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World can replace oil lost to Iran sanctions -US

and 12 related articles
 

World can replace oil lost to Iran sanctions -US

Reuters - March 1, 2012
US must show tough on Iran, yet reassure markets * Lieberman: report gives U.S. green light on sanctions * Still no clarity on oil sales cuts-analyst (Adds comments from analysts) WASHINGTON, March 1 (Reuters) - Global oil producers appear to have enough spare capacity to make up for Iranian exports curtailed by tough new sanctions, U.S. Energy Secretary Steven Chu said on Thursday. Chu said it was important that sanctions be used to crimp Iranian oil sales to ensure Tehran does not develop nuclear weapons, despite the release of an Energy ...

 

Ethanol Rises to Seven-Week High as Iran Tension Boosts Gasoline

Bloomberg - March 1, 2012
Ethanol futures rose as gasoline surged to a nine-month high after the U.S. escalated warnings to Futures advanced to the highest level in seven weeks, following gasoline higher after U.S. officials warned that the nation could join in attacking Iran if the Islamic republic doesn’t dispel concerns that its nuclear-research program is aimed at producing weapons. “Crude’s up today and gasoline was on fire,” said Will Babler, a broker at First Capitol Risk Management Inc. in Galena, Denatured ethanol for March delivery gained 0.4 cent to $2 ...

 

Brent gains on ECB loan hopes, Iran fears

Reuters - March 1, 2012
U.S. crude inventories rose less than forecast -API * Coming Up: EIA crude stocks weekly; 1530 GMT (Updates throughout, changes dateline from SINGAPORE) LONDON, Feb 29 (Reuters) - Brent crude oil gained over $1 on Wednesday, snapping two days of sharp falls, on expectations that cheap loans from the European Central Bank will spur buying of riskier assets. Fears about supply disruption from Iran also pushed prices back towards 10-month highs. Front-month Brent rose $1.03 to $122.58 a barrel by 0926 GMT, after sliding $2.62 on Tuesday to ...

 

Western sanctions tighten squeeze on Iran oil exports

Reuters - March 1, 2012
Western trade sanctions against Iran are strangling its oil exports even before they go into effect, a U.S. advisory body has found, amid warnings that any shortages will only push up crude prices and strain a weak global economy. With crude prices trading around 10-month highs and limited spare production capacity worldwide, the United States may offer Iran's biggest customers waivers from the oil sanctions, which take effect June 28. Iran is the world's fifth largest oil exporter and the second-biggest producer in OPEC after Saudi Arabia. ...

 

Oil above $123 on economy hopes, Iran concern

Reuters - March 1, 2012
An attendant prepares to refuel a car at a petrol station in Rome January 4, 2012./ (Reuters) - Oil rose above $123 a barrel on Thursday as better-than-expected economic data from China and the United States bolstered the demand outlook and concern persisted about supply disruption from Iran. A Chinese government survey on Thursday showed factories' output grew more than expected in February, following on from a report on Wednesday showing the U.S. economy grew faster than initially thought in the fourth quarter. Brent crude rose 78 cents ...

 

Oil above $123 on economy hopes, Iran concern

Reuters - March 1, 2012
China's factories grew more than expected in Feb * Western sanctions already disrupting Iran oil exports-EIA * Coming Up: U.S. initial jobless claims at 1330 GMT (Updates throughout, previous SINGAPORE) LONDON, March 1 (Reuters) - Oil rose above $123 a barrel on Thursday as signs of economic growth in China and the United States bolstered the demand outlook and concern persisted about supply disruption from Iran. A Chinese government survey on Thursday showed factories grew more than expected in February, following on from a report on ...

 

Western sanctions tighten squeeze on Iran oil exports

Reuters - Feb 29, 2012
Western trade sanctions against Iran have begun to strangle its oil exports, a U.S. advisory body said, amid signs the squeeze on Tehran is only set to intensify and could push global crude prices higher unless Washington eases its grip. With crude prices trading at around 10-month highs and limited spare production capacity world-wide to make up for the embargo on Iran, the United States may seek to offer Iran's major trade partners more room to move on sanctions. Iran's biggest oil customers, including China, Japan and India, have become ...

 

Western sanctions already disrupt Iran oil exports: EIA

Reuters - Feb 29, 2012
Gas refineries are seen in Assalouyeh, south of Tehran, January 27, 2011./ (Reuters) - Western sanctions on Iran are disrupting its oil exports and further restrictions could tighten global oil markets already hit by a rash of outages in other countries, a report required by the recent U.S. sanctions law said on Wednesday. With world oil prices soaring, U.S. and European insurance companies are failing to insure deliveries of Iranian oil even before the full Western sanctions go into effect, according to a report by the Energy Information ...

 

Western sanctions already disrupt Iran oil flow -EIA

Reuters - Feb 29, 2012
Iran oil shipments cut by lack of EU/US insurance * Report could help Obama decide on sanctions waivers (Adds details and quote from the report) Feb 29 (Reuters) - Western sanctions have already disrupted Iran's oil flows as U.S. and European companies refuse to insure deliveries, according to a U.S. report required by the law signed by President Barack Obama late last year. "There is emerging evidence that some shipments of Iranian crude oil under existing contracts are being curtailed due to the unwillingness of U.S. and EU insurance ...

 

Global Fuel Demand Outside Iran Outstrips Supply, U.S. Says

Bloomberg - Feb 29, 2012
outpaced supply by 1.6 million barrels a day during the first two months of the year, the U.S. Energy Department said. Consumption averaged 84.5 million barrels during the period while production was 82.9 million, the department’s Energy Information Administration said in the report today. The examination on oil and fuel supplies and prices outside of Iran was prepared for Congress. OPEC spare oil production dropped 33 percent in the first two months of this year compared with same period in 2011, the report showed. The Organization of ...

 



UPDATE 1-Iran, powers close in on 2-3 page nuclear deal; success ...

Reuters – Four hours ago
  • Iran says nuclear talks focused despite Yemen crisis (Fox News)
  • Iran, US Continue Nuclear Talks Ahead of Deadline (VOA News)
[ 15 Articles Available ]
 

Pro-Iran Hezbollah says Riyadh will be 'defeated' in Yemen

Yahoo! News – Seven hours ago
  • Iran accuses Turkish leader Erdogan of fomenting regional strife (Reuters)
  • Iran FM urges talks on Yemen (Xinhua)
[ 11 Articles Available ]
 

US, Iran nuke talks enter critical round ahead of deadline

Yahoo! News – March 26, 2015
  • Negotiators at Iran Talks Said to Aim for March 29 Agreement (Bloomberg)
  • Optimism for nuclear deal grows as Iran talks resume (LA Times)
[ 19 Articles Available ]
 

Yemen rebel chief slams 'unjustified' Saudi intervention

Yahoo! News – March 26, 2015
  • Has Iran overreached itself in Yemen? (Huffington Post)
  • Iran demands immediate halt to military actions in Yemen (Reuters)
[ 40 Articles Available ]
 

UPDATE 1-Iran storing 30 million barrels of oil at sea

Reuters – March 25, 2015
  • Iran has a little surprise for the oil market that's ready to ship (India Times)
  • Iran storing 30 million barrels of oil at sea (Trend)
[ 4 Articles Available ]
 

Schlumberger fined $232.7mn for breaking Iran, Sudan sanctions

Yahoo! News – March 25, 2015
  • Schlumberger pleads guilty to violating US sanctions on Iran, Sudan (Reuters)
  • Schlumberger Unit Expected to Plead Guilty to Violating Iran, Sudan ... (Wall Street Journal)
[ 6 Articles Available ]
 

Iran denies UN request for snap inspections of nuclear sites

Christian Science Monitor – March 24, 2015
  • Iran official criticizes demand for snap inspections of nuclear sites, ... (Fox News)
  • Official: Iran won't accept snap inspections of nuke sites (Yahoo! News)
[ 3 Articles Available ]
 

Israeli minister warns French against 'bad accord' with Iran

Yahoo! News – March 24, 2015
  • Israel's Steinitz says world powers, Iran likely to agree bad nuclear deal (Reuters)
  • Israel says West, Iran likely to agree on 'bad deal' for Iranian ... (Christian Science Monitor)
[ 7 Articles Available ]
 

Israel Denies Spying On U.S. Handling Of Iran Negotiations

Huffington Post – March 24, 2015
  • Key crises in US-Israel ties (Yahoo! News)
  • Report: Israel spied on nuclear talks with Iran (CBS News)
[ 19 Articles Available ]
 

Iran Urges World To Find 'Common Position' For Nuclear Deal

Huffington Post – March 23, 2015
  • Iran urges world to find 'common position' for nuclear deal (Yahoo! News)
  • Iran urges world powers to find 'common position' as nuclear ... (Fox News)
[ 3 Articles Available ]
 
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