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Asia Top News and Analysis Iran


  • oil_barrells_ap_200.jpg

    The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.

  • Nuclear Inspectors to Return to Iran for More Checks Sunday, 19 Feb 2012 | 5:04 AM ET
    Iran Nuclear site

    In a renewed effort to secure answers about the scope of Iran's nuclear program, inspectors from International Atomic Energy Agency (IAEA) are expected to return to Tehran this week.

  • Iranian Warships Enter the Mediterranean Sea: Reports Saturday, 18 Feb 2012 | 6:18 AM ET
    An international oil tanker passes through the Suez canal in Ismailia, Egypt.

    Iranian warships entered the Mediterranean Sea through the Suez Canal on Saturday, according to various press reports.

  • Oil Price Spike Likely 'Within Months': Charts Pro Thursday, 16 Feb 2012 | 2:45 AM ET

    An oil price spike is likely this year as 10-year volatility is below average and geopolitical risks are not properly priced in, Ron William, a technical strategist at Mig Bank, told CNBC.com.

  • Should Investors Worry Over Iran? Tuesday, 14 Feb 2012 | 1:41 PM ET
    Should Investors Worry Over Iran?

    Richard Madigan, JPMorgan Global Access Portfolios, explains whether investors should be concerned about growing tensions in the Middle East, particularly Iran.

  • Gas Approaching $4 a Gallon This Summer: Gulf CEO Monday, 13 Feb 2012 | 12:29 PM ET

    The chief executive of Gulf Oil sees gasoline approaching $4 a gallon this summer despite declining demand as more refineries close and tensions heat up in the Middle East.

  • Israel's Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting in Jerusalem May 10, 2009. REUTERS/Ammar Awad (JERUSALEM)

    Israel will bomb Iran and it’s increasingly likely to happen this year, according to Alastair Newton, Senior Political Analyst at Nomura.

  • EU Officials Try to Coax India Into Iran Faceoff Thursday, 9 Feb 2012 | 5:45 AM ET
    Tehran, Iran

    India, which imports 12 percent of its oil from Iran, has not jumped on the drawdown bandwagon just yet.

  • Malaysian Exporters Halt Palm Oil Supply to Iran Wednesday, 8 Feb 2012 | 1:21 AM ET
    Workers harvesting oil palm fruits at an Indonesian plantation.

    Malaysian palm oil exporters have stopped supplying most of the 30,000 metric tons of the food staple Iran used to buy each month from the Southeast Asian producer as fresh Western financial curbs on Tehran stymie payment procedures, two trading sources said.

  • China Buys Up Saudi, Russian Oil to Squeeze Iran Tuesday, 7 Feb 2012 | 6:11 PM ET

    China is scouring the world for alternative oil supplies to replace a fall in its imports from Iran, as it seeks to negotiate lower prices from Tehran, and has been drawing heavily on Saudi Arabia.

  • Tensions in the Middle East Driving Oil Prices Tuesday, 7 Feb 2012 | 7:00 AM ET
    Tensions in the Middle East Driving Oil Prices

    Discussing the geopolitical risk from the tensions in the Middle East, with Donald Drapkin, Casablanca Capital; Ian Bremmer, Eurasia Group, and Laurence Korb, former assistant Secretary of Defense.

  • BP to Keep Dividend Policy If Oil Rises: CEO Tuesday, 7 Feb 2012 | 6:13 AM ET
    Bob Dudley, the Executive Director of BP, arrives at their headquarters in St James's Square on July 26, 2010 in London, England.

    BP will continue its raised dividend policy on the back of higher profits for the oil company as long as oil prices continue their upward trajectory, the company's CEO Bob Dudley told CNBC Tuesday.

  • Saudi Arabia Will Not Let Oil Go Above $100: Prince Monday, 6 Feb 2012 | 5:29 PM ET

    An "element of fear" over Iran is playing into the price of oil despite higher supply and decreasing demand, Saudi Prince Alwaleed bin Talal al Saud told CNBC Monday.

  • Tensions With Iran Escalate Monday, 6 Feb 2012 | 2:15 PM ET
    Tensions With Iran Escalate

    A look at Tehran's reponse to the Obama administration announcing new sanctions today against the defiant nation, with NBC's Ali Arouzi.

  • Iran Softens Line on Cutting Oil to Europe Sunday, 5 Feb 2012 | 2:31 PM ET
    Iranian Flag

    Iran has indicated that its threat to cut oil supplies to European states in order to pre-empt a European Union oil embargo that comes into effect in July may be only a symbolic one.

  • Iran: 'Some' European Countries to Lose Oil Imports Saturday, 4 Feb 2012 | 7:22 AM ET
    Iranian navy conducts the "Velayat-90" naval wargames in the Strait of Hormuz in southern Iran on January 1, 2012. Iran defiantly announced that it had tested a new missile and made an advance in its nuclear programme after the United States unleashed extra sanctions that sent its currency to a record low.

    A series of tit-for-tat statements between Iran and the European Union showed no signs of abating on Saturday, with the Iranian Oil Minister saying that oil exports “will certainly be cut to some European countries.”

  • Member of Iran's Revolutionary Guard

    An Iranian missile under construction, caught up in a mysterious blast in November, had a range of 6,000 miles, a senior Israeli official said Thursday in a speech outside Tel Aviv, the Christian Science Monitor reports.

  • Romney Stock Trades Clash With Divestment Pledge Thursday, 2 Feb 2012 | 8:33 AM ET
    Mitt Romney

    During his presidential campaign in 2007, Republican candidate Mitt Romney promised that a trust overseeing his financial portfolio would shed any investments that conflicted with GOP positions toward Iran, China, stem cell research and other issues.

  • Iran Oil Ban Would Hurt EU, Boost Price: OPEC Monday, 30 Jan 2012 | 11:49 AM ET

    Any decision by Iran to cut oil exports to the European Union will affect the price of oil and hurt the region's economy, OPEC Secretary General Abdalla Salem El-Badri told CNBC on Monday.

  • Gold

    Gold priced in euros broke above of key trend line Monday morning, as safe-haven buying and upward technical momentum continue to help the precious metal rally.