Oil
Iran announced on Feb. 19 that it would halt all oil sales to France and Britain, a response to new EU sanctions on Iranian oil imports due to go into effect this summer. But the top 10 European economies actually acquire only a modest share of their oil from Iran. The following are EU statistics…
The European Union on Jan. 23 imposed new sanctions on Iran. The following is the EU press statement, with the full conclusions of the EU Foreign Affairs Council below.Iran: New EU sanctions target sources of finance for nuclear programme Given the EU's serious and deepening…
Annika FolkesonTension has increased between Iran and the United States over the past weeks after the United States imposed new sanctions and Iran threatened to close the Strait of Hormuz. The following are key facts on Iranian oil. Iran holds the world’s fourth-…
Annika FolkesonTension has increased between Iran and the United States over the past weeks after the United States imposed new sanctions and Iran threatened to close the Strait of Hormuz. The following are key facts on the Strait. The Strait of Hormuz is the world's most…
Michael Singh
Iranian officials grabbed global headlines in recent days by threatening to close the vital Strait of Hormuz, through which 20 percent of the world’s traded oil passes. Iran sought to back up its threats by holding a 10-day military exercise in the Persian Gulf and warning the…
The Atlantic Council has issued a new report entitled “Iran Turns to China, Barter to Survive Sanctions.” The following is an excerpt, with a link to the entire survey at the bottom. The big story of the last decade for Iranian trade has been that of increasing reliance on China. Since 2001…
Anthony H. Cordesman Saudi Arabia and the United States may not share the same political system and culture, but they do share broad strategic interests. Both countries must now deal with Iran in context of the arc of political instability that extends from Pakistan to Morocco—and is of…
Semira N. Nikou Libya’s rebellion has put Iran in an awkward position. Tehran has tried to balance support for the Libyan opposition, which it views as part of a region-wide “Islamic awakening,” with rejection of the NATO-led military strikes. Iranian officials charged that the U.…
Fareed Mohamedi Oil prices have risen worldwide because of political unrest and upheavals in the Middle East. How has Iran been affected by the turmoil in oil sales?The sudden rise in oil prices amid uncertainty and upheavals in the Middle East could create a political cushion for…