China-Iran deal. Billions of dollars of Chinese investment could be heading Iran’s way after the two…
Topic: US sanctions on Iran
In 2015, Ira signed a nuclear deal with the world powers that regenerated its economy. In 2017 Trump withdrew the US from the deal and brought it crashing down again. Now Biden may resurrect that deal. Business news and opportunities arising from the ongoing saga of US sanctions on Iran
US-Iran diplomatic madrigal begins with Nimitz withdrawal
Joe Biden's administration withdrew the USS Nimitz from the Gulf this week - but it has…
Rohani turns to Iranian petrochemical exports to beat sanctions
Iranian petrochemical exports are set to jump from $15bn in the Islamic Republic’s current calendar year…
New US sanctions push Iran east and south
New US sanctions were today expected to be slapped on more than two dozen people and…
INSTC Corridor to get own logistics operator
INSTC: Russian Railways is in talks with its counterparts in Iran, India and Azerbaijan about the…
Riyadh and Tehran draw up new ‘soft power’ battle lines at Basra
More than a quarter of a century after the road to Basra briefly became short hand…
Russia set to capitalise on US hostility towards Iran with EEU FTA and oil deals
US President Trump’s unremitting hostility towards Iran seems to be playing into Moscow’s hands, and sooner…
EU accused of appeasing Trump with May 12 nuclear waiver looming for Iran
The EU should be pushing the US to abide by the terms of the nuclear agreement…
Future of Chabahar and Farzad B high on agenda for Rouhani visit to India
Progress on the upgrade of the Iranian port of Chabahar and delays over the awarding of…
Russia extends influence in Gulf with plans for nuclear plant in Kuwait
Kuwait: With Washington expected to slap another round of sanctions on Russia for its alleged meddling in…
Total to forfeit investment if it pulls out of South Pars contract, Tehran warns
French energy giant Total will lose the $66m it has already committed to the development of…
IMF gives Iran short-term thumbs-up – but sanctions cast a longer shadow
The Iranian economy will grow by 3.5% this year and 3.8% in 2018 , according to…
India offers to invest $11bn in Iran’s Farzad-B – and to take all the gas home
An Indian consortium headed up by ONGC Vicesh has said that it is willing to spend…
Total close to finalising $1bn South Pars deal despite new sanctions threat
The French oil major Total is finalising plans to invest an initial $1bn in the development…
Wintershall ignores sanctions threat to strengthen ties with Gazprom in Iran
Germany’s biggest oil and gas company Wintershall – which is already helping co-finance Gazprom’s controversial Nord Stream…
China draws Tehran into New Silk Road
New Silk Road: The China National Machinery Import and Export Corporation (CMC) has been given the…
Trump extends sanction relief as Iranians go to the polls
48 hours before today’s Iranian presidential elections US President Donald Trump announced an extension to the…
Brexit draws UK companies to Iran despite shadow of sanctions
With the prospect of Brexit limiting their ability to operated within the EU, UK firms are…
Amazon facing penalties over Iran
E-commerce giant Amazon could be facing penalties from the US Treasury, it has emerged, after it…
Vitol and NIOC pre-empt Trump with $1bn pre-finance Iranian oil deal
Vitol, the world’s largest oil trader, has agreed to provide the National Iranian Oil Company (NIOC)…
Concerns over Trump hard-line policy prompt BP to step back from Iran
Less than two months after deciding to exclude its US national CEO Bob Dudley from its attempts to…
Rouhani threatens to revive nuclear programme after Senate votes for 10-year extension to Iran Sanctions Act
Iran’s President Hassan Rouhani yesterday called on outgoing US President Barack Obama not to sign a…
BP US CEO Bob Dudley stands back from special Iranian task force
BP has formed a special task force to study the investment potential of the Iranian oil…
Total wins race to sign first energy deal with Iran since end of sanctions
France’s Total this week became the first western energy company to sign a major deal with Tehran…