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Asia Top News and Analysis Iran

  • Vessels pass an oil refinery in the waters off the southern coast of Singapore.

    Oil gave up gains on Monday as a rise in U.S. drilling countered expectations that OPEC will extend output cuts until the end of 2017.

  • President Donald Trump speaks to Associated Press Chief White House Correspondent Julie Pace in the Oval Office in Washington, Friday, April 21, 2017.

    An interview with Trump over his first 100 days in office, from relationships with el-Sissi and Merkel to his opinions on cable news.

  • LONDON/ TAIPEI, April 21- Taiwan's troubled Yang Ming Marine Transport Corp is halting its container service to Iran, becoming the first foreign shipping line to abandon the route a year after international sanctions on Tehran were lifted, according to a company source. Yang Ming, the world's ninth largest container shipping line, is a comparatively small...

  • Iran is also putting about 3 million barrels back into storage in May, according to the source, underlining how much oil remains available in the market despite an agreement between the Organization of the Petroleum Exporting Countries and non- OPEC producers to cut output and boost prices. Crude oil loadings from Iran are expected to total nearly 1.7 million...

  • *Iraq could ask to be exempted- senior Iraqi politician. ABU DHABI, April 20- Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that OPEC plans to extend into the second half of the year a deal with non-member producers to curb supplies of crude. "Russia is on board preliminarily...

  • Secretary of State Rex Tillerson on Wednesday accused Iran of' alarming ongoing provocations' to destabilize countries in the Middle East as the Trump administration launched a review of its policy towards Tehran. "A comprehensive Iran policy requires we address all of the threats posed by Iran and it is clear there are many," Tillerson told reporters at the...

  • Secretary of State Rex Tillerson speaks during the second annual U.S.-Saudi Arabia CEO Summit at the U.S. Chamber of Commerce, on April 19, 2017 in Washington, DC.

    Tillerson said "the Trump administration is currently conducting across the entire government a review of our Iran policy."

  • Secretary of State Rex Tillerson comments on Iran

    CNBC's Kayla Tausche recaps Secretary of State Rex Tillerson's announcement on Iran.

  • LONDON, April 19- The United States must keep military options on the table when dealing with North Korea, but it does not want to use them unless it has to, U.S. House of Representatives Speaker Paul Ryan said during a visit to Britain on Wednesday. President Donald Trump has taken a hard line with North Korean leader Kim Jong Un, who has rebuffed admonitions from...

  • Tillerson: Conducting review of Iran policy

    Secretary of State Rex Tillerson answers questions on Iran-U.S. relations.

  • Tillerson: Iran spends time disrupting peace

    Secretary of State Rex Tillerson makes a statement on Iran-U.S. relations.

  • An Iranian woman and her son walk past Shahab-2 (L) and Shahab-3 missiles on display in front of a large portrait of Iran's Supreme Leader Ayatollah Ali Khamenei in a square in south Tehran.

    White House spokesperson Sean Spicer told reporters at a daily press briefing: "He's doing the prudent thing by asking for a review of the current deal."

  • WASHINGTON, April 19- The White House is aware of "potential negative impacts" from a review ordered by President Donald Trump of whether lifting sanctions through the Iran nuclear deal was in U.S. national security interests, his spokesman said on Wednesday. The agreement between Iran and six world powers, negotiated during Barack Obama's presidency, placed...

  • *U.S. to review lifting of sanctions against Iran. NEW YORK, April 19- Oil slid more than 1 percent on Wednesday, after U.S. data showed a counter-seasonal build in gasoline inventories and a smaller-than-expected decline in overall crude stocks coupled with another rise in domestic crude production. Brent crude futures fell 85 cents, or 1.6 percent, to $54.04 a...

  • *U.S. to review lifting of sanctions against Iran. NEW YORK, April 19- Oil edged lower on Wednesday, after U.S. data showed a smaller-than-expected decline in overall crude inventories coupled with another rise in production, hindering OPEC's efforts to reduce a global surplus of crude. "Rising oil output in the U.S. remains the predominant bearish factor for...

  • Foreign companies have been vying for contracts in Iran since economic sanctions were lifted last year in return for Tehran curbing its nuclear program. "We are in very, very intense discussions, actually almost on a weekly basis," Karsten Zang, Lufthansa's regional director for the Gulf, Iran, Pakistan and Afghanistan, said at a press briefing in Dubai.

  • LONDON, April 19- Oil edged higher on Wednesday as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the United States and still-high global stocks threatened to pull prices lower. Brent crude futures were up 19 cents at $55.08 a barrel at 1331 GMT, while U.S. crude futures were up 15 cents at $52.56.

  • Foreign companies have been vying for contracts in Iran since economic sanctions were lifted last year in return for Tehran curbing its nuclear technology development projects. "We are in very, very intense discussions, actually almost on a weekly basis," said Karsten Zang, Lufthansa's regional director for the Gulf, Iran, Pakistan and Afghanistan, at a press...

  • LONDON, April 19- Oil edged higher on Wednesday as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the United States and still-high global stocks threatened to pull prices lower. Brent crude futures were up 27 cents at $55.16 a barrel at 1106 GMT, while U.S. crude futures were up 20 cents at $52.61.

  • *U.S. to review lifting of sanctions against Iran. LONDON, April 19- Oil steadied on Wednesday after OPEC said it was committed to eroding a global supply overhang that has dogged markets since 2014, but with U.S. output and inventories rising, analysts said prices looked vulnerable. Looking at the latest price reactions, one might conclude that the only reason for...