Iran Vows To Thwart US Sanctions By Allowing Private Sector To Export Oil

JUL 2, 2018 (BE2C2): Iran will allow private companies to export crude oil, part of a strategy to counter US sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday. Iran is looking at ways to keep exporting oil as well […]

Europe Says It Aims To Protect Its Position In Iran And Nuclear Deal

Jun 7, 2018 (BE2C2) — The European Union is taking step to protect Iran nuclear deal and moving forward with a measure to protect EU companies trying to invest in Iran particularly in the Iranian energy and infrastructure sector. THE European Union is also concerned that 20 billion Euro worth of investments in Iran are […]

US “Ditches” Pakistan When It’s Politically Convenient: Musharraf

May 24, 2018 (DESPARDES/PKONWEB) — VOA Contributor Greta Van Susteren recently interviewed former President Gen. Pervez Musharraf, who said Pakistan has been a “most loyal ally” of the United States, but the US “ditches” Pakistan when it’s politically convenient and favors Pakistan’s enemy, India. The former military ruler also said the US has to balance […]

Rough Ride Ahead For Crude Oil

SYED RASHID HUSAIN (May 21, 2018) – Crude markets are entering an absorbing phase. Prices continue to hover around $80 a barrel, amid indications that prices could soar further. Yet, concerns about oil markets persist. Eminent energy analyst Daniel Yergin, once described by the then Aramco chief Khaled Al-Faleh and the current Saudi energy czar, […]

‘China Most Likely To Fill the Shoes Of The U.S.’ In Iran Nuclear Deal

May 10, 2018 (DESPARDES/PKONWEB) — After pulling the United States out of the 2015 Iran nuclear deal, U.S. President Donald Trump said Wednesday his administration plans to put strong sanctions on Iran “very soon.” “We have terminated a terrible, terrible deal that should have never, ever been made,” he said. “And we will be putting […]

Saudi Arabia Will Seek To Develop Its Own Nuclear Weapons If Iran Does: FM Al-Jubeir

May 10, 2018 (DESPARDES/PKONWEB) — Saudi Arabia will seek to develop its own nuclear weapons if Iran does, Foreign Minister Adel Al-Jubeir told CNN on Wednesday. “If Iran acquires nuclear capability we will do everything we can to do the same.” Jubeir’s renewed vow came after US President Donald Trump pulled the United States out […]

Trump on Deal or No Deal: ‘Tactically Very Unpredictable, Strategically Very Predictable’

“Sometimes by losing a battle you find a new way to win the war”; “What separates the winners from the losers is how a person reacts to each new twist of fate” – Trump Quotes May 9, 2018 (UPDATED) — Trump loves uncertainty. It works for him. It is uncertainty about how far he is […]

Iran Warns It Would Quit The Nuclear Deal If U.S. Withdraws

So far, the International Atomic Energy Agency, the U.N.’s nuclear monitoring agency, has said Iran is complying, and Secretary of State Mike Pompeo agrees. May 6, 2018 (DESPARDES/PKONWEB) — Iranian President Hassan Rouhani said on Sunday that if the United States quits the nuclear deal between Tehran and six world powers then Washington would regret […]

Does Iran Have the Atomic Bomb Already? Netanyahu Claims it Does

May 1, 2018 (DESPARDES/PKONWEB)— Israeli Prime Minister Benjamin Netanyahu said in a televised address Monday he had new “proof” of an Iranian nuclear weapons plan that could be activated at any time, as the US considers whether to pull out of the atomic accord with Tehran– Trump is expected to announce his decision in May. […]