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Asia Top News and Analysis Iran

  • *Trump move shows support for Obama era nuclear deal with Iran. President Donald Trump on Wednesday extended wide sanctions relief for Iran called for under a 2015 international nuclear deal even as he imposed narrow penalties on Iranian and Chinese figures for supporting Iran's ballistic missile program. The dual actions, announced by the Departments of...

  • President Donald Trump on Wednesday extended wide sanctions relief for Iran called for under a 2015 international nuclear deal even as he imposed narrow penalties on Iranian and Chinese figures for supporting Iran's ballistic missile program. The dual actions, announced by the Departments of State and Treasury, appeared designed to signal toughness on...

  • WASHINGTON— The Trump administration took a key step Wednesday toward preserving the Obama-era nuclear deal with Iran, coupling the move with fresh ballistic missile sanctions to show it isn't going light on the Islamic republic. The State Department said Iran would continue to enjoy relief from decades-old economic measures punishing Tehran for its...

  • President Donald Trump, who slammed the Iran nuclear deal as a candidate, on Wednesday will extend sanctions relief for Iran that was called for under the 2015 pact, two U.S. officials told Reuters. The officials, who spoke on condition of anonymity, said the administration would formally announce it was renewing sanctions waivers that were granted to Iran as...

  • TEHRAN, Iran— Iranian state media says four ATR 72-600 s are being delivered, the first installment of a deal with the French manufacturer to purchase 20 passenger planes following the lifting of sanctions under the 2015 nuclear deal. The planes were officially given to Iran Air in a ceremony Tuesday in Toulouse, where ATR is based. Iran Air finalized a deal last...

  • The first of 20 ATR 72-600 s ordered by IranAir were handed over at Franco-Italian planemaker ATR's Toulouse headquarters and are scheduled to arrive in Tehran on Wednesday. The deliveries will bring to seven the number of new Western aircraft delivered to Iran since trade reopened under a deal between Tehran and major powers to ease sanctions in exchange...

  • LONDON/ DUBAI, May 16- A proposal to extend an OPEC and non- OPEC supply cut for nine months is a postive idea, sources familiar with Iranian thinking said, suggesting OPEC's third-largest producer is likely to go along with such a plan if there is a consensus. "This statement shows the commitment by OPEC and major non- OPEC oil producers to bringing stability to the oil...

  • LONDON/ PARIS/ FRANKFURT, May 16- French carmakers PSA and Renault are turning their U.S. absence into an Iranian advantage by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration. PSA- the maker of Peugeots and Citroens- and Renault have pushed hard into Iran since its 2015 deal with world...

  • President Donald Trump signs a revised executive order for a U.S. travel ban on Monday, leaving Iraq off the list of targeted countries, at the Pentagon in Washington.

    U.S. appeals court judges questioned the lawyer defending President Donald Trump's temporary travel ban about whether it discriminates against Muslims.

  • LONDON/ PARIS/ FRANKFURT, May 16- French carmakers PSA and Renault are turning their U.S. absence into an Iranian advantage by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration. PSA- the maker of Peugeots and Citroens- and Renault have pushed hard into Iran since its 2015 deal with world...

  • Workers at an oil facility near Riyadh, Saudi Arabia.

    Extending oil cuts to 2018 won't be enough to maintain higher oil prices, says trader Naeem Aslam.

  • Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain.

    CNBC's Seema Mody reports the latest on crude prices, the OPEC meeting later this month and big movers in energy.

  • Protesters rally during a demonstration against the travel ban at John F. Kennedy International Airport on January 28, 2017 in New York City.

    A federal appeals court is set to hear arguments over President Donald Trump's temporary travel ban on people entering the U.S. from six Muslim-majority countries.

  • Oil will be range bound in coming months Skeptical about $60 per barrel

    James Butterfill, head of research and investment strategy at ETF Securities, and Dean Turner, economist in U.K. Investment Office at UBS Wealth Management, discuss the price of oil.

  • *Iran energy studies yet to turn into firm investment. TEHRAN, May 11- Desperate to show off the rewards of his landmark deal to get sanctions lifted from Iran, President Hassan Rouhani has rolled out the red carpet for global investors before he faces the voters in an election next week. Total has been poised to be the first European energy major to put real money...

  • Miswin Mahesh, oil analyst at Energy Aspects, speaks about compliance with OPEC's current agreement to cut supply.

  • MOSCOW, May 10- Russia has steeply raised Urals oil supplies to India, taking market share from OPEC countries that are cutting production as part of a global pact to prop up prices, traders said and shipping reports showed on Wednesday. India's main crude suppliers, Saudi Arabia and Iraq, cut exports to India this year due to production curbs under the agreement...

  • Saudi army artillery fire shells towards Houthi positions from the Saudi border with Yemen April 13, 2015.

    Long-time U.S. ally Saudi Arabia is pushing to diversify the country's arms suppliers and the Russians are very happy to help.

  • DUBAI, May 6- Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non- OPEC producers are likely to extend output curbs to support prices, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Saturday. Oil prices closed higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi...

  • Russian President Vladimir Putin (R) and Turkish President Recep Tayyip Erdogan (L) attend their joint press conference at the Kremlin on March 10, 2017 in Moscow, Russia.

    Russia, Turkey and Iran have signed a memorandum creating safe zones in Syria yet the delegation of the armed Syrian opposition stormed out of peace talks.