East Asia

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Just how low can Iran’s oil exports go?

An oil tanker is seen off the port of Bandar Abbas, southern Iran. (AFP) By Tsvetana Paraskova September 21, 2018 Iran’s oil exports started to fall noticeably in August as key customers in Asia began to curtail oil purchases to either comply with the U.S. efforts to bring Iranian exports to zero, or [...]

By |September 21st, 2018|East Asia, Europe, Middle East|

Indian oil refiner part-owned by Iranian company cancels Iran oil imports

A crew member walks across the deck of oil tanker 'Devon' as it prepares to transfer crude oil from Iran to India, on Friday, March 23, 2018. (Bloomberg) September 20, 2018 India’s Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United [...]

By |September 20th, 2018|East Asia, India|

US threats over buying Iranian oil puts India in dilemma

Iranian President Hassan Rouhani (C) holds hands with Indian President Ram Nath Kovind (L) and Indian Prime Minister Narendra Modi (R) during a ceremonial reception at the Indian Presidential palace in New Delhi. (AFP) September 17, 2018 India is facing a dilemma over how to respond to the US threat of punitive measures [...]

By |September 17th, 2018|East Asia, India|

India’s Iran oil purchases to fade ahead of US sanctions

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 file photo. (REUTERS) September 15, 2018 Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half [...]

By |September 15th, 2018|East Asia, India|

US imposes sanctions on Thai company it accuses of aiding Iran

U.S. Treasury Secretary Steven Mnuchin arrives at a White House reception for Congressional Medal of Honor recipients in the East Room of the White in Washington, U.S., September 12, 2018. (REUTERS) September 15, 2018 The United States on Friday imposed sanctions against a Thai aviation company that it said was acting on behalf [...]

By |September 15th, 2018|East Asia, North America, USA|

Iran floats surplus oil as demand falls ahead of U.S. sanctions

An oil tanker transports crude oil to export markets in the Gulf, Iran. (Bloomberg) September 14, 2018 The tankers, carrying about 2.4 million barrels of South Pars condensate combined, have been floating off the UAE since August after South Korea halted imports from Iran while China’s demand dropped during summer, according to several [...]

By |September 14th, 2018|East Asia, Middle East|

Tehran offers Beijing strategy to face US sanctions

The head of the Iranian Foreign Policy Strategic Council, Kamal Kharrazi, delivers a speech at the University of Beijing on Tuesday (IRNA) September 12, 2018 The head of the Iranian Foreign Policy Strategic Council, Kamal Kharrazi, unveiled Tuesday in Beijing a list of proposals to promote strategic cooperation with China, in an attempt [...]

By |September 12th, 2018|East Asia|

Major global companies are leaving Iran to avoid U.S. sanctions

Iranians drive by an anti-American mural in downtown Tehran. (AFP) By David Adesnik and Saeed Ghasseminejad September 11, 2018 Major international corporations are leaving Iran rather than face the risk of unilateral U.S. sanctions, despite the efforts of European governments to neutralize the sanctions’ impact, according to a new report issued today by the [...]

By |September 11th, 2018|East Asia, Europe, North America, USA|

Living on the margins in Iran: Chabahar and the Province of Sistan and Baluchistan

Sistan and Baluchistan, the second largest and the poorest province in Iran. (Supplied) By Ali Ranjipour September 8, 2018 The story of margin-dwelling in Sistan and Baluchistan, the second largest and the poorest province in Iran, is different from all other regions of the country. Whereas in most other regions it is the powerful [...]

By |September 8th, 2018|East Asia, Iran, Middle East, Pakistan|

U.S. to help nations replace Iran oil, may consider waivers

U.S. Secretary of State Mike Pompeo and Secretary of Defence James Mattis pose beside India’s Foreign Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman before the start of their meeting in New Delhi, Sep 6, 2018. (REUTERS) September 8, 2018 Washington will consider waivers for Iranian oil buyers such as India but they must [...]

By |September 8th, 2018|East Asia, India, North America, USA|