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Iran Finds New Oil Field With Over 50 Billion Barrels: Rouhani
Iran Finds New Oil Field With Over 50 Billion Barrels: Rouhani Iranian President Hassan Rouhani has made an unusual announcement distinct from his normal emphasis on mere ‘defiance’ of US sanctions; instead, he is now boasting of the discovery of a new oil field with over 50 billion barrels of crude in the country’s south. “I am […]
Trump Offered to Suspend Sanctions While Negotiating With Iran, Khamenei Rejected the Offer: More Attacks Expected
TRUMP OFFERED TO SUSPEND SANCTIONS WHILE NEGOTIATING WITH IRAN, KHAMENEI REJECTED THE OFFER: MORE ATTACKS EXPECTED Japanese Prime Minister Abe Shinzo conveyed a message from US President Donald Trump to the Iranian leadership, asking the release of 5 US prisoners and inviting Iran to sit around a negotiation table, adding “he [Donald Trump] would be ready to suspend […]
Iran Again Threatens To Block Key Oil Transit Choke Point As U.S. Aircraft Carrier En Route
Iran Again Threatens To Block Key Oil Transit Choke Point As U.S. Aircraft Carrier En Route Here we go again: Iranian President Hassan Rouhani has once more threatened to close the Strait of Hormuz, which is vital to up to one-third of all global oil shipping as it’s a key transit choke point in the Persian Gulf. […]
The Global US Squeeze On Iran Has Started: Europe is Looking For Alternatives
THE GLOBAL US SQUEEZE ON IRAN HAS STARTED: EUROPE IS LOOKING FOR ALTERNATIVES Today the harshest and highest level economic and energy sanctions that can be imposed on any country are being imposed unilaterally on Iran. The US establishment will try its best to bring the Islamic Republic to its knees and Tehran will do […]
Economic Crisis Looms In Iran As Sanctions Bite
Economic Crisis Looms In Iran As Sanctions Bite In a little over two months, painful U.S. sanctions on Iran’s oil sector will take effect, but the Iranian economy is already showing signs of strain. Iran’s currency, the rial, has fallen by more than half since the start of the year. There is now a thriving […]
End of unipolar world? New world order evolves in response to US demands on Iran
End of unipolar world? New world order evolves in response to US demands on Iran © Getty Images If Mike Pompeo’s ultimatum to Iran, after US withdrawal from the Iranian nuclear deal, was fulfilled it would inflict economic warfare on the country and set up Tehran for failure while reasserting a US-led unipolar world order. […]
Flash Points Grow in Numbers & Increase Threats of Attack on U.S.
Flash Points Grow in Numbers & Increase Threats of Attack on U.S. In a decision bound to have far-reaching effects, President Trump announced that the United States would be recognizing Jerusalem as the capital of Israel. Furthermore, he also stated his intentions of placing an American embassy in the city. The Iranian President Hassan Rouhani […]
Iran Signs Oil Deal With Total, Deal Done In Euros
Iran Signs Oil Deal With Total, Deal Done In Euros As Airbus and Peugeot finally return to post-sanctions Iran, the trade-off is Iranian oil, with French Total SA taking the plunge in an agreement to buy up to 200,000 barrels per day of Iranian crude–but the catch is that sales will be in euros. Deals signed […]
Oil Market Knee-Jerk Reaction To Nuclear Deal Unjustified
Oil Market Knee-Jerk Reaction To Nuclear Deal Unjustified A group of exhausted diplomats did the unthinkable. The P5+1 countries and Iran came to a massive and historic framework agreement over Iran’s nuclear program, paving the way for a final deal to be hashed out before the real deadline in June. Negotiations went past the self-imposed […]
Iran will weather oil price slide, Saudi Arabia will suffer – Rouhani
Iran will weather oil price slide, Saudi Arabia will suffer – Rouhani Iranian President Hassan Rouhani said Tuesday that Iran can cope with the economic turmoil of falling oil prices, adding that Saudi Arabia and Kuwait will be harder hit. Rouhani said that while oil now only accounts for one-third of Tehran’s budget, some of […]
Venezuela, Iran Leaders Join to ‘Neutralize Schemes Against OPEC and Stabilize Oil Price’
Venezuela, Iran Leaders Join to ‘Neutralize Schemes Against OPEC and Stabilize Oil Price’ TEHRAN, Iran—Iran and Venezuela vowed Saturday to work together to stabilize falling global oil prices as Iran’s supreme leader accused “enemies” of using crude prices as a political weapon. With Venezuelan President Nicolas Maduro by his side, Iranian President Hassan Rouhani urged OPEC members to […]
