Page 22 - Iran

Oil prices steady as Iran supply concerns offset demand outlook

Brent crude was down 16 cents, 0.2%, to $69.30 a barrel by 0809 GMT

Oil prices little changed as Iran concerns offset rosy demand outlook

Brent crude futures for July fell 9 cents, 0.1%, to $69.37 a barrel, while US West Texas Intermediate crude for July was at $66.90 a barrel, up 5 cents, or 0.1%

BPCL may resume Iranian oil buying if no sanctions, needs concessions

India is the world's third largest oil consumer and importer

Oil steady with investors focusing on possible return of Iranian supply

Oil prices were steady on Wednesday as concerns a possible resumption in Iranian supply would cause a glut were offset by hopes for stronger US fuel demand after a drop in weekly inventory estimates

Farzad-B gas field: India one of the losers in energy politics of West Asia

Last week, after chasing India to develop the field for 13 years, Iran announced that it will develop the offshore gas field, which runs along the country's maritime border with Saudi Arabia

Iran likely to extend UN nuclear monitoring agreement by a month

Nation earlier said inspectors may no longer get nuclear site images

Oil nudges up, set for biggest weekly loss since March on Iran supplies

Brent crude futures for July rose 10 cents, or 0.2%, to $65.21 a barrel by 0032 GMT while U.S. West Texas Intermediate for July was at $62.16 a barrel, up 22 cents, or 0.4

Iran's President Hassan Rouhani says deal reached to remove most sanctions

Oil, banking, shipping and insurance sanctions will be lifted

India loses ONGC-discovered Farzad-B gas field in Iran

The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.

Iran gears up for return to global oil market as US talks advance

US and Iranian diplomats, currently negotiating via intermediary governments in Vienna, have signaled that an agreement is within reach

European Union companies could face legal action over Iran contracts

European companies doing business with Iran could face legal troubles if they have terminated their contracts with Iranian banks or firms solely because of fears about possible US sanctions

US Navy seizes weapons in Arabian Sea likely bound for Yemen Houthi rebels

Iran's mission to the UN did not immediately respond to a request for comment, though Tehran has denied in the past giving the rebels weapons

Iran's petrochemical plant in Qom province hit by explosion, fire

An explosion and fire were reported at a petrochemical plant in the Qom province of Iran on Sunday

US Navy fires warning shots in new tense encounter with Iran: Details here

An American warship fired warning shots when vessels of Iran's paramilitary Revolutionary Guard came too close to a patrol in the Persian Gulf, the US Navy said Wednesday

South Korea unfreezes $30 mn Iranian funds for medicines, vaccines purchase

South Korea has released a small portion of Iranian funds in its banks for its purchase of medicine and vaccine, a senior businessman said in Tehran

Iran seeks to enhance security and economic cooperation with Pakistan

Iranian President Hassan Rouhani has called for the enhancement of security and economic cooperation between Tehran and Islamabad

IAEA confirms Iran started enriching Uranium upto 60%, reached record level

IAEA has confirmed that Iran started enriching uranium up to 60 per cent, reaching its highest-ever level of enrichment, a spokesperson for the IAEA told Sputnik

SpiceJet plane's windshield cracks, diverted to Zahedan airport in Iran

A SpiceJet plane was diverted to Zahedan airport in Iran on Friday after its windshield cracked when it was flying from Riyadh in Saudi Arabia to Lucknow.

Iran starts enriching uranium to 60% purity, its highest level ever

This comes after an attack targeted its Natanz nuclear site

Iran finalises deal to purchase 60 million Covid-19 vaccines from Russia

Iran has finalised a deal with Russia to purchase 60 million doses of Sputnik V coronavirus vaccine, the state-run IRNA news agency reported Thursday.