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Asia Top News and Analysis Iran

  • OSLO, Oct 17- Norway's Saga Energy has signed a 2.5 billion-euro deal to build solar power plants in Iran, the company said on Tuesday, just days after U.S. Eventually, the plan is to build a plant in Iran to churn out solar panels, he added. On Friday, Trump announced that he would decertify the 2015 nuclear agreement reached under his predecessor, Barack Obama, leaving...

  • *U.S.- Iran tension helps raise global risk premium for oil. Brent crude futures gained 6 cents, or 0.1 percent, to settle at $57.88 per barrel, while U.S. crude gained 1 cent to settle at $51.88. The Baghdad government recaptured territory across northern Iraq from Kurds on Tuesday, widening a campaign that has shifted the balance of power in the country.

  • Gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf.

    President Trump may find it difficult to prevent Iran from selling its oil, a proven way to pressure the U.S. adversary, analysts warn.

  • BEIRUT, Oct 17- Iran is ready to do business with U.S. oil and gas companies, oil minister Bijan Zanganeh said on Tuesday, according to SHANA, the news site of the Iranian oil ministry. "American companies can come to Iran and benefit so Mr. His Iran strategy angered Tehran and put Washington at odds with other signatories of the accord- Britain, France, Germany, Russia,...

  • PARIS, Oct 17- French oil and gas major Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Teheran after President Donald Trump said he will not certify the landmark Iran nuclear deal. Total Chief Executive Officer Patrick Pouyanne said in an interview with International Oil Daily the company...

  • *Iran plans to boost oil, gas output by 2021. President Donald Trump's revised hardline policy towards Iran will have little impact on Tehran's ambition to develop its vital oil industry and attract foreign investment, a senior Iranian official said on Tuesday. Trump's decision last Friday not to certify that Iran was complying with last year's international...

  • PARIS, Oct 17- French oil and gas major Total will push ahead with its Iran gas project if the United States decides to slap unilateral sanctions on Teheran after President Donald Trump said he will not certify the landmark Iran nuclear deal. Total's Chief Executive Officer Patrick Pouyanne said in an interview with International Oil Daily that the company...

  • *Iran plans to boost oil, gas output by 2021. President Donald Trump's revised hardline policy towards Iran will have little impact on Tehran's ambition to develop its vital oil sector and attract foreign investment, a senior Iranian official said on Tuesday. Trump's decision last Friday not to certify that Iran was complying with a landmark 2016...

  • *U.S.- Iran tension helps raise global risk premium for oil. Brent crude futures were down 60 cents, or 1 percent, at $57.22 a barrel by 11:44 a.m. EDT. The Baghdad government recaptured territory across northern Iraq from Kurds on Tuesday, widening a campaign that has shifted the balance of power in the country.

  • President Donald Trump's decision not to certify an international nuclear deal with Tehran has little implication for the future of Iran's oil industry, a senior official said on Tuesday. "I think the statement and policy... has little or no effect and implication on our future plan in the oil industry," Amir Zamaninia, Iran's deputy oil minister for trade and...

  • PARIS, Oct 17- President Donald Trump's hawkish new approach towards Tehran, coupled with banking worries and domestic political turbulence in both countries, are causing growing uncertainty over Iran's $36 billion deal to buy airliners from Boeing, Airbus and ATR. Trump struck a blow against the nuclear agreement with Iran on Friday choosing not to certify...

  • *U.S.- Iran tension helps raise global risk premium for oil. LONDON, Oct 17- Oil prices firmed on Tuesday, building on gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while tension rose between the United States and Iran. The Baghdad government recaptured territory across northern Iraq from Kurds on Tuesday,...

  • An Iranian man reads a newspaper on October 14, 2017. U.S. President Donald Trump is on the front page following news that he has decertified a nuclear deal between the two countries and others.

    President Trump risks alienating moderates in Iran with the power to help effect peaceful change, one analyst says.

  • *U.S.- Iran tension helps raise global risk premium for oil. LONDON, Oct 17- Oil prices firmed on Tuesday, building on gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while tension rose between the United States and Iran. The Baghdad government recaptured territory across northern Iraq from Kurds on Tuesday,...

  • U.S. President Donald Trump makes a statement on the administration's strategy for dealing with Iran, in the Diplomatic Reception Room in the White House, October 13, 2017 in Washington, DC.

    Goldman Sachs said Tuesday that intensifying geopolitical tensions between the U.S. and Iran posed a long-term threat to global oil supply.

  • *Iraqi forces take Kurdish-held oil city of Kirkuk. *U.S.- Iran tension helps raise global risk premium for oil. LONDON, Oct 17- Oil prices crept higher on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran.

  • TEHRAN, Iran— Iran's oil minister says President Donald Trump should allow American oil firms to do business in the Islamic Republic. His remarks were reported by Iran's state-run IRNA news agency. Trump last week refused to re-certify Iran's compliance with the nuclear deal with world powers, and criticized Europeans for their participation in Iran's...

  • *Iraqi forces take Kurdish-held oil city of Kirkuk. *U.S.- Iran tension helps raise global risk premium for oil. LONDON, Oct 17- Oil prices steadied on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran.

  • *Iraqi forces take Kurdish-held oil city of Kirkuk. SINGAPORE, Oct 17- A risk premium has returned to oil markets, boosting global prices as escalating fighting in Iraq threatens supplies while political tensions loom between the United States and Iran. After months of range-bound trading during which OPEC- led supply cuts supported crude prices but rising U.S....

  • Iran plans to load a total of about 297,000 barrels per day of condensate for export in November, up slightly from around 295,000 bpd this month, said the source, who declined to be identified as he was not authorised to speak to media. Shipments of the ultra-light oil from Iran have eased since reaching a post-sanctions high of 601,000 bpd in February this year,...