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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 as other measures to counter sanctions after the United States told allies to cut all imports of Iranian oil from November — America’s defense and strategic partner India was told last week by its AmbassadorRead More


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 under risk and has started to take measures. EU trade with Iran has more than tripled from the pre-deal low of £5.5 billion to £18.5 billion last year. The EU Commission President Jean-Claude Juncker afterRead More


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 out its role in the Gulf vis-a-vis Iran when asked to comment on Trump withdrawing from the Iran nuclear deal, while maintaining that he absolutely stands for non-proliferation. “Pakistan has all along been balancing itsRead More


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, as the rock star of the energy world, is of the view that oil prices may continue to rally past its 3½-year highs, all the way to $85 a barrel, as soon as July. “WeRead More


‘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 on among the strongest sanctions that we’ve ever put on a country.” Trump told reporters about the plan about 24 hours after officially withdrawing from the Obama-era agreement, calling it “defective at its core.” TrumpRead More


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 of an accord designed to prevent Tehran’s alleged quest for the bomb. The Saudi Foreign Minister welcomed Trump’s decision to withdraw from the 2015 Joint Comprehensive Plan of Action (JCPOA), a landmark nuclear agreement stillRead More


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 willing to go, militarily and diplomatically, that has moved the needle on North Korea. It is uncertainty about his approach to the Iran deal and to trade that has French President Emmanuel Macron and Germany’sRead More


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 it “like never before”. Mr Rouhani’s comments come as the US president decides whether to pull out of the international agreement by a 12 May deadline and refuse to extend U.S. sanctions relief for Iran.Read More


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. But while Netanyahu accused Israel’s main enemy Iran of lying about its nuclear ambitions, he did not provide evidence that it had actively worked to obtain an atomic weapon since the 2015 agreement between TehranRead More