Middle East Public date: 24.08.2017 23:12:18

Publisher: Aljazeera

Author:

30 Dec 2011

US warns Iran against closing oil route

The US has strongly warned Iran against closing a vital Gulf waterway, after Iran threatened to choke off traffic through the Strait of Hormuz if the US imposes sanctions targeting the country's crude exports. The increasingly heated exchange raises new tensions in a standoff that has the potential to prompt military reprisals and push up oil prices to levels harmful to an already fragile global economy.
The US has strongly warned Iran against closing a vital Gulf waterway, after Iran threatened to choke off traffic...
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hormuz straights, oil, sanctions, usa, war mongering
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Publisher: Foreign Policy

Author:

30 Dec 2011

Why Iran can’t cut off your oil

Regardless of how we assess the credibility of Iran's threats, we should also assess Iran's capabilities. Iranian military exercises apparently emphasize three weapons in the strait: small suicide boats, mobile antiship cruise missiles, and sophisticated sea mines. Using these tools, how hard would it be for Iran to disrupt the flow of oil?
Regardless of how we assess the credibility of Iran's threats, we should also assess Iran's capabilities. Iranian...
Tags:
hormuz straights, oil
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Publisher: The Washington Post

Author:

29 Dec 2011

Despite threats, Iran unlikely to block oil shipments through Strait of Hormuz

Despite its latest warnings in response to the possibility of a Western oil boycott, Iran is unlikely to make good on its repeated threats to close the Strait of Hormuz because the Islamic Republic needs the strategic waterway as much as or more than its adversaries, analysts say.
Despite its latest warnings in response to the possibility of a Western oil boycott, Iran is unlikely to make good on...
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hormuz straights, oil, warmongering
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Publisher: Aljazeera

Author:

28 Dec 2011

Iran to ‘block’ Gulf oil if sanctions proceed

No oil will be allowed to pass through the Strait of Hormuz if the West applies sanctions on Iran's oil exports, Iranian Vice President Mohammad Reza Rahimi has warned. The threat was reported on Tuesday by the state news agency IRNA as Iran conducted its fourth day of naval drills near the Strait of Hormuz, at the entrance to the oil-rich Arabian Gulf.
No oil will be allowed to pass through the Strait of Hormuz if the West applies sanctions on Iran's oil exports, Iranian...
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hormuz straights, oil, sanctions
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Publisher: Reuters

Author:

28 Dec 2011

Saudi would replace Iran crude if EU embargoes-sources

Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt Iranian crude exports to Europe, industry sources said on Tuesday. Iran's Oil Minister Rostam Qasemi had said that Saudi Arabia had promised not to replace Iranian crude if sanctions are imposed.
Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt...
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oil, sanctions, saudi arabia
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Publisher: UPI

Author:

24 Dec 2011

Iran ‘rehearses closing gulf oil route’

Iranian naval forces launch a massive 10-day exercise Saturday near the Strait of Hormuz, the only way in and out of the Persian Gulf, in what is widely seen as a rehearsal for a threatened closure of the strategic global oil artery if the country is attacked. The Iranians have billed the Velayat-90 drill as the largest they have conducted. It will involve the Islamic republic's navy, which includes three Russian-built, Kilo class submarines, and the naval wing of the Islamic Revolutionary Guard Corps
Iranian naval forces launch a massive 10-day exercise Saturday near the Strait of Hormuz, the only way in and out of the...
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hormuz straights, iran military, irgc, oil, war mongering
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20 Dec 2011

Rome meeting analyses Iran oil embargo

Diplomats from a so-called "group of like-minded nations" met in Rome on Tuesday to discuss further sanctions against Iran, diplomatic sources said. The closed-door meeting is taking place under the auspices of the Italian foreign ministry and participants considered it a "technical meeting," an Italian diplomatic source said.
Diplomats from a so-called "group of like-minded nations" met in Rome on Tuesday to discuss further sanctions against...
Tags:
demise, european union, oil, sanctions
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20 Dec 2011

Iran Has Only Six Months

While sanctions against Iran s central bank - an idea that has already reverberated through the country s economic sector - have not yet been signed by the US president, a review of the Iranian media indicates the constrains that exist in debating this issue. To clarify the meaning and consequences of sanctioning the central bank, Rooz interviewed two prominent economy specialist in Tehran, Mohammad-Reza Behzadian and Kamal Athari. Behzadian believes that while such sanctions cannot take place against Iran right now, they can within the next six months if Iraqi, Saudi and Libyan oil make up Iran's absence from the oil market. Behzadian who is associated with reformers ran in the Tehran s chamber of commerce elections with the slogan of 'change' and claims to have unlodged the body from its conservative elements such as Ali Naghi Khamushi, Mir-Mohammad Sadeghi and Asadollah Asqar-Owladi. Read on for the details.
While sanctions against Iran s central bank - an idea that has already reverberated through the country s economic...
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central bank, demise, economy, oil, sanctions
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Publisher:

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11 Dec 2011

Iran sees crude market relatively balanced

Iran's OPEC governor said on Saturday the oil market was "relatively balanced", indicating the country will not push for any major shift in an OPEC ministerial meeting next week. -- "The market is relatively balanced ... and my feeling is there is a general sentiment among the OPEC members to make a decision based on the real needs of the market," Mohammad Ali Khatibi told Reuters.
Iran's OPEC governor said on Saturday the oil market was "relatively balanced", indicating the country will not push for...
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economy, oil
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10 Dec 2011

EU leaders call for more sanctions on Iran

European Union leaders called on Friday for more sanctions against Iran by the end of January, in an effort to increase pressure on Tehran over its nuclear programme. The leaders did not make an explicit call for an embargo on Iranian crude oil, which EU diplomats have been discussing this month as a way to respond to mounting concerns that the OPEC producer has worked to design a nuclear weapon.
European Union leaders called on Friday for more sanctions against Iran by the end of January, in an effort to increase...
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european union, oil, sanctions
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2 Dec 2011

US Senate passes sanctions on Iran central bank

The US Senate has unanimously approved economic sanctions on Iran targeting the country's oil industry, despite warnings the move could backfire. The measures, passed by 100 votes to nil, would ban foreign firms from doing business with the Iranian central bank. Before it can become law, it must be approved by the House and President Barack Obama, who is sceptical.
The US Senate has unanimously approved economic sanctions on Iran targeting the country's oil industry, despite warnings...
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oil, sanctions, usa
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19 Nov 2011

Rostam Qasemi Iran oil minister says Oil could be used as political tool if necessary

With international leaders discussing the propsects of an attack on Iran, Talk to Al Jazeera's Teymoor Nabili sits down with Iran's Oil Minister, Rostam Qasemi, to discuss the current threat and its implications for the oil market. Although the minister says Iran does not want to use its vast oil resources as a political tool in a crisis, he says Iran would use it, if necessary.
With international leaders discussing the propsects of an attack on Iran, Talk to Al Jazeera's Teymoor Nabili sits down...
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iran foreign policy, oil, war mongering
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11 Nov 2011

The bomb will not save Iran from its deepening isolation

A harsher option put forward by Washington hardliners, to destroy the Iranian economy by enforcing a boycott of the Iranian central bank, is fraught with danger. It would cripple Iranian crude exports, drive up oil prices in an already tight market, and perhaps deliver the death blow to hopes of global economic revival.
A harsher option put forward by Washington hardliners, to destroy the Iranian economy by enforcing a boycott of the...
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nuclear weapon, oil, sanctions, warmongering
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10 Nov 2011

China Iran’s New Best Friend

Following this week's International Atomic Energy Agency (IAEA) report concluding that Tehran appears to be well on its way to developing the possibility of manufacturing a nuclear weapon, the next step for world powers is to seek tougher sanctions in the United Nations Security Council. But meaningful restrictive measures are not likely to happen, say many analysts, considering China's close relationship with Iran, in part to satisfy China's great thirst for oil. Today, Chinese and Russian diplomats announced that they believe no new sanctions on Iran are necessary.
Following this week's International Atomic Energy Agency (IAEA) report concluding that Tehran appears to be well on its...
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china, nuclear program, oil, sanctions
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19 Aug 2011

The rise and rise of Iran’s Guards

The appointment of Rostam Qasemi as the new Iranian oil minister has touched off a flurry of reporting and analysis on the alleged expansion of the economic and political role of the Islamic Revolutionary Guards Corps (IRGC) in the country.
The appointment of Rostam Qasemi as the new Iranian oil minister has touched off a flurry of reporting and analysis on...
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oil, power struggle, revolutionary guards
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16 Aug 2011

Belarus company withdraws from Iran oil field -agency

The Belarusian national oil company Belarusneft is pulling out of developing Iran's Jofeir oilfield over differences with the state National Iranian Oil Co.(NIOC), the semi-official Mehr news agency reported on Tuesday.
The Belarusian national oil company Belarusneft is pulling out of developing Iran's Jofeir oilfield over differences...
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oil, sanctions
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16 Aug 2011

Belarus company withdraws from Iran oil field -agency

The Belarusian national oil company Belarusneft is pulling out of developing Iran's Jofeir oilfield over differences with the state National Iranian Oil Co.(NIOC), the semi-official Mehr news agency reported on Tuesday.
The Belarusian national oil company Belarusneft is pulling out of developing Iran's Jofeir oilfield over differences...
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oil, sanctions
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5 Aug 2011

Iran gives key oil role to a Revolutionary Guard on sanctions list

deal between beleaguered Iranian President Mahmoud Ahmadinejad and his opponents has given control of Iran's crucial Oil Ministry to a commander of the Revolutionary Guard who is under international sanctions, according to analysts and a former industry official in Tehran.
deal between beleaguered Iranian President Mahmoud Ahmadinejad and his opponents has given control of Iran's crucial Oil...
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oil, power struggle, revolutionary guards
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3 Aug 2011

Analysis – India, Iran buy time to find other oil partners

India and Iran's mechanism to end a seven-month-old stalemate over oil payments could keep U.S. pressure at bay long enough for the two countries to work out a long-term separation that would change oil routes through Asia and the Middle East.
India and Iran's mechanism to end a seven-month-old stalemate over oil payments could keep U.S. pressure at bay long...
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india, oil
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2 Aug 2011

Iran Makes Itself More Vulnerable to Outside Pressure

Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural gas, electricity, and essential items such as bread. Having done the easy part of its subsidy reform -- sending out checks to compensate for price increases -- the regime must now do the hard part: raise the money to pay for those checks and find a way to help businesses badly hit by the higher prices. Tehran should be able to meet that challenge as long as its oil income remains high, but if oil prices drop or sanctions impede financial flows, it could face serious problems.
Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural...
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economy, oil, sanctions, subsidy cuts
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Author:

2 Aug 2011

Iran Makes Itself More Vulnerable to Outside Pressure

Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural gas, electricity, and essential items such as bread. Having done the easy part of its subsidy reform -- sending out checks to compensate for price increases -- the regime must now do the hard part: raise the money to pay for those checks and find a way to help businesses badly hit by the higher prices. Tehran should be able to meet that challenge as long as its oil income remains high, but if oil prices drop or sanctions impede financial flows, it could face serious problems.
Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural...
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economy, oil, sanctions, subsidy cuts
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1 Aug 2011

Why Ahmadinejad isn’t on his way out

There has been much dancing on the grave of Iranian President Mahmud Ahmadinejad. After his unnerving re-election two years ago in a disputed and bloody vote, Ahmadinejad's many critics abroad and at home have savored the thorough political beating he has suffered over the last few months by Iran's real power, Supreme Leader Ali Khamenei . Yet there are signs that Ahmadinejad is not a spent force just yet. This wily survivor is in the midst of renewing himself. His prime weapon has been a combination of oil supplicance and oil populism.
There has been much dancing on the grave of Iranian President Mahmud Ahmadinejad. After his unnerving re-election two...
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ahmadinejad, economy, oil, power struggle, sanctions, subsidy cuts
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28 Jul 2011

Saudis step in as Iranian oil dries up

Saudi Arabia has agreed to sell 3 million barrels of additional crude oil to India next month to make up for supply cut by Iran over unpaid bills, touching $7 billion. Saudi Aramco, the national oil firm of Saudi Arabia, will supply one million barrels each to Essar Oil, Bharat Petroleum and Hindustan Petroleum in August while Mangalore Refinery, too, is in talks to contract similar volumes, officials said on Tuesday.
Saudi Arabia has agreed to sell 3 million barrels of additional crude oil to India next month to make up for supply cut...
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economy, india, oil, saudi arabia
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24 Jul 2011

China and Iran plan oil barter

Tehran and Beijing are in talks about using a barter system to exchange Iranian oil for Chinese goods and services, as US financial sanctions have blocked China from paying at least $20bn for oil imports.
Tehran and Beijing are in talks about using a barter system to exchange Iranian oil for Chinese goods and services, as...
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china, economy, iran, oil, sanctions
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22 Jul 2011

Iran, India oil rumpus has wider implications

The market appears quite relaxed about the escalating dispute between India and Iran over payment for oil supplies, but it has wider implications and may yet disrupt Asian crude markets.
The market appears quite relaxed about the escalating dispute between India and Iran over payment for oil supplies, but...
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india, oil
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4 Jul 2011

The Race for Iran

One of last month's most interesting developments in Persian Gulf power politics played out not in the Middle East, but in Vienna, Paris, and Washington. For these Western cities were the venues for an important series of exchanges that revealed much about the changing balance of power among the Middle East s major oil producers, including the Islamic Republic of Iran and the Kingdom of Saudi Arabia. In particular, these exchanges underscored how Saudi Arabia's current regional strategy - which we have previously described as counter -revolutionary", see here - is weakening the Kingdom's position.
One of last month's most interesting developments in Persian Gulf power politics played out not in the Middle East, but...
Tags:
iran lobby, oil, saudi arabai
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4 Jul 2011

Iran’s Annual Oil, Gas Production Hits $217B

The value of Iran's annual oil and gas production has reached $217 billion and will rise in the coming years due to the vast new investments in the sector, Iran's deputy oil minister announced on Sunday.
The value of Iran's annual oil and gas production has reached $217 billion and will rise in the coming years due to the...
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economy, gas, oil
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1 Jul 2011

Saudi prince proposes oil war with Iran

Underlining the escalating cold war between Saudi Arabia and its rival Iran, former intelligence chief Prince Turki al-Faisal proposes the kingdom use its oil power to drive down prices to batter the Islamic Republic's sanctions-hit economy. That would ratchet up tensions in the Persian Gulf and the wider Middle East at a time of unprecedented political upheaval
Underlining the escalating cold war between Saudi Arabia and its rival Iran, former intelligence chief Prince Turki...
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economy, oil, saudi arabia
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24 Jun 2011

Vitol to resume Caspian oil swaps with Iran

International trading house Vitol will resume Caspian oil swaps with Iran after a year-long suspension of operations, industry and trade sources said on Thursday. "Vitol is resuming Iranian swaps. I think there there's really good money in it," a Mediterranean trader told Reuters.
International trading house Vitol will resume Caspian oil swaps with Iran after a year-long suspension of operations,...
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economy, oil, sanctions
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9 Jun 2011

Grounding Iranian Crude to a Halt

Through the Comprehensive Iran Sanction Accountability and Divestment Act (CISADA), passed in 2010, the United States Congress has taken strong measures to check Iran s ability to abuse the international banking sector and the refined energy space
Through the Comprehensive Iran Sanction Accountability and Divestment Act (CISADA), passed in 2010, the United States...
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economy, oil, sanctions
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2 Jun 2011

Iran’s lawmakers vote to take Amhadinejad to court

Iran's parliament voted on Wednesday to take Mahmoud Ahmadinejad to court over his takeover of the country's vital oil ministry, escalating the power struggle between the president and the hard-line establishment that has turned against him.
Iran's parliament voted on Wednesday to take Mahmoud Ahmadinejad to court over his takeover of the country's vital oil...
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ahmadinejad, oil, parliament, power struggle
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31 May 2011

Saudi-Iran Feud Draws Sectarian Dividing Line Across Middle East Oilfields –

Saudi fulmination against Iranian interference in the Persian Gulf finds its mirror image in Tehran. There, buses bring doctors and schoolgirls to join protests outside the Saudi embassy, as clerics, ministers and state-run media denounce the deployment of Saudi troops to Bahrain.
Saudi fulmination against Iranian interference in the Persian Gulf finds its mirror image in Tehran. There, buses bring...
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iran foreign policy, oil, saudi arabia
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30 May 2011

Iran oil output ‘may drop drastically by 2015’

Iran's oil production may fall to 2.7 million barrels per day within five years unless 150 billion dollars is invested in its energy sector, a top official said in a report on Monday.
Iran's oil production may fall to 2.7 million barrels per day within five years unless 150 billion dollars is invested...
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demise, economy, oil
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27 May 2011

Ahmadinejad losing ground in Iran power struggle, analysts say

Iran's vital oil industry appears to be the latest front in a power struggle between President Mahmoud Ahmadinejad and Supreme Leader Ali Khamenei -- a fight that overseas analysts say the colorful president appears to be losing.
Iran's vital oil industry appears to be the latest front in a power struggle between President Mahmoud Ahmadinejad and...
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ahmadinejad, oil, power struggle
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24 May 2011

Ahmadinejad not to attend OPEC meeting

Iranian President Mahmoud Ahmadinejad will not participate in the upcoming OPEC meeting in Vienna, the official IRNA news agency reported Monday. The report undercut a statement last week by a senior government official that Ahmadinejad would chair the next OPEC meeting in his capacity as the country's caretaker oil minister.
Iranian President Mahmoud Ahmadinejad will not participate in the upcoming OPEC meeting in Vienna, the official IRNA...
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ahmadinejad, oil, opec
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3 May 2011

Khamenei places his son in control of Iran’s oil

Iran Channel -- It s a classic case of an isolated elite in a dying regime, fighting over the spoils of the nation s wealth. Iran s petrodollars are now under the direct personal control of Supreme Leader Ali Khamenei, his son, and his most trusted inner circle.
Iran Channel -- It s a classic case of an isolated elite in a dying regime, fighting over the spoils of the nation s...
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corruption, khamenei, oil
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