Iran

Iran, also called Persia, and officially the Islamic Republic of Iran, is a country in Western Asia. With over 81 million inhabitants, Iran is the world's 18th most populous country. Comprising a land area of 1,648,195 km, it is the second largest country in the Middle East and the 17th largest in the world.
Follow here for the latest news and discussion about diplomatic relations with Iran.
  • CNBC

    Trump's crackdown on Iran leaves the oil market vulnerable to price spikes

    The Trump administration says the oil market can handle the loss of Iranian barrels as the US tightens sanctions on the Islamic Republic. Analysts say the effort to drive Iran's exports to zero will further tighten global crude supplies at a time of heightened geopolitical risk. In the Trump administration's telling, its decision to cut off Iran's oil exports in just over a week will have little impact on crude prices.

  • The Hawks are Circling
    FX Empire

    The Hawks are Circling

    Let’s cut to the chase as the energy complex has been the markets singular focus overnight and given oil prices far-reaching influence across global markets, so we might best be served to start with the meat and potatoes this morning.

  • Analysts: Iran sanctions bullish for oil prices
    SFChronicle.com

    Analysts: Iran sanctions bullish for oil prices

    FRANKFURT, Germany (AP) — The Latest on the U.S. move to end Iran sanction exemptions (all times local): 4 p.m. Energy analysts at Raymond James & Associates are warning that U.S. imposition of tougher Iranian oil sanctions is "unambiguously bullish" for the price of oil. The analysts say in a report Tuesday that U.S. ally Saudi Arabia will take its time to ramp up oil production to make up for the lost Iranian oil exports. U.S. President Donald Trump announced sanctions last year, but then gave countries waivers to keep importing from Iran. The waiver announcement upset key oil producing countries in the OPEC cartel after they had increased supply in expectation of lower Iranian exports. The

  • Goldman Sachs is not expecting oil to rally despite the US tightening sanctions on Iran
    CNBC

    Goldman Sachs is not expecting oil to rally despite the US tightening sanctions on Iran

    Goldman Sachs expects the United States' decision to end exemptions from sanctions for countries still buying oil from Iran to have a limited impact on crude prices.

  • U.S. making a mistake politicizing oil: Iran oil minister
    Reuters

    U.S. making a mistake politicizing oil: Iran oil minister

    Oil prices on Tuesday hit their highest level since November after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers to stop buying from Tehran and further tightening global supply. Zanganeh added that the United States will not be able to reduce Iran's oil exports to zero.

  • US Crude Oil Is Heading for a New High
    Market Realist

    US Crude Oil Is Heading for a New High

    US Crude Oil Is Heading for a New HighUS crude oilOn April 22, US crude oil prices rose 2.3% and settled at $65.55 per barrel—the highest closing level for active US crude oil futures since October 31, 2018. On April 22, the US announced that the

  • India says it has 'robust plan' to guarantee oil supply after end to Iran waivers
    Reuters

    India says it has 'robust plan' to guarantee oil supply after end to Iran waivers

    MUMBAI (Reuters) - India said on Tuesday its refineries will have adequate oil supplies, thanks in part to imports from other producers, despite the United States' demand that buyers of Iranian oil stop purchases by May 1 or face sanctions.

  • Here's why China and India will remain defiant amid threat of US sanctions for Iranian oil imports
    CNBC.com

    Here's why China and India will remain defiant amid threat of US sanctions for Iranian oil imports

    China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions. President Donald Trump's administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions. The move, which took many market participants by surprise, ends six months of waivers which had allowed Iran's eight biggest buyers of crude to continue to import limited volumes. International benchmark Brent crude traded at $74.26 Tuesday afternoon, up around 0.3%, while U.S. West Texas Intermediate (WTI) stood at $65.93, almost 0.6% higher. "Iranian exports will not actually reach zero," analysts at Eurasia Group

  • End of Iranian Oil Waivers: Winners & Losers
    Zacks

    End of Iranian Oil Waivers: Winners & Losers

    US moves to stop all nations from buying Iranian oil. Here is a rundown on the sanction's biggest winners and losers.

  • Oil Rallies After U.S. Move to End Iran Waivers: Dollar Softens
    FX Empire

    Oil Rallies After U.S. Move to End Iran Waivers: Dollar Softens

    WTI Oil and Brent crude both soared to fresh 2019 highs on Monday following reports that the United States will soon end waivers granted to countries importing Oil from Iran.