Thursday, May 16, 2024

Iran Will Pursue Durra Gas Field Oil Rights if Other Parties Shun Cooperation

DUBAI, July 30 (Reuters) - Iran will pursue its rights over the Durra/Arash field if other parties shun cooperation, the country's Oil Minister Javad Owji said on Sunday, according to the Oil Ministry's SHANA news agency. "If...

Nasdaq to Pay $4 Mln Settlement Over Apparent Iran Sanctions Violations

Dec 8 (Reuters) - New York-based stock exchange Nasdaq Inc NDAQ.O agreed to pay a $4 million settlement to the U.S. Department of Treasury over apparent violations of sanctions against Iran by a former Nasdaq unit, the department's...

Investors Eye Middle East Conflict

Oct 16 (Reuters) - European shares climbed on Monday, with miners in the lead on optimism around demand from top consumer China, although trading was cautious as investors weighed prospects of an escalation in the Middle...

ANALYSIS – China Saves Billions of Dollars From Record Sanctioned Oil Imports

By Chen Aizhu and Muyu Xu SINGAPORE, Oct 11 (Reuters) - China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' calculations based on data from...

Striking Iranian Workers Demand Back Pay, Insurance, Better Work Environment

By Kayhan Life Staff Iranian manufacturing, production, and service industry workers are continuing to fight for better wages, back pay, health insurance, improved work environment, and other benefits. Given the soaring cost of food, essential goods,...

Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month

By Uditha Jayasinghe COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...

South Korea Says It’s Making Efforts to Transfer Iran’s Frozen Funds

SEOUL, Sept 5 (Reuters) - Efforts are under way to transfer Iran's funds that had been frozen in South Korea, foreign minister Park Jin said, after Teheran reached a deal with the United States to release American citizens...

Iraq Says Iran Blames Reduced Gas Exports on ‘Technical’ Matter

BAGHDAD, May 26 (Reuters) - Iran's foreign minister told his Iraqi counterpart on Friday that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry...

Iraq to Trade Crude Oil for Iranian Gas To Settle Power Debt -PM

July 11 (Reuters) - Iraq will begin trading crude oil for Iranian gas to end the recurring issue of payment delays to Tehran due to the need for U.S. approval, Iraqi Prime Minister Mohammed Shia Sudani said...

Iraq-Iran Gas-For-Oil Barter Would Likely Violate US Sanctions

By Arshad Mohammed WASHINGTON, July 14 (Reuters) - A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting...