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US Oil Prices Up 50%

EghtesadOnline: Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $64 a barrel.
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Publish Date:13/April/2019 | 14:38

US Anti-IRGC Move Could Lead to Serious Conflict

EghtesadOnline: In a letter to United Nations Secretary-General Antonio Guterres and the UN Security Council, Foreign Minister Mohammed Javad Zarif warned that the United States' recent designation of Iran's Islamic Revolution Guards Corps as a foreign terrorist organization would heighten tensions to a "confrontational and uncontrollable level".
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Publish Date:13/April/2019 | 14:21

Iran Places US CENTCOM on Terrorism Blacklist

EghtesadOnline: Iran’s Supreme National Security Council placed the United States Central Command (CENTCOM), which is responsible for the Middle East and Central Asia, on Iran’s list of terrorist groups in response to the US move to blacklist the Islamic Revolution Guards Corps.
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Publish Date:09/April/2019 | 13:05

US Cannot Completely Cut Off Iran Oil Exports

EghtesadOnline: The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of presidential elections next year.
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Publish Date:08/April/2019 | 15:02

UniCredit Near $900m Deal With US Over Iran Sanctions

EghtesadOnline: UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iranian clients in violation of US sanctions, people with the knowledge of the matter said.
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Publish Date:06/April/2019 | 14:53

OPEC to Keep Oil Cuts in Place

EghtesadOnline: O PEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and the crisis in Venezuela.
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Publish Date:19/March/2019 | 11:53

Russia Concerned About US Push to Scuttle JCPOA

EghtesadOnline: The United States’ actions aimed at preventing the implementation of the 2015 nuclear deal are a source of concern for all parties to the agreement, a senior Russian diplomat said.
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Publish Date:17/March/2019 | 13:47

US May Extend Iran Oil Sanctions Waivers

EghtesadOnline: The United States is likely to renew waivers to sanctions for most countries buying Iranian crude, including the biggest buyers China and India, in exchange for pledges to cut combined imports to below 1 million barrels per day.
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Publish Date:16/March/2019 | 24:30

US, South Korea Discuss Iran Oil Issues

EghtesadOnline: A top US official discussed this week South Korea’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a diplomatic source.
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Publish Date:23/February/2019 | 14:46

Oil Prices Reach 2019 Highs

EghtesadOnline: O il prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end.
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Publish Date:19/February/2019 | 11:31

EU Rejects US Demand to Quit Iran Nuclear Accord

EghtesadOnline: The European Union and the bloc’s powers on Friday rejected an appeal by the US for Europeans to withdraw from the Iranian nuclear deal and join its “maximum pressure” drive against Tehran.
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Publish Date:17/February/2019 | 24:12

Ambivalence Surrounds INSTEX for Iranian Businesses

EghtesadOnline: Europe unveiled its long-awaited mechanism for facilitating trade with Iran by circumventing US global financial dominance on Thursday and the move received a mixed response in Tehran’s commercial corridors.
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Publish Date:05/February/2019 | 15:14

IAEA Slams US, Israel Meddling on Iran

EghtesadOnline: At a private reception for diplomats on Wednesday, the UN nuclear chief strongly criticized efforts to hamstring his organization that has been at the forefront of nuclear security and verification of Tehran’s compliance with the international nuclear deal, according to two foreign officials present there.
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Publish Date:03/February/2019 | 14:17

Baghdad Seeks to Balance Ties With Tehran, Washington

EghtesadOnline: Iraqi President Barham Salih is set to travel to the United States at the head of a delegation to negotiate exemption from sanctions on Iran, as Baghdad is trying to balance its relations with Tehran and Washington.
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Publish Date:21/January/2019 | 13:05

U.S. Secretary of State Pompeo meets troops and officials in Iraq

EghtesadOnline: U.S. Secretary of State Mike Pompeo met American troops and political leaders in Iraq on Wednesday to reassure them about a U.S. military withdrawal from Syria and warn that Washington’s arch-foe Iran remains a regional security threat.
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Publish Date:09/January/2019 | 13:51

Oil rises 2 percent on U.S.-China trade talk optimism

EghtesadOnline: Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff.
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Publish Date:09/January/2019 | 13:39

U.S.-China trade talks conclude as hopes of a deal build

EghtesadOnline: Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.
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Publish Date:09/January/2019 | 13:34

Europe Must Consider Consequences of SPV Failure

EghtesadOnline: As the main party to blame for the possible failure of efforts to set up a special financial mechanism for trading with Iran, Europe will have to ponder over the implications of its inaction, a senior foreign affairs official said.
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Publish Date:07/January/2019 | 09:43