Also impacted by the lifting of Iran sanctions: Big oil and OPEC
At the June 5 meeting of OPEC member states in Vienna, production levels were left unchanged at 30 million barrels per day. But Iran insisted it would increase its (more…)
Nuclear deal with Iran seen triggering Mideast proliferation crisis
President Barack Obama’s unwavering commitment to a nuclear deal with Iran, if successful, may result in a new nuclear arms race in the already unstable Middle East. Under the (more…)
France won’t sign Iran deal without military site inspections
France said on May 27 it will not sign on to a nuclear deal if Iran does not allow inspections of military sites. SUBSCRIBE l LOGIN (more…)
Russia, Iran both defend S-300 missile deal and work to save it
Russian and Iranian officials met in Moscow on May 25 for negotiations on Russia’s sale of S-300 surface-to-air missile defense systems to Iran and both sides said talks on (more…)
Chokehold: Iran sends signal by seizing tanker in Strait of Hormuz
Iran’s recent naval actions in the Strait of Hormuz and Yemen may be an immediate provocation to the U.S., but its grand strategy of gaining a chokehold on 22 (more…)
Sale of jetliners to Iran completed before nuclear agreement
Iran’s purchase of nine used commercial jetliners that had been part of the Virgin Atlantic fleet is seen as evidence that U.S. sanctions are being ignored by Western firms (more…)
UN: Iran tried to use ‘false end user’ to buy compressors
A United Nations panel reported Iran attempted to circumvent sanctions by purchasing compressors that could be used in its nuclear program from an American-owned company through a “false end (more…)
Obama’s relaxed attitude about S-300 sale to Iran shocks U.S. allies
U.S. President Barack Obama induced a “jaw-dropping” response after saying he was “not surprised” about Russia’s decision to proceed with sales of its S-300 missile system to Iran. “This (more…)
Obama asks Iran to solve Yemen war involving Iran-backed Houthis
U.S. President Barack Obama last week urged Iran to “bring all the parties together and find a political arrangement” in Yemen, where a Saudi-led coalition had been battling Iran-backed (more…)