AP: Iran once saw the Arab Spring uprisings as a prime opportunity, hoping it would open the door for it to spread its influence in countries whose autocratic leaders long shunned Tehran’s ruling clerics.
Iran’s dreams for influence stymied in Egypt
OPEC leaves oil output ceiling unchanged
AFP: OPEC announced Thursday it was keeping its oil output ceiling unchanged but vowed to eliminate overproduction as it sought to halt falling oil prices amid a weak global economy and eurozone debt crisis.
South Korea limits Iran exports on payment concerns
Reuters: South Korea has imposed curbs on exports to Iran – mainly steel, cars and electronics – to reduce its risk of payment defaults as western sanctions disrupt Iranian oil exports, highlighting the growing risk of doing business with the Islamic Republic.
Japan to pass bill to insure Iran oil imports
Reuters: Japan’s lower house is set to pass a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, making it the first of Iran’s big Asian buyers to find a way to keep the oil flowing in the face of tough new EU sanctions.
Iran: All nuke proposals on table for Moscow talks
AP: Proposals from both Iran and the group of six world powers will be on the table for nuclear talks in Moscow next week, not just the West’s demand to halt Iran’s highest level uranium enrichment, Iran’s top negotiator said Wednesday.
US calls for unity with China on Iran
AFP: The United States called Wednesday for a united front with China against Iran’s nuclear program as it debates whether to slap sanctions on the Asian power over oil purchases from the Islamic republic.
Saudi-Iran rivalries high ahead of OPEC meeting
AP: OPEC ministers are coming into a meeting deeply divided over how much crude to pump, with Saudi Arabia keen to keep a lid on prices, rival Iran pushing to cut production and Iraq expected to back Iran, its longtime foe under Saddam Hussein.
No delay on EU Iran ship insurance ban: Oettinger
Reuters: The European Union will not cancel or delay a July 1 embargo on EU countries providing shipping insurance for Iranian oil tankers, EU Energy Commissioner Guenther Oettinger said at an industry conference on Wednesday.
Russia presses Iran ahead of nuclear talks
AFP: Russian Foreign Minister Sergei Lavrov flew into Iran on Wednesday for a brief visit to discuss upcoming international talks over Tehran’s disputed nuclear programme.
OPEC’s new ground rule? Don’t mention Iran: Campbell
Reuters: It is no exaggeration to say the impact of the pending U.S. and European sanctions against Iran are one of the most taboo subjects at an OPEC meeting in years.


