Sunday, May 12, 2024

Malaysia Prepared to Engage U.S. On Concerns Over Iranian Oil Shipments

KUALA LUMPUR, May 8 (Reuters) - Malaysia is prepared to hold engagements with the United States to understand concerns it raised over the role of Malaysian service providers in the shipment of sanctioned Iranian oil, its government...

EXCLUSIVE- Iran’s Regime Oil Trade With China Stalls as Tehran Demands Higher Prices

By Chen Aizhu and Muyu Xu SINGAPORE, Jan 5 (Reuters) - China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world's biggest crude importer,...

US Targets Iranian, Hezbollah Financial Network, Treasury Dept Says

WASHINGTON, Jan 31 (Reuters) - The United States on Wednesday imposed sanctions on three entities and one individual in Lebanon and Turkey for "providing critical financial support" to a financial network used by Iran's Quds Force and...

US Flags Environmental Risks From Illicit Transfers of Iranian Oil off Malaysia, Report Says

KUALA LUMPUR, May 9 (Reuters) - A U.S. treasury official warned of environmental risks from illicit transfers of Iranian oil off Malaysia, news portal Malaysiakini reported on Thursday, as the United States narrows its focus on financing...

ANALYSIS: Oil Traders Sanguine About Risks From Israel-Iran Conflict

By John Kemp LONDON, April 18 (Reuters) - Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise. Like major industrial accidents, extreme...

UAE-Iran Joint Economic Commission Convenes for First Time in 10 Years

DUBAI, April 30 (Reuters) - A rare United Arab Emirates-Iran joint economic commission will convene in Abu Dhabi from Tuesday to Wednesday, the Iranian Labour News Agency reported, as Tehran seeks to bolster economic ties with the Persian...

Halkbank Urges Immunity From US Prosecution in Iran Sanctions Case

By Jonathan Stempel NEW YORK, Feb 28 (Reuters) - Turkey's Halkbank HALKB.IS drew skepticism from a U.S. appeals court panel on Wednesday, as the state-owned lender renewed its push to escape U.S. criminal charges that it helped Iran evade American sanctions. Arguing...

ANALYSIS: Islamic Republic Is Illicitly Trading Oil, Gas Via Malaysia, UAE

By Kayhan Life Staff The Islamic Republic of Iran has encountered significant challenges because of strict sanctions imposed by the international community. These sanctions were primarily a response to Iran’s nuclear program and its alleged...

North Koreans Discuss Trade on Rare Visit to Iran

DUBAI, April 29 (Reuters) - A North Korean delegation attended an Iranian expo in Tehran last week and discussed bilateral trade with Iranian government officials and the private sector, Iranian Foreign Ministry spokesperson Nasser Kanaani said on Monday. North Korea and Iran have...

Erdogan, Eyeing More Trade With Iran, Says Turkey Weighing Opening New Border Crossings

ANKARA, Jan 25 (Reuters) - Turkey is considering opening new border crossings with eastern neighbour Iran, President Tayyip Erdogan said late on Wednesday after talks with his Iranian counterpart, as they seek to revive sagging economic relations. https://youtu.be/d_mIGxixCbo?si=aI5ZnbG0H41ntL8Y Erdogan, speaking...