Thursday, 26 Feb 2015 | 2:34 PM ET
    In this image made from video posted on a social media account affiliated with the Islamic State group on Thursday, Feb. 26, 2015, which has been verified and is consistent with other AP reporting, militants attack ancient artifacts with sledgehammers in the Ninevah Museum in Mosul, Iraq.

    The US needs to stop tiptoeing around religious sensitivity when it comes to terrorist acts in the name of Islam, says David Phillips.