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...
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...
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...
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,...
ANALYSIS: After Currency Devaluation, Iran’s Economic Outlook Is Bleak
By Roshanak Astaraki
The Iranian foreign exchange (forex or FX) market experienced one of its most volatile periods in the last week of January, with a dramatic devaluation of the Iranian rial.
On Jan. 23, the...
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...
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...
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...
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...
Unit of Thailand’s SCG Pays $20 Mln to US to Settle Iran Sanctions Case
April 19 (Reuters) - A unit of Thai company SCG Chemicals PCL IPO-SCGC.BK has agreed to pay $20 million to the United States to settle potential civil liability for violations of U.S. sanctions on Iran, the Treasury...
