Sanctions against Iran

Will OPEC+ ease oil deal?

OPEC members are discussing a compromise agreement that would see an oil production increase of 300,000-600,000 barrels per day over the next few months, according to people briefed on the talks, Bloomberg reported. OPEC officials are …

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Riyadh starts to ramp up oil output - WSJ

Saudi Arabia has started boosting oil production after two years of curtailing output, a move that gives Riyadh a jump on other OPEC producers who are expected to open the spigots later this month, Wall Street Journal writes. …

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Trump: US sanctions changing Iran

US President Donald Trump asserted that his decision to abandon the Iran nuclear deal had already curbed Iran’s aggressive behavior, and he predicted that his hard-nosed tactics would also result in a successful nuclear …

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Boeing refuses to deliver any aircraft to Iran

Boeing will not deliver aircraft to Iran in light of US sanctions, effectively aborting a pair of large contracts with Iranian carriers, a Boeing spokesman said. "We have not delivered any aircraft to Iran, and given we no longer …

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Lebanon to continue cooperate with Iran

Lebanese Parliament Speaker Nabih Berri has commented on the issue of Lebanon-Iran cooperation. "We have excellent relations with Tehran, there has not been anything new," Berri said.   The …

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U.S. warns against financial dealings with Iran

The United States warned governments and the private sector to crack down on what it described as Iranian efforts to exploit them to fund its support for terrorism, destabilizing actions in the region and rights abuses at home. …

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Iran seeks OPEC support against US sanctions

Iranian Oil Minister Bijan Zanganeh has asked OPEC president, United Arab Emirates Energy Minister Suhail al-Mazrouei to support it against new U.S. sanctions. “I would like to seek OPEC’s …

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China and Russia push into Iran

Chinese and Russian state-backed companies are maneuvering to profit from European firms leaving Iran, threatening the Trump administration’s bid to raise economic pressure on Tehran. As The Wall Street Journal writes in an article …

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