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Iran to get $5.7bn sanctions reliefUnder a nuclear deal Iran reached with six world powers early on Sunday Tehran can gain access to $5.7 billion of revenues from limited sales of oil and petrochemicals and trade in gold and other precious metals, the US said. In a More… |
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Iran 'could get $40 billion in sanctions relief'A sanctions relief package offered to Iran as part of nuclear negotiations could be worth up to $40 billion to Tehran, or 40 percent of the impact of the sanctions, an Israeli cabinet minister said on Wednesday. Israel is strongly More… |
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Iran's energy subsidies ‘delaying top projects’Cash handouts on fuel introduced by Iran's previous government to offset price hikes are depriving state energy companies of funds needed to develop vital projects, a leading member of parliament was reported as saying. In Dec More… |
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Tehran removes anti-American postersTehran city officials have ordered the removal of some posters featuring anti-American slogans, a sign that Iran is seeking better relations with the US as the two sides hold talks over its nuclear programme. A Tehran municipal of More… |
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Iran ‘has halted nuke enrichment work’Iran has halted its most sensitive uranium enrichment work, a senior Iranian parliamentarian was quoted as saying, a move that would meet a main demand of world powers negotiating with Tehran over its disputed nuclear work. Any su More… |
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Sanctions relief on Iran likely to start slowlyAny easing by Washington of sanctions on Iran in exchange for Tehran taking steps to scale back its nuclear program is likely to be fleeting and symbolic, with any moves for bigger concessions likely to be blocked by Congress. At More… |
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Harsher curbs on Iran oil may have little effectThe US Congress could soon pass a bill to further squeeze Iran's oil exports - and its nuclear program - but new sanctions may fail to cut the country's crude sales much more than existing ones already ha More… |
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Syria again tenders to buy 276,000T sugarA Syrian state agency has again issued an international tender to purchase and import 276,000 tonnes of white refined sugar, offering payment from bank accounts frozen by Western sanctions, European traders said on Tuesday. Syria More… |
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Iran's oil revenues plunge 58pc since 2011Iran's monthly revenues from oil sales have dropped 58 per cent since just before the United States imposed harsher sanctions on the country in 2011 because of Tehran's disputed nuclear program, a senior US official said. More… |
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Asian buyers cut Iran oil imports in JulyIran's top four oil clients slightly reduced imports from the sanction-hit nation in July and purchases remain down about a fifth for the year, as the United States keeps pressuring buyers to take less and less of the crude. A More… |
