Iran

Oil drops 1 percent as US considers granting some waivers on Iran crude sanctions – Reuters
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Reuters Oil drops 1 percent as US considers granting some waivers on Iran crude sanctionsReutersSINGAPORE (Reuters) – Brent crude oil prices fell by more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran's oil exports next month, and as Saudi Arabia was said to be replacing any potential […]

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Oil above $70 for the first time since 2014 as investors await US decision on Iran – MarketWatch
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Livemint Oil above $70 for the first time since 2014 as investors await US decision on IranMarketWatchU.S. oil prices pushed above the $70-a-barrel mark on Monday, the first time the commodity has traded at that level since 2014, as investors began to become more convinced the U.S. might take a hard line on an Iranian […]

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Iran Boosts Gas-Output Capacity With New Projects at Giant Field – Bloomberg
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Bloomberg Iran Boosts Gas-Output Capacity With New Projects at Giant FieldBloombergIran, holder of the world's biggest natural gas reserves, boosted output by inaugurating six projects at the giant South Pars offshore field. The country raised total production capacity at South Pars to 570 million cubic meters a day of gas, putting …Iran boosts gas production […]

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Oil producers look at extending output cut – Townsville Bulletin
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The Nation Oil producers look at extending output cutTownsville BulletinA joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months. An earlier draft of the statement had said the committee "reports high level of …West Creating Rift Between […]

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China's ZTE Will Pay Almost $900 Million in US Sanctions Case Over Sales to Iran – Fortune
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Fortune China's ZTE Will Pay Almost $900 Million in US Sanctions Case Over Sales to IranFortuneChinese telecom equipment maker ZTE has agreed to plead guilty and pay nearly $900 million in a U.S. sanctions case, drawing a line under a damaging scandal that had threatened its cut off its supply chain. While the fine was […]

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