Middle East

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Iran must be punished for failing to comply with financial standards

Iranian President Hassan Rouhani (R) and his Foreign Minister Mohammad Javad Zarif (L) meeting with the country's Supreme Leader Ayatollah Khamenei. (IRNA) By Majid Rafizadeh November 16, 2018 After the Joint Comprehensive Plan of Action, commonly known as the Iran nuclear deal, was struck between the P5+1 world powers and the Islamic Republic in 2015, [...]

By |November 16th, 2018|Europe, Middle East, North America, USA|

US: Iran is spending $1 billion a year backing Hizballah, other allies

Hezbollah leader Hassan Nasrallah kisses the arms of Iran's Supreme Leader Ayatollah Ali Khamenei in Tehran, August 3, 2016. (Reuters) November 15, 2018 The United States is claiming that Iran spends nearly $1 billion a year providing support to Hizballah, Hamas, and other allied militant groups in the Middle East. U.S. Ambassador Nathan [...]

By |November 15th, 2018|Middle East|

Iran’s inflation rate will soar to over 40 percent by year-end

A currency exchange office in the Iranian capital, Tehran, August 2018. (ILNA) November 15, 2018 Iran's inflation rate will jump to over 40 percent by the end of the year even as its economy sinks into a deep recession, the International Monetary Fund is projecting. In a report on Middle Eastern economies released [...]

By |November 15th, 2018|Iran, Middle East|

Iran: Statements on spread of money laundering spur anger against Zarif

Eyes abroad. Iranian Foreign Minister Mohammad Javad Zarif looks on during a meeting. (AP) November 15, 2018 Recent statements by Iranian Foreign Minister Mohammed Javad Zarif about the spread of money laundering in his country stirred a wave of angry reactions among opponents to Iran’s plans to join money laundering and counter-terrorism financing [...]

By |November 15th, 2018|Iran, Middle East|

Military official: Iran ready to protect oil tankers against threats

The Iran Delvar, an Iranian Oil Tanker. (MEHR) November 12, 2018 Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a "floating liability" and warned ports operators not to allow them to dock. The United States resumed [...]

By |November 12th, 2018|Middle East|

Iranian oil exports already down before sanctions came back online

An oil tanker is seen off the port of Bandar Abbas, southern Iran. (AFP) By Andrew Gabel and David Adesnik November 12, 2018 Even before the reinstatement of sanctions earlier this week, Iran’s oil exports had already fallen by as much as 40 percent from their previous high, or one million barrels per day (bpd). [...]

By |November 12th, 2018|East Asia, Europe, Middle East, North America, USA|

Iran is the architect of its own downfall

Iranian President Hassan Rouhani delivers a speech during the annual military parade in Tehran on Saturday, Sept 22, 2018. (AFP) By Linda S. Heard November 8, 2018 the Trump administration reimposed sanctions on Iran’s oil, gas, shipping and banking industries with more on the way. EU states have announced their displeasure while vowing [...]

By |November 9th, 2018|Middle East|

Iranian regime’s hostility faces ultimate sanctions test

President Donald Trump holds up a copy of the memorandum he signed, enacting a US departure from the Iran deal. (AP) By Theodore Karasik November 9, 2018 The Trump administration’s crippling new sanctions on Iran are now in place. With a presidential meme to warn Iran of what is coming and daily infographics from [...]

By |November 9th, 2018|Middle East|

The cost of Iran’s stubborn refusal to join international treaties

The United Nations Office at Vienna (UNOV). (AP) By Faramarz Davar November 8, 2018 The Islamic Republic of Iran is getting ready to celebrate its fortieth anniversary in early 2019. Over four decades, it has repeatedly refused to ratify international treaties — a costly and damaging move for the country and its people. Since its [...]

By |November 8th, 2018|Europe, Middle East, North America, USA|

The future of Iran’s oil and gas sector

The jetty on Kharg Island, Iran, seen, July 1971, where oil is distributed from four major pipes, leading from the tank farm to the jetty, to individual pipes for each of ten landings that can accommodate as many as 10 ships at once. (AP) November 8, 2018 At first glance, it seems that [...]

By |November 8th, 2018|Iran, Middle East, North America, USA|