06212018Thu

Iran Focus

London, 10 Apr - With the nomination of Mike Pompeo as Secretary of State and John Bolton appointed National Security Advisor, the prospect of sanctions on Iran becoming effective again are much greater now, according to analysts at Citigroup Inc., Societe Generale SA, Royal Bank of Canada, Mitsubishi UFJ Financial Group Inc.

Many banks are now including a so-called 'snapback' plan for Iran in their base-case energy scenarios. Still, they seem assured regarding the impact on oil supplies from the country. Which is surprising, as SocGen sees 500,000 barrels a day of exports at risk; the others, around 350,000. Previously, sanctions cut Iran's production by more than 1.2 million barrels a day at their peak.

Iran Focus

London, 09 Apr - This weekend, the Iranian rial dropped again against the dollar. This is an effect of the uncertainty regarding a return of economic sanctions.

When the 2015 Iran nuclear deal was agreed, Iran benefited from the lifting of crippling sanctions. However, United States President Donald Trump may soon reimpose these sanctions – or at least some of them.

Trump warned the European signatories of the deal that he would stop issuing waivers on the sanctions if they were unable to fix the numerous flaws it contains. He also called on them to ensure that the Iranian ballistic missile program is addressed – something that Iran managed to keep out of the nuclear deal negotiations by claiming it was a non-nuclear issue.

Iran Focus

London, 29 Mar - One member of the Iranian parliament has claimed that the Iranian people transferred $30 billion out of the country in the last few months of the Persian calendar year, which ended on March 20.

MP Mohammad Reza Pourebrahimi, the head of the economic committee in Iran’s parliament, made this claim during an interview with the state-affiliated ISNA News Agency.

However, Pourebrahimi did not reveal how this had happened. This is an odd situation as, despite the lifting of certain sanctions under the 2015 Iranian nuclear deal, Iranians do not have access to the international banking system. This means that such a transfer can only take place using unconventional methods, like using an exchange dealer or giving your money to an international traveller.

Iran Focus

London, 27 Mar - On Monday, the Iranian rial hit a record low. For the first time, it went past the 50,000 per dollar mark.

Experts are saying that the reason for this is the mounting uncertainty from the United States.

The value of the Iranian rial has dropped by almost a quarter of its value in less than half a year. The gap between that and the official rate – 37,686 as of yesterday – is widening and there is nothing to say it will stop growing.

Iran Focus

London, 16 Mar - An energy company in Iran has just signed a $742 million deal with Russian state-owned energy firm Zarubezhneft to increase production in two oil fields in Western Iran, which is making it pretty obvious why Russia is backing Iran’s malign activities.

At the signing ceremony of this deal, in Tehran on March 14, Iran's Oil Minister Bijan Namadar Zanganeh said: "Increasing the production from these two fields will bring some $4 billion dollars to Iran [over the next few years]".

Search

North Khorasan Province, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Yazd, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Bandar Abbas, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Pasargadae, Iran. May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran-Bandar Lengeh, May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran-Isfahan, May 22, 2018, the Nationwide Strike of Heavy Truck Drivers

Iran,Isfahan, Apr. 10, 2018. Farmers' Protest Rally Continues

Iran,Isfahan, Apr. 10, 2018. Farmers Stage Major Protest Gathering in Khourasgan Square

Iran – the Portrait of Khamenei and Khomeini Was Set on Fire

>

Ahvaz, 29 Mar, Peaceful Demonstration of People Faces With Brutal Clashes by the Security Forces

IRAN, AHVAZ, Mar 27&28 People Clash With Security Agents Who Wanted to Destroy Their Houses

WARNING - VULGAR LANGUAGE March 13 - Tehran, NW #Iran‌ Protesters Celebrating #FireFest and Clashing

Iran: Video Clip, Activists Setting Fire 2 Paramilitary Bassij Center in Lavasan, North Tehran. #Fir

March 13 - Qazvin, NW #Iran‌ Protesters Starting #FireFest, Defying Authorities Banning Such #4Shanb

Iranian Opposition Organises Protest Against Presence of Iranian Justice Minister at UN in Geneva

Iran - Feb 6: Protest by swindled investors of the Caspian investment fund in Rasht

Iran: Kian Tyre factory workers protest overdue wages

Iran Protests- Jan. 5, 2018 City of Tabriz, Protests Inside the Football Stadium

Iran Protests- 5 Jan 2018 - Crowd Chants Slogan Against State Security Forces