iran Archive

chinaThe Possible Meaning and Impacts of Huawei Global CFO Arrest in Canada

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Huawei’s global chief financial officer, Meng Wanzhou, has been arrested in Vancouver and is being sought for extradition by the US government. The reason was because Huawei violated US sanctions against Iran. Hong Kong fell about 2.5% and Tokyo stocks …

franceFrance freezes Iranian assets over foiled bombing attempt

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France said on Tuesday there was no doubt Iran’s intelligence ministry was behind a June plot to attack an exiled opposition group’s rally outside Paris and it seized assets belonging to Tehran’s intelligence services and two Iranian nationals. The hardening …

energyOil prices go and stay above $80 per barrel for a while

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IEA (International Energy Agency) and Saudi Arabia oil prices will go and stay above $80 per barrel as output from Venezuela and Iran drops. Saudi Arabia lifted output by 70,000 barrels a day to 10.42 million last month. This is …

cryptocurrenciesWill failed national cryptocurrencies lead to adoption of better cryptocurrencies?

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Iran is launching a cryptocurrency backed by its national fiat currency the Rial. Transactions will be recorded on a private blockchain based on open-source Hyperledger Fabric technology. The Central Bank of Iran will control the issuance of new tokens at …

iranPentagon and US Navy are ignoring Iran’s claim of controlling the Persian Gulf

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Pentagon leaders say the U.S. Navy has no intention of altering any operations in the region. Iran has claimed control of the Persian Gulf and the Straits of Hormuz. Iran has about 100 small patrol boats that look like large …

energyIran claims it now controls the Straits of Hormuz and this could trigger US-Iran war

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The head of the navy of Iran’s Revolutionary Guards, General Alireza Tangsiri, said on Monday that Iran had full control of the Gulf and the U.S. Navy did not belong there. Tangsiri said Iran had full control of the Gulf …

iranIran getting low enriched uranium back from Russia

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Iran is taking back another batch of the 20% enriched uranium stockpiles that were sent to Russia as part of the 2015 nuclear deal. 11 tons of low enriched uranium was originally sent from Iran to Russia. Iran has already …

energyUS hard oil sanctions on Iran will reduce oil exports by 1 million bpd but not hitting collapsing Venezuela

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The US government forecasts new sanctions on Iran will cut Iran’s oil exports by 700,000 to 1 million barrels a day. Iran exported an average of about 2.1 million barrels of oil per day over the last year. Iran has …

iranSenior Officials in Australia’s government claim the US will be prepared to Bomb Iran by August

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According to senior figures in the Australian Government say the US is almost ready to bomb sites related to Iran’s nuclear program, in a move that would no doubt impact the wider region. The United States is reportedly prepared to …

iranRussia investing $64 billion in Iran’s oil and gas

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Russia is getting ready to invest US$50 billion in Iran’s oil and gas industry. A Russian oil company has signed an agreement with Iran worth US$4 billion, and that deal “will be implemented soon.” Russian energy giants Rosneft and Gazprom …