East Asia

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India ends Iranian oil imports

A Cairn India employee works at a storage facility for crude oil at Mangala oil field at Barmer in the desert Indian state of Rajasthan in this August 29, 2009. (REUTERS) May 24, 2019 India has ended all imports of oil from Iran, its ambassador in Washington said Wednesday, becoming the latest country [...]

By |May 24th, 2019|East Asia, India|

Iran foreign minister in India for talks after US sanctions

Iran’s Foreign Minister Javad Zarif and Indian Foreign Minister Sushma Swaraj. (AFP) May 14, 2019 Iran’s Foreign Minister Javad Zarif will hold talks with his counterpart in the Indian capital on Tuesday after New Delhi stopped purchases of Iranian oil this month in the wake of renewed US sanctions. India was Iran’s top [...]

By |May 14th, 2019|East Asia, India|

China calls halt to Iran oil orders

An oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. Picture taken May 16, 2017. (Reuters) May 11, 2019 China Petrochemical Corp. (Sinopec Group) and China National Petroleum Corp. (CNPC), the country’s top state-owned refiners, are skipping Iranian oil purchases for loading in [...]

By |May 11th, 2019|East Asia|

Iranian oil shipments seem to have stopped in May

An oil tanker is seen off the port of Bandar Abbas, southern Iran. (AFP) May 10, 2019 No oil tankers have left Iranian loading ports since U.S. ended its sanctions waivers allowing a handful of countries to buy Iranian oil, Bloomberg reports. Tanker tracking data cannot be fully accurate, as ships can turn off [...]

By |May 10th, 2019|East Asia, North America, USA|

White House blames China for Iranian missile threat

Surface-to-air missiles are paraded past a portrait of Iran’s Supreme Leader Ayatollah Ali Khamenei in Tehran, on April 18. (AFP) By Joel Gehrke May 10, 2019 China bears significant blame for Iran’s success in developing a dangerous new array of ballistic missiles, a top White House adviser said the same day the administration imposed [...]

By |May 10th, 2019|East Asia, North America, USA|

China, India seen as Europe’s last hope to save Iran deal

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. (Reuters) May 10, 2019 The European Union will defend the Iran nuclear accord despite Tehran's decision to backtrack on its commitments in response to U.S. sanctions, diplomats believe, [...]

By |May 10th, 2019|East Asia, Europe|

Iran oil exports ‘could drop as low as 200,000bpd in May’

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. (Reuters) May 4, 2019 Iranian oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources said, deepening [...]

By |May 4th, 2019|East Asia, Middle East, North America, USA|

As Iran’s oil exports are snuffed out, Tehran’s hope on Europe, Asia fades

An oil tanker docks at the platform of the oil facility in the Khark Island, on the shore of the Gulf, March 12, 2017. (AFP) May 3, 2019 As the US administration’s decision to suspend exemptions on Iran’s oil imports comes into force, sanctions against Iran are entering a new phase. Tehran is [...]

By |May 3rd, 2019|East Asia, Europe|

Six charts that show how hard US sanctions have hit Iran

A currency exchange office in the Iranian capital, Tehran, August 2018. (ILNA) May 3, 2019 President Donald Trump reinstated the sanctions last year after abandoning a landmark nuclear accord, which he wants to renegotiate. Iran's leaders have remained defiant in the face of the sanctions and vowed to overcome them, but the substantial [...]

By |May 3rd, 2019|East Asia, Middle East, North America, USA|

US ending Iranian oil sanctions waivers

An Iranian oil tanker is seen floating on the Caspian Sea. (AFP) May 2, 2019 The United States is tightening its economic sanctions on Iran by ending a set of waivers Thursday that had allowed some of the country’s largest oil buyers to continue their purchases. With the expiration of waivers for eight [...]

By |May 2nd, 2019|East Asia, Middle East, North America, USA|