Asia Top News and Analysis Iran

  • Sept 25- Iran introduced credit cards for the first time on Sunday, the Iranian Students' News Agency reported. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions. Valiollah Seif, the head of the central bank...

  • Sept 25- Iran introduced credit cards for the first time on Sunday, the Iranian Students' News Agency reported. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions. Valiollah Seif, the head of the central bank...

  • TEHRAN, Iran— Iran's state TV is saying the country has started its first web-based national general census. This is the first time that Iran is using the internet to gather data for the census it conducts every five years. Iran's statistics center expects one third of the country's nearly 23 million households to choose the web-based service.

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters, as Riyadh tries to strike an elusive OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join.

  • Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. The offer, yet to be accepted or rejected by Tehran, was made this month, the sources told Reuters ahead of three-day talks in Algeria beginning Monday...

  • WASHINGTON, Sept 23- Senior Republican U.S. House of Representatives lawmakers made clear on Friday they will keep campaigning against Boeing and Airbus jetliner sales to Iran, despite the Treasury Department's announcement that it had begun issuing licenses for the exports. Republican Representatives Pete Roskam and Jeb Hensarling wrote to Treasury's...

  • Crude oil refining in Russia

    A touted oil production freeze by Saudi Arabia might not be enough to boost crude prices, even if it goes ahead, the Russian finance minister told CNBC.

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join. Riyadh is ready to cut output to levels...

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, four sources familiar with the discussions told Reuters. Riyadh is ready to cut output to levels seen early this year in exchange for Iran freezing production at the current level,...

  • LONDON, Sept 23- Oil prices jumped on Friday after sources told Reuters Saudi Arabia could reduce its crude production should regional foe Iran cap its own output this year. The Saudi offer, ahead of next week's meeting of OPEC ministers trying to staunch oil price losses, has yet to be accepted by Tehran, three sources familiar with the discussions told Reuters.

  • Saudi Arabia offers to cut oil output on one condition

    The oil-rich kingdom said it would lower its own production if rival Iran agrees to cap its output this year.

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions told Reuters. Riyadh is ready to cut output to levels seen early this year in exchange for Iran freezing production at the current level,...

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to lower its own oil production if rival Iran agrees to cap its output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions told Reuters. Riyadh is ready to cut output to lower levels seen early this year in exchange for Iran freezing production at the current...

  • *Iran to ship pellets to maximise returns amid weak prices. DALIAN, China, Sept 23- Iran is planning to halt the export of raw iron ore from March 2017 and instead sell processed form of the steelmaking ingredient to maximise returns under an era of low prices, an industry official said on Friday. Iran prefers to export value-added products with much higher prices, "...

  • DUBAI/ LONDON, Sept 22- As far as OPEC decision-making is concerned, Algeria, which plays host to oil ministers next week, has always been the land of surprises. The stars could align for OPEC again next week when its ministers return to Algiers and look ready to curb output for the first time in eight years, according to OPEC officials and sources.

  • DUBAI/ LONDON, Sept 22- As far as OPEC decision-making is concerned, Algeria, which plays host to oil ministers next week, has always been the land of surprises. The stars could align for OPEC again next week when its ministers return to Algiers and look ready to curb output for the first time in eight years, according to OPEC officials and sources.

  • STOCKHOLM, Sept 22- Hazaras are a mainly Shi'ite community, several thousand of whom have fled to Sweden in recent years to escape abuse and poverty in marginalised communities in Afghanistan and Iran. Many fled to Iran and Pakistan, where rights groups say they are still persecuted. There are around 951,000 Afghan refugees in Iran, many of them Hazaras, and 1.56...

  • STOCKHOLM, Sept 22- Hazaras are a mainly Shi'ite community, several thousand of whom have fled to Sweden in recent years to escape abuse and poverty in marginalized communities in Afghanistan and Iran. Many fled to Iran and Pakistan, where rights groups say they are still persecuted. There are around 951,000 Afghan refugees in Iran, many of them Hazaras, and 1.56...

  • High probability OPEC get something done: Pro

    Anish Kapadia, managing director at Tudor, Pickering, Holt & Co., explains why he believes there is a good chance of an OPEC deal being done in Algiers.

  • DUBAI, United Arab Emirates— Aviation giants Airbus and Boeing Co. have received permission from the U.S. government to sell aircraft to Iran, part of landmark deals potentially worth some $50 billion in total following last year's nuclear accord. The next administration, however, may change that equation for Airbus and Boeing, whose possible deal with Iran...