Iran

Iraq's oil minister announced on Monday that it is awaiting Turkey's approval before restarting the oil flow out of the Iraqi Kurdistan Region. Hayan Abdel Ghani, a reporter, said that he hoped to have the Kurdish oil exported in two days. When asked about the timing of Iraq's return to oil exports, he replied that "this issue would be resolved in a week." Kurdistan regional government announced on Sunday that the Iraqi Kurdistan officials have agreed to resume Kurdish crude oil exports, based on volumes available. In March 2023, the pipeline was shut down by Turkey after the International Chamber...

The SHANA news outlet of the Ministry reported that Iran's Oil Minister said unilateral sanctions against crude producers would destabilise the energy markets. This was after U.S. president Donald Trump stated he would try to drive Tehran's exports of oil to zero. "Depoliticising of the oil market is vital for energy security." Mohsen Paknejad, OPEC's Secretary General Haitham Al Ghais said that unilateral sanctions and pressure against major oil producers will destabilise the oil and energy market and harm consumers worldwide. Paknejad made his comments after Trump restored the Iranian president's rights. "maximum pressure" Campaign against Iran, which includes efforts...

A U.S. official revealed that Donald Trump plans to resume his "maximum-pressure" campaign against Iran on Tuesday in order to prevent Tehran from obtaining nuclear weapons and to drive its oil exports to zero. This move returns the U.S. to its tough policy towards Iran, which Trump, as a Republican Republican, had practiced during his first term. Trump accused his Democratic predecessor Joe Biden of reducing the U.S.'s resolve towards Iran. Trump said in his campaign that Biden’s policy of not strictly enforcing sanctions on oil exports had weakened Washington, and emboldened Tehran. This allowed Tehran to sell oil, collect...

Saudi Arabia's. foreign minister stated on Tuesday he did not see Donald Trump's. new administration increasing the danger of an IsraelIran. dispute, attending to a problem the area has actually feared since the. start of Israel's war in Gaza. Prince Faisal bin Farhan Al Saud also stated in Davos that he. hoped President Trump's method to Iran would be consulted with a. willingness by Tehran to favorably engage with the U.S. administration and address the problem of its nuclear programme. Certainly a war in between Iran and Israel, any war in our. area is something we ought to try to...

China faces a squeeze on materials of cheap Iranian crude, that make up about 13% of imports by the world's greatest purchaser of oil, if Donald Trump ramps up enforcement of sanctions on Tehran after his return as U.S. president in January. Trump, who won Tuesday's election, Edison Research study predicted, is anticipated during his second term to re-impose his optimal pressure policy of heightened sanctions on Iran's oil industry over concerns about its nuclear programme, say Iranian, Arab and Western authorities. Such a move would raise the expense of China's imports, piling pressure on a refining sector coming to...

Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up rates in the middle of issues that Middle East stress may interrupt supply, trading sources stated. The discount rates are the narrowest considering that Chinese independent refiners, known as teapots, stepped in as purchasers in late 2019, filling a vacuum left by the nation's state refiners wary of sanctions renewed on Iran by the United States a year previously. Greater costs or a decrease in Iranian oil flows, which comprise 10% of China's unrefined imports, would depress currently low...

Discounts on Iranian crude oil sold to China are at their tightest in around 5 years as lower exports drive up rates amidst issues that Middle East tensions might interrupt supply, trading sources stated. The discounts are the narrowest considering that Chinese independent refiners, called teapots, stepped in as purchasers in late 2019, filling a vacuum left by the country's state refiners cautious of sanctions renewed on Iran by the United States a year previously. Greater rates or a reduction in Iranian oil flows, which comprise 10% of China's unrefined imports, would depress currently low production at independent plants and...

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites since they are concerned their own oil facilities could come under fire from Tehran's proxies if the conflict intensifies, 3 Gulf sources informed Reuters. As part of their efforts to prevent being caught in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are likewise declining to let Israel fly over their airspace for any attack on Iran and have actually conveyed this to Washington, the 3 sources close to government circles stated. Israel has guaranteed Iran will pay for its missile attack...

With a rifle by his side, Supreme Leader Ayatollah Ali Khamenei appeared in public on Friday for the very first time since Iran's most current rocket attack on Israel, describing the strike as genuine punishment for what he called Israeli crimes. Providing his very first Friday prayers preaching in almost 5 years, Khamenei said resistance versus Israel in the region would not pull back even with the killing of its leaders. Every so often his hand grasped the barrel of a rifle that stood to his left. Khamenei periodically speaks in public with a rifle at his side, a practice...

Democratic U.S. President Joe Biden said on Thursday he will not negotiate in public when asked if he had prompted Israel not to attack Iran's oil facilities. WHY IT'S IMPORTANT Israel has actually been weighing options to react to Tehran's. ballistic missile attack on Tuesday. The U.S. said then it would. deal with Israel to make certain Iran faced severe consequences. Biden previously in the day added to a surge in worldwide. oil rates when he said Washington was discussing strikes on. Iran's oil centers. A U.S. authorities later on said Washington. does not believe Israel has decided yet how...

Israel ought to not be allowed to attack countries in the Iranaligned Axis of Resistance one after the other, Iranian President Masoud Pezeshkian said on Sunday. Israel stated it had bombed Houthi targets in Yemen on Sunday, broadening its confrontation with Iran's allies in the area after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an intensifying dispute in Lebanon Pezeshkian, in remarks carried by state media, stated Lebanon. need to be supported. Lebanese fighters need to not be left alone in this fight so that the Zionist routine (Israel) does not assault Axis of Resistance nations one...

Iran's parliament authorized President Masoud Pezeshkian's 19 ministers on Wednesday, state media reported, paving the way to a. cross-factional cabinet showing his concentrate on consensus after. days of dispute. In contrast to previous President Ebrahim Raisi's hardline. team, the new cabinet consists of reformist figures such as Health. Minister Mohammadreza Zafarqandi, who secured his position. in spite of getting the lowest number of votes, at 163. Approval of the ministerial line-up is not a rule. One. minister proposed in 2021 by Raisi, who died in a helicopter. crash in May, lost the confidence vote due to doing not have. experience,...

The Kremlin announced on Wednesday that future discussions between Russia and the United States will include discussions on Iran’s nuclear program, a topic it claimed had been "touched on" during an initial round U.S. - Russia talks last month. Bloomberg reported Tuesday that Russia had agreed to help the administration of U.S. president Donald Trump communicate with Iran about various issues including Tehran's nuclear program and its support for anti-U.S. regional proxies. Although the Kremlin did not confirm this, it has stated that Iran will now be one of many topics that Washington and Moscow will discuss in greater detail....

As part of the Trump administration's "maximum-pressure" campaign against Tehran, the United States on Wednesday imposed sanctions on six entities in Hong Kong and China that they accused of involvement in an Iranian drone acquisition network. The U.S. Treasury Department announced that entities involved in the procurement of components for unmanned aerial vehicles (UAVs) on behalf of a firm under U.S. sanction, Pishtazan Kavosh Gostar Boshra and its subsidiary Narin Sepehr Mobin Isatis were also key suppliers to Iran's UAVs and ballistic missile program. We were unable to reach PKGB and NSMI immediately for comment. Treasury Secretary Scott Bessent stated...

Iran's Foreign Minister Abbas Araqchi on Saturday highly denied a reported conference in between Tehran's United Nations envoy and U.S. billionaire Elon Musk, in an interview with state television. Araqchi also alerted that Iran was prepared for fight or cooperation in its disagreement with the UN nuclear guard dog IAEA and Western countries within the body over its nuclear program. This (reported meeting) was a fabricated story by American media, and the motives behind this can likewise be speculated, Araqchi said, reiterating an earlier rejection by Iran's Foreign Ministry. The New York Times reported on Thursday that Musk, who is...

The head of the U.N. nuclear watchdog visited two Iranian nuclear sites on Friday as part of a see to Iran, ahead of an anticipated European diplomatic push over Tehran's atomic activities before Donald Trump's go back to the White Home. During the check out, Iran's foreign minister told International Atomic Energy Company chief Rafael Grossi that Tehran wants to solve outstanding disputes over its nuclear program however will not catch pressure. Grossi went to the Natanz nuclear plant and the Fordow enrichment site, which is dug into a mountain around 100 km (60. miles) south of the capital Tehran,...

After Iran's rocket attack on Israel on Tuesday, there is speculation that Israel could strike Iran's nuclear centers as it has actually long threatened to do. Below are a few of Iran's main nuclear centers. HOW CLOSE IS IRAN TO HAVING NUCLEAR WEAPONS? Iran's nuclear programme is topped numerous places. While the threat of Israeli airstrikes has actually loomed for years, just some of the sites have been built underground. The United States and the U.N. nuclear watchdog think Iran had a coordinated, secret nuclear weapons program that it halted in 2003. The Islamic Republic denies ever having had one...

After Iran's rocket attack on Israel on Tuesday, there is speculation that Israel might strike Iran's nuclear facilities as it has actually long threatened to do. Below are a few of Iran's main nuclear facilities. HOW CLOSE IS IRAN TO HAVING NUCLEAR WEAPONS? Iran's nuclear program is topped many places. While the risk of Israeli airstrikes has actually loomed for years, just a few of the websites have been constructed underground. The United States and the U.N. nuclear guard dog think Iran had a collaborated, secret nuclear weapons program that it halted in 2003. The Islamic Republic rejects ever having...

Saudi Arabia plans to scrap lighttouch oversight of its nuclear centers by the U.N. atomic guard dog and switch to regular safeguards by the end of this year, the kingdom stated on Monday, an action the watchdog has long been requiring. Saudi Arabia has a nascent nuclear program that it wants to broaden to ultimately include activities like proliferation-sensitive uranium enrichment. It is unclear where its aspirations end, given that Crown Prince Mohammed bin Salman has said for several years it will develop nuclear weapons if regional rival Iran does. Riyadh has yet to fire up its first atomic power...

The U.N. nuclear watchdog's. 35nation Board of Governors passed a resolution on Wednesday. calling on Iran to step up cooperation with the watchdog and. reverse its recent barring of inspectors in spite of issues Tehran. would react with atomic escalation. Twenty countries enacted favour and two versus - Russia. and China - with 12 abstentions, diplomats stated. It follows up. on the last resolution 18 months ago that ordered Iran to comply. with a years-long International Atomic Energy Agency (IAEA). examination into uranium traces discovered at undeclared websites. While the variety of sites under investigation has been. narrowed to 2...

A draft resolution European powers submitted to the U.N. nuclear guard dog's Board of Governors on Monday for a vote today presses Iran once again to discuss uranium traces discovered at undeclared websites and likewise covers concerns such as its barring of inspectors. The text seen follows a resolution passed 18 months ago ordering Tehran to urgently adhere to a years-long International Atomic Energy Firm examination into those traces. The brand-new text gets in touch with Iran to cooperate without delay, consisting of by letting the IAEA take samples if the agency needs to. It likewise goes further, attending to...

White House National Security Adviser Jake Sullivan will visit Saudi Arabia this weekend for talks expected to touch on a civil nuclear cooperation agreement, one piece of a larger plan Washington hopes will lead to normalization of IsraeliSaudi relations. Below is a description of the key issues associated with a. U.S.-Saudi civil nuclear deal, what threats and advantages it may. provide the United States and Saudi Arabia, and how it fits within. U.S. efforts to broker Israeli-Saudi reconciliation. WHAT IS A CIVIL NUCLEAR COOPERATION AGREEMENT? Under Area 123 of the U.S. Atomic Energy Act of 1954, the. United States may...

The United States on Thursday provided further sanctions on Iran, targeting Iranian drones, including their use by Russia in the war in Ukraine, as Washington looks for to ratchet up pressure on Tehran. The U.S. Treasury Department in a declaration stated the action, taken in coordination with the UK and Canada, targets over one dozen entities, individuals and vessels it implicated of playing a crucial function in assisting in and funding the clandestine sale of Iranian unmanned aerial lorries to Iran's. Ministry of Defense and Armed Forces Logistics (MODAFL). MODAFL in turn supports Iran's elite Revolutionary. Guards (IRGC) and Russia's...

Iranian President Ebrahim Raisi's see to Pakistan today put the spotlight on a significant gas pipeline offer in between the 2 neighbours which has actually faced hold-ups due to geopolitical problems and worldwide sanctions. The 2 nations reiterated the significance of cooperation in the energy domain, consisting of sell electrical energy, power transmission lines and the IP Gas Pipeline Project, a joint declaration launched following the conclusion of the see stated. Here are some truths about the task, which is also understood as the Peace Pipeline: - The pipeline offer, checked in 2010, imagined the supply of 750 million to...