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  • TEHRAN, Iran— Closer ties between Iran and Germany will help bridge the gap between Europe and the entire Middle East, Iran's president said as Iran and Germany announced plans to hold their first joint economic conference in a decade, the official IRNA news agency reported on Monday. Hassan Rouhani, who met visiting German Economy Minister Sigmar Gabriel, said...

  • TEHRAN, Iran— The lawyer of a Washington Post journalist detained in Iran said Monday that the next hearing in his espionage trial likely will be the last, though she's still uncertain when that will be. Bureau chief Jason Rezaian, 39, has been held almost a year and has faced three other closed-door hearings in its trial in a Revolutionary Court in Tehran, even as...

  • BRUSSELS, July 20- The European Union approved the Iran nuclear deal with world powers on Monday, a first step towards lifting Europe's economic sanctions against Tehran that the bloc hopes will send a signal that the U.S. Congress will follow. "It is a balanced deal that means Iran won't get an atomic bomb," said French Foreign Minister Laurent Fabius.

  • Monitoring Iran 'biggest worry': Robert Hormats Monday, 20 Jul 2015 | 7:07 AM ET
    Monitoring Iran 'biggest worry': Robert Hormats

    Robert Hormats, Kissinger Associates, shares his thoughts on the nuclear agreement between Iran and top global leaders.

  • BRUSSELS, July 20- The European Union will approve the Iran nuclear deal with world powers on Monday, a first step towards lifting Europe's economic sanctions against Tehran that the bloc hopes will send a signal that the U.S. Congress will follow. The EU will eventually lift its economic and financial sanctions and may reopen an EU delegation in Tehran, but will...

  • *European shares rise, reversing fall in Asia. LONDON, July 20- The dollar jumped to three-month highs on Monday, extending its recent run of gains as expectations of a U.S. rate rise gathered pace, while gold prices plunged to their lowest in more than five years. Greece- related fears continued to recede as the country's banks reopened for the first time in three...

  • Foreign investors try to tap into Iran Monday, 20 Jul 2015 | 1:00 AM ET

    LONDON/ NEW YORK, July 20- A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy. Brokerage Renaissance Capital predicts $1 billion will flow into Iran in the first year after sanctions end, although that is not...

  • Can Iran add million more barrels a day? Unlikely: Pro Monday, 20 Jul 2015 | 12:45 AM ET
    Can Iran add million more barrels a day? Unlikely: Pro

    Helima Croft, chief commodities strategist at RBC Capital Markets, explains why she doesn't think that Iran can add a million barrels to daily oil production after sanctions are lifted.

  • TEHRAN, July 19- German Vice Chancellor Sigmar Gabriel urged Iran at the start of a three-day visit to improve its relationship with Israel if it wanted to establish closer economic ties with Germany and other western powers. That puts Germany in a delicate position as it seeks to win new business in Iran after a 12- year standoff over Iran's nuclear programme...

  • By travelling to Tehran with a delegation of industry group representatives and company officials, Gabriel sends a strong signal that Germany wants to quickly rebuild economic and political ties with Iran after a 12- year standoff over Tehran's nuclear programme. Under an agreement struck on Tuesday, sanctions imposed by the United States, European Union...

  • China has had the bomb for 50 years and has a stockpile of perhaps 250 weapons. This agreement facilitates the transfer of U.S. technology for civilian use, and blocking or delaying it could complicate already tense U.S.- China relations. Four American-designed reactors worth $8 billion are under construction in China, and dozens more are planned or proposed...

  • Iran's leader: Like the deal, still hate the US Saturday, 18 Jul 2015 | 2:01 PM ET
    Iran's supreme leader, Ayatollah Ali Khamenei

    In his first speech since a nuclear agreement was reached, Iran's supreme leader backed the deal without criticizing any of its terms.

  • While it will likely be months before sanctions on Iran ease, business and political leaders are wasting no time in trying to tap into a large and what they hope will be a lucrative Iranian market. Airlines in Dubai are fast adding new Iran routes to meet growing demand. Deal or no deal, U.S. sanctions not related to the nuclear program will still be in place and bar...

  • *Iran starts moving oil stored offshore to Asia. NEW YORK, July 17- Brent crude rose and U.S. futures dipped on Friday in choppy trading as expectations of increased exports from Iran capped prices and helped both contracts post their third consecutive weekly losses. "The rig count is a bullish element and might help keep U.S. crude above $50 and we might see some...

  • *Iran starts moving oil stored offshore to Asia. *Baker Hughes says oil rig count down seven this week. NEW YORK, July 17- Crude oil prices slipped in choppy trading on Friday and were headed for a third week of losses, amid pressure from a stronger dollar and expectations of increased exports from Iran.

  • July 17- The resurgence in drilling seen earlier this month seemed to fizzle this week as U.S. energy firms cut seven oil rigs, oil services company Baker Hughes Inc data showed on Friday. That was the 30th weekly oil rig decline in the past 31 weeks, bringing the total down to 638, the lowest since the last week in June, said Baker Hughes in its closely followed report.

  • Iran is opening for business—unless you're from US Friday, 17 Jul 2015 | 12:59 PM ET
    Two veiled women look at smart phone brands in Paytakht computer mall in Tehran, Iran.

    European and Asian business could pour into Iran if sanctions are lifted, but U.S. law would keep most Americans on the sidelines.

  • *Iran starts moving oil stored offshore to Asia. NEW YORK, July 17- Crude oil prices slipped in choppy trading on Friday, heading for a third week of losses and feeling pressure from a stronger dollar and expectations of increased exports from Iran. "WTI selling is continuing off of dollar strengthening," Jim Ritterbusch, president at Ritterbusch& Associates in...

  • *Iran starts moving oil stored offshore to Asia. "With the Iran deal people are aware there is more supply coming so all impetus for a price correction higher has gone," said Hans van Cleef, senior energy economist at ABN Amro in Amsterdam. Iran has started to ship oil to Asia that it had been storing offshore for months after Tehran and six world powers reached a...

  • NEW DELHI, July 17- Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port that will open up access to Central Asia, Iran's envoy to New Delhi said on Friday. Rouhani suggested the larger role for India during a meeting with Prime Minister Narendra Modi on...