Embargoes & Sanctions

The US Senate Banking Committee on Feb. 2 unanimously approved a new regimen of anti-Iran sanctions which will for the first time threaten to punish the global financial telecommunications network - nearly all...

By IsraelNationalNews.com Israel's Channel 2 reported on Tuesday that Mossad director Tamir Pardo was in Washington for talks about a possible attack on Iran's nuclear installations. Pardo's visit, which would normally be conducted...

In his third State of the Union address to the US Congress, President Barack Obama on Jan. 24 said he was "determined to prevent Iran from getting a nuclear weapon", stressing: "I will...

The EU may allow some of its members to use strategic oil reserves after an oil embargo on Iran goes into effect on July 1. In Davos, EU Energy Commissioner Guenther Ottinger on...

Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has repeatedly stated in recent days that the kingdom will be able to almost instantly raise its crude oil production from 10m to 11.8m b/d...

By IsraelNationalNews.com The final "exploratory" meeting between Israel and the Palestine Liberation Organization ended Wednesday in Amman with no progress, officials said. PLO negotiator Saeb Erekat and Israeli attorney Yitzchak Mocho made little...

Imports from Iran at 238,860 bpd in 2011, up 20 pct yr/yr; Total crude imports up 6.2 pct y/y in 2011- KNOC; Middle East supplies 87 pct of S.Korea's 2011 crude...

Shah Deniz project will not be affected by anti-Iran sanctions - WSJ British and European leaders have convinced lawmakers in the United States not to include the Shah Deniz project a consortium headed...

The price at the pump continued its upward climb this week, at least here on Long Island if not many other places. The average retail price of gas on Long Island rose 3.5...

"It's important to get far away from any escalation and we stress the stability of the region. I welcome the comments of my colleague the Iranian foreign minister to create distance from any...

WASHINGTON -- Davis Polk & Wardwell LLP today announced that John B. Reynolds III, a leading international trade lawyer, is joining the firm as a partner in the Washington, DC office. The arrival...

Following a week that saw gas prices rise by nearly 10 cents per gallon, gas prices on Long Island saw increases again, albeit with a much gentler slope. The average retail price of...

By IsraelNationalNews.com Israel announced Sunday it is postponing the largest-ever anti-missile military exercise with the United States for "technical" reasons days after President Barack Obama called Prime Minister Binyamin Netanyahu to reiterate his...

The working week on Jan. 13 ended with crude oil prices down as fears that Iran could close the Strait of Hormuz and of a potential cut in Nigerian oil exports were offset...

Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has assured world traders that the Sunni/Wahhabi kingdom had sufficient volumes of crude oil to replace Iranian exports in the event of an embargo. Reuters...

DUBLIN -- Research and Markets(http://www.researchandmarkets.com/research/d6758c/iran_petrochemical) has announced the addition of the "Iran Petrochemicals Report Q1 2012" report to their offering. The international sanctions regime is beginning to bite Iran's petrochemicals sector as investment...

DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/110bc5/iran_defence_and_s) has announced the addition of the "Iran Defence and Security Report Q1 2012" report to their offering. Business Monitor International's Iran Defence and Security Report provides industry...

DUBLIN -- Research and Markets(http://www.researchandmarkets.com/research/04f5d8/risk_sharing_in_fi) has announced the addition of John Wiley and Sons Ltd's new book "Risk Sharing in Finance: The Islamic Finance Alternative" to their offering. The recent U.S. financial debacle...

Gas prices on Long Island saw near double-digit increases this week, as fear of Iran closing a vital waterway for oil exports impacted prices across the nation. On Long Island, the average retail...