10 Updates

Is Iran Resorting To An Insurance Scam To Keep Oil Exports Going?

Source: Forbes, Nov 15 2012, 9:20am CST

An oil tanker is seen off the port of Bandar Abbas, southern Iran, on July 2, 2012. Iran has come up with several methods to foil the European insurance embargo on ships loaded with its crude, a sanction which may ha ...

Continue reading on: Forbes

 
 
Update
10

1 hour ago

Iran dispatches warship to shadow Gulf exercises

Source: The Telegraph  |   May 18 2013, 8:20am CDT

The fortnight-long exercise in the Gulf has seen 41 nations take part in drills aimed at protecting shipping from mines, attack by small ships and guarding oil platforms. Most of the vessels belong to Nato m ...

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Update
9

1 hour ago

Turkey not halting Iran oil imports

Source: Press TV  |   May 18 2013, 8:01am CDT

Speaking at the Brookings Institution in Washington on Friday, the Turkish premier said the level of oil imports from Iran depends on his country's energy demand. The United States granted 180-day waivers on Iran oil sanctio ...

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Update
8

26 weeks ago


Quote:
"a good colleague anda hard working man with a passion for his company, IRISL."


Source: Forbes

 
Update
7

1 hour ago

Iran Wants More Money From You

Source: WalletPop  |   May 18 2013, 7:51am CDT

Americans spent more money on gasoline in 2012 than in any other year... ever. Meanwhile, here in 2013, retail gasoline prices spiked to $3.60 a gallon on average -- $3.94 on the West Coast -- the sharpest rise in prices s ...

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Update
6

9 hours ago

Erdogan Says No Decision Yet On Further Iran Oil Cuts

Source: Rantburg  |   May 17 2013, 11:29pm CDT

[Ynet] Turkish Prime Minister Tayyip Erdogan said on Friday Turkey had already significantly reduced its oil imports from Iran, which is under the choke of US sanctions, and further cutbacks would depend on his country's ener ...

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Update
5

15 hours ago

France: West should place 'decisive sanctions' against Iran

Source: Jerusalem Post  |   May 17 2013, 6:03pm CDT

Iran's inflexible stance on curbing its nuclear program should lead the US and European nations to implement "decisive sanctions" against the Islamic Republic in the coming months, AFP cited French Defense Minister Jean-Yves Le Dria ...

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Update
4

19 hours ago

Pakistan approves 100,000 tons of wheat for Iran to pay for power

Source: The Express Tribune Pakistan  |   May 17 2013, 2:10pm CDT

Western sanctions do not target food shipments, but financial measures have frozen Iranian companies out of much of the global banking system, hindering payments for food imports. PHOTO: FILE ISLAMABAD: Pakistan has authorised t ...

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Update
3

19 hours ago

U.S. Lifts Sanctions On Iraqi Bank

Source: Radio Free Europe  |   May 17 2013, 2:02pm CDT

The United States says it has allowed an Iraqi bank to again conduct business with the U.S. financial system “following the bank’s significant and demonstrated change in behavior," according to a statement fro ...

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Update
2

20 hours ago

Turkish PM says no decision yet on further Iran oil import cuts

Source: Reuters Mobile  |   May 17 2013, 12:50pm CDT

Turkey's Prime Minister Tayyip Erdogan addresses his supporters during a Mother's Day event organized by his ruling Justice and Development Party (AKP) in Istanbul May 12, 2013. WASHINGTON (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Fr ...

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Update
1

21 hours ago

U.S. lifts sanctions on Iraq bank that had links to Iran

Source: Reuters  |   May 17 2013, 12:19pm CDT

WASHINGTON May 17 (Reuters) - The United States said on Friday it had allowed an Iraqi bank to again conduct business with the U.S. financial system after the bank showed it was no longer helping Iran evade financial sanctions. I ...

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