Robin's Feed
Jan 13, 2012

Iran clerics urge unity as nuclear scientist buried

TEHRAN, Jan 13 (Reuters) – The Tehran funeral on
Friday of a nuclear scientist blown up by a hitman saw the
ruling clergy urge Iranians to rally behind it at a forthcoming
election and face down Western threats against Iran’s nuclear
programme.

In a mood of high emotion in a city increasingly beset by
U.S. and European sanctions and fears of war with Israel and the
West, hundreds of chanting mourners carried the flag-draped
coffin of Mostafa Ahmadi-Roshan, killed on Wednesday by a
motorcycle assassin in rush-hour traffic.

Jan 7, 2012

Iran’s Ahmadinejad to seek Latin American support

TEHRAN/CARACAS (Reuters) – Iranian President Mahmoud Ahmadinejad will seek support from Latin America’s leftist leaders on a tour starting on Sunday after tough new Western sanctions targeted Iran’s oil industry.

With one eye on his standing at home ahead of March’s parliamentary election, Ahmadinejad will meet other anti-American presidents on a trip Washington said showed Iran was “desperate for friends.”

Jan 7, 2012

West readies oil stocks release as Iran plans war games

TEHRAN/LONDON (Reuters) – Iran announced on Friday new military exercises in the Strait of Hormuz, but the West has readied plans to use strategic oil stocks to replace almost all Gulf oil lost if Iran blocks the waterway, industry sources and diplomats told Reuters.

They said senior executives of the International Energy Agency (IEA) discussed on Thursday an existing plan to release up to 14 million barrels per day (bpd) of government-owned oil stored in the United States, Europe, Japan and other importers.

Jan 6, 2012

Iran plans more war games in strait as sanctions bite

TEHRAN (Reuters) – Iran announced plans on Friday for new military exercises in the world’s most important oil shipping lane, the latest in weeks of bellicose gestures towards the West as new sanctions threaten Tehran’s oil exports.

Real Admiral Ali Fadavi, naval commander of the Revolutionary Guards Corps, said exercises next month would focus directly on the Strait of Hormuz, which leads out of the Gulf and provides the outlet for most Mid-East oil.

Jan 5, 2012

Iran, West say ready to resume nuclear talks

TEHRAN (Reuters) – Turkey has delivered a Western offer to Tehran to renew negotiations over its nuclear programme, Foreign Minister Ahmet Davutoglu said on Thursday, expressing hope talks stalled a year ago could soon be revived.

As new sanctions from the United States and the European Union added pressure on the Iranian economy, Iranian Foreign Minister Ali Akbar Salehi said Tehran was also interested in returning to the negotiating table.

Jan 5, 2012

Screws tighten on Iran as big buyers shun its oil

TEHRAN, Jan 5 (Reuters) – Iran faced the prospect on
Thursday of cutbacks in its oil sales to China and Japan as new
measures to cut off Tehran’s crude exports appeared to be
driving its economy to the wall.

The developments in Asia follow news on Wednesday that EU
leaders had agreed to halt European purchases of Iranian crude.

Dec 19, 2011

Factbox – Political risks to watch in Iran

TEHRAN (Reuters) – The sanctions noose is tightening on Iran as Washington and its European allies press the Islamic Republic to halt what they see as a covert nuclear arms programme, despite Tehran’s denials.

But with global crude prices comfortably above $100 a barrel, the world’s fifth biggest oil exporter says it can withstand the pressure. The United States and the European Union have not completed moves to hamper Iranian oil sales. Tehran believes they will not do so while their economies are so weak.

Dec 14, 2011

Rising prices main clue to Iran sanctions impact

TEHRAN (Reuters) – Tehran does not look like a city under siege.

Its shops and markets are full of goods and customers; signs that international sanctions are ravaging Iran’s economy are hard to detect.

With global oil prices above $100 a barrel, the world’s fifth biggest oil exporter is proving it can cope with trade and financial restrictions that the United States and Europe hope will force a halt to its controversial nuclear programme, which is suspected of seeking to build an atomic bomb.

Dec 14, 2011

Analysis: Rising prices main clue to Iran sanctions impact

TEHRAN (Reuters) – Tehran does not look like a city under siege.

Its shops and markets are full of goods and customers; signs that international sanctions are ravaging Iran’s economy are hard to detect.

With global oil prices above $100 a barrel, the world’s fifth biggest oil exporter is proving it can cope with trade and financial restrictions that the United States and Europe hope will force a halt to its controversial nuclear program, which is suspected of seeking to build an atomic bomb.

Dec 4, 2011

Iran says oil would go over $250 if exports banned

TEHRAN (Reuters) – Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on a fragile global economy.

“As soon as such an issue is raised seriously the oil price would soar to above $250 a barrel,” Foreign Ministry spokesman Ramin Mehmanparast said in a newspaper interview.