nuclear deal

Beyond Iran: Time To Focus on the Economy

By Dr. Habib Al Mulla Iran is not unique among the diverse nation states of the Middle East in terms of the pressures influencing its actions on the global stage. However, it is a particularly dramatic example of just how compelling those pressures can be. One can argue that based on past actions, such as

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Oman Fund, Iran’s Khodro Sign MoU for Auto Venture

By Fatma Alarimi MUSCAT, Jan 27 – An Omani sovereign wealth fund has signed an understanding with Iran’s biggest auto maker, Iran Khodro Industrial Group, to study a proposal for a $200 million auto plant in Oman, a fund official said on Wednesday. The memorandum of understanding is one of the first signed between a

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Iran’s Leader Seeks Closer Ties with China Amid Western Mistrust

By Bozorgmehr Sharafedin DUBAI, Jan 24 – Iran‘s Supreme Leader Ayatollah Ali Khamenei on Saturday called for closer economic and security ties with China, saying Iran had never trusted the West, as the two countries agreed to increase bilateral trade more than 10-fold to $600 billion in the next decade. Iran‘s most powerful figure told

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Iran’s Revolutionary Guards to Gain Power in Post-Sanctions Era

By Parisa Hafezi ANKARA, Jan 19 – Iran’s Revolutionary Guards did well under international sanctions, and the elite military force is destined to become still richer now they’ve been lifted. Iran’s clerical rulers have supported economic growth of the Guards, rewarding the group for sanctions-busting as well as suppressing dissent at home and helping Tehran’s

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Iran’s Khamenei Warns of U.S. “Deceit”

DUBAI, Jan 19 – Iran’s Supreme Leader Ayatollah Ali Khamenei on Monday welcomed the lifting of international sanctions against Iran, but warned that Tehran should remain wary of its old enemy the United States. State television reported that Khamenei wrote to President Hassan Rouhani to congratulate him on implementing the nuclear deal, which resulted in

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Iran-Venezuela Oil Tanker Deal Hit by Sanctions Snags

By Jonathan Saul and Marianna Parraga LONDON/HOUSTON, Jan 18 – An agreement to build oil tankers in Iran for Venezuela has been left in limbo years after it was announced as Western sanctions plus disagreements over payments and delivery terms took their toll, sources familiar with the matter say. The deal was heralded in 2006

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Iran Set to Boost Oil Production by 500,000 BPD

DUBAI, Jan 18 – Iran has issued an order to increase crude oil production by 500,000 barrels a day, the deputy oil minister was quoted as saying on Monday, implementing its policy to boost production as soon as sanctions were lifted. Oil prices hit their lowest since 2003 on Monday as the market braced for

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Rouhani Hails “Golden Page” in Iran’s History as Sanctions Lifted

DUBAI, Jan 17 – President Hassan Rouhani hailed on Sunday a nuclear deal with world powers as a “golden page” in Iran’s history, and looked forward to an economic future less dependent on oil as the country emerges from years of sanctions and isolation. But in an address to parliament he noted bitter opposition to

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Iran Says Has Removed Core from Arak Reactor in Key Nuclear Deal Step

By Parisa Hafezi ANKARA, Jan 14 – Iran has removed the sensitive core of its Arak nuclear reactor and U.N. inspectors will visit the site on Thursday to verify the move crucial to the implementation of Tehran’s atomic agreement with major powers, state television said on Thursday. Removal of the core from the Arak reactor

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