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'Uncertainty shrouds' Europe capping Russian oil priceEurope’s decision to enforce a price cap of $60 per barrel on Russian oil to drive down the country’s oil revenues without causing a surge in prices is theoretically bearish, said MUFG, a Japanese bank holding and financial service More… |
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Huawei calls on US to halt sanction campaignHuawei, a leading global provider of ICT solutions and smart devices, has called on the US government to halt its state-sanctioned campaign against Huawei because it will not deliver cybersecurity. Huawei has also filed a motion f More… |
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Iran pushes for more access to global bankingIran's main goal in its nuclear talks with world powers was to secure access to the global financial system, and the US must now do more to remove obstacles to the banking sector, Foreign Minister Mohammad Javad Zarif said on Saturday. More… |
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US, Saudi sanction Pakistan militant groupSaudi Arabia and the US imposed joint sanctions targeting the Pakistan-based militant group Lashkar-e-Taiba, the two countries announced. The sanctions targeted four individuals and two affiliated organisations, including James Al More… |
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SWIFT expands crime compliance servicesSWIFT, a member-owned cooperative for conducting business operations with confidence, has announced an expansion to its financial crime compliance services portfolio with two new services coming in 2016. Sanctions list management More… |
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Lifting of Iran curbs will lower oil prices, says World BankLifting sanctions related to Iran’s nuclear programme will have a significant impact on the world oil market, the Iranian economy and Iran’s trading partners. Iran’s full return to the global market will eventual More… |
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Draft deal calls for access to all Iranian sitesUN inspectors would have access to all suspect Iranian sites, including military ones, under a draft nuclear deal that six major powers and Iran are working to finalise on Tuesday, a diplomatic source said. The person, who spoke o More… |
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Iran demands all sanctions end when nuclear deal signedIranian Supreme Leader Ayatollah Ali Khamenei on Thursday demanded that all sanctions on Iran be lifted at the same time as any final agreement with world powers on curbing Tehran's nuclear programme is concluded. Khamenei, th More… |
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Iran would sell more oil if Western sanctions liftedIran said oil prices would not rise above $60 a barrel until 2016 and that it would increase crude exports if Western sanctions over its nuclear programme were lifted, the semi-official Mehr news agency reported on Friday. "W More… |
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Boeing reaches plane parts deal with IranUS planemaker Boeing has disclosed an agreement with Iran to provide airplane parts, relaxing a three-decade freeze in ties as part of a broader package of sanctions relief. More… |
