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...
India Inks 10-Year Deal to Operate Iran’s Chabahar Port
NEW DELHI, May 13 (Reuters) - India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening relations with a strategic Middle Eastern...
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...
Iran’s Revolutionary Guards Extend Control Over Tehran’s Oil Exports, Sources Say
By Jonathan Saul and Parisa Hafezi
LONDON/DUBAI, Dec 18 (Reuters) - Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's revenue and...
Iran to Boost Oil Output by 250,000 Bpd, Oil Ministry News Site Reports
Nov 4 (Reuters) - Iran has approved a plan to increase oil production by 250,000 barrels per day, the oil ministry's news website Shana reported on Monday.
"Iran's Economic Council has approved a decision to finance an...
Iraq’s Central Bank Revokes Iran’s Bank Melli Operating Licence
By Timour Azhari
BAGHDAD, Feb 8 (Reuters) - The Central Bank of Iraq (CBI) has revoked the operating licence of Iran's largest bank, Bank Melli Iran, citing international sanctions and the bank's limited operations in Iraq, a CBI document...
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...
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...
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...
Iran Currency Slips to New Lows Amid U.S., Europe Tensions
DUBAI, Dec 14 (Reuters) - The Iranian currency extended its fall on Saturday, hitting a new all-time low against the U.S. dollar amid uncertainties about Donald Trump's imminent arrival in the White House and tensions with the...
