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US lawmakers take next step on new Iran sanctions

US lawmakers take next step on new Iran sanctions

Targets affiliates of Revolutionary Guard Corps; Could lead to sanctions on those who buy from NIOC, NITC; BP's Shah Deniz gas project would be excluded

January 31, 2012 2:44
 
Tiger pleased with progress despite Sunday disappointment

Tiger pleased with progress despite Sunday disappointment

Tiger Woods's joint third-place finish at the Abu Dhabi Championship showed the former world number one was getting closer to regaining his imperious form of old.

January 30, 2012 7:15
 
Iran to stop oil exports to “some” countries soon

Iran to stop oil exports to “some” countries soon

Iran's oil minister said on Sunday the Islamic state would soon stop exporting crude to "some" countries, the state news agency IRNA reported.

January 30, 2012 3:23
 
Iran oil chief: sanctions to hit EU buyback

Iran oil chief: sanctions to hit EU buyback

Iran lawmakers may ban crude exports to EU within days; NIOC chief says this could hurt companies owed Iranian oil; Italy's ENI has said Iran owes it $1.4-1.5 bln in oil

January 29, 2012 11:12
 

Nuclear experts in Iran on day of oil embargo vote

UN nuclear watchdog team on 3-day visit to Iran; Lawmakers may vote to ban exports to EU from next week; Nuclear tensions rising

January 29, 2012 11:05
 
UAE Hormuz bypass pipeline faces more delay

UAE Hormuz bypass pipeline faces more delay

Quality debate with Chinese construction firm; Risks seen to May-June start date target; Oil pipeline will bypass Strait of Hormuz

January 28, 2012 1:33
 
Oman says willing to sell crude oil to Sri Lanka

Oman says willing to sell crude oil to Sri Lanka

Oman is willing to sell crude oil to Sri Lanka, which is scrambling to find an alternative to its threatened primary supply from Iran, Oman's oil minister said on Friday.

January 28, 2012 1:20
 
South Korea hikes Iran crude imports 20 percent in 2011

South Korea hikes Iran crude imports 20 percent in 2011

Imports from Iran at 238,860 bpd in 2011, up 20 pct yr/yr; Total crude imports up 6.2 pct y/y in 2011-KNOC; Middle East supplies 87 pct of S.Korea's 2011 crude

January 25, 2012 2:18
 
Obama: no options off table on Iran nuclear program

Obama: no options off table on Iran nuclear program

President Barack Obama warned Iran on Tuesday the United States would keep up pressure on its disputed nuclear program with "no options off the table" but said the door remained open to talks for a peaceful resolution.

January 25, 2012 2:02
 
US tightens grip on Iran’s financial systems

US tightens grip on Iran’s financial systems

US slaps sanctions on Iran's third-largest bank; "Optimistic" EU will also blacklist Tejarat; Iran's largest state-owned banks now sanctioned

January 24, 2012 1:47
 
Oman may raise government spending in 2012

Oman may raise government spending in 2012

Oman has no plan to issue sovereign bonds in 2012; Worsening of Iran tensions could have severe impacts; UAE c.bank gov not worried about inflation

January 23, 2012 2:02
 
Britain pulls Iran’s Press TV

Britain pulls Iran’s Press TV

UK media regulator revokes licence in dispute over base; Press TV says move "act of censorship"; Broadcaster says has other ways of showing programmes

January 22, 2012 11:23
 
Saudi Arabia fears oil price spike on Iran tension

Saudi Arabia fears oil price spike on Iran tension

Saudi Arabia hopes crude oil prices will not surge higher on tension between Western governments and Tehran over Iran's nuclear programme and that benchmark Brent prices remain near $100 a barrel, a Gulf industry source told Reuters.

January 19, 2012 2:39
 
Japan oil industry likely to cut Iran imports in 3 months

Japan oil industry likely to cut Iran imports in 3 months

Japan under pressure to cut Iran oil imports; Hopes import cuts will lead to waiver from sanctions law; US officials touring Asia to muster support for sanctions; Could help clear up some confusion over Japan policy

January 19, 2012 2:25
 
New Iraqi OPEC president to seek assurances from Iran

New Iraqi OPEC president to seek assurances from Iran

Luaibi to seek stability assurances from Iran; Says against using oil in politics

January 18, 2012 2:13
 
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