UPI: The Iranian Oil Ministry said the private sector can now sell as much as 400,000 barrels of oil per day on the international market to get around sanctions.
Iran busts sanctions with private oil sale
Iran working on nuclear warhead, opposition group tells Die Welt
Bloomberg: Iran is pursuing work on a nuclear warhead, Die Welt said, citing a report by the People’s Mujahadeen and a member of the opposition group.
Japan considering government insurance for Iran crude, IOD says
Bloomberg: Japan’s government may insure the nation’s tankers that are unable to obtain coverage for shipments of Iranian crude because of European Union sanctions, the International Oil Daily reported.
Jailed Iranian pastor Youcef Nadarkhani writes thank you letter to supporters from prison
Fox News: The Christian pastor on death row in Iran has reportedly written a letter thanking his supporters and blasting those who he said use “insulting words” against Islam in what he considers a misguided effort to help his cause.
Iran aims to export electricity to India
UPI: With renewed investments in green energy technology, Tehran is well suited to export electricity to India, the Iranian energy minister said.
US official doubts Iran can find alternative to cenbank
Reuters: A top U.S. Treasury official said on Thursday that he was skeptical that Iran could find an alternative payment system to its central bank, which is the target of U.S. sanctions aimed at depriving Tehran of funds needed to develop its nuclear program.
London troubled by Iranian rights record
UPI: A nine-year prison sentence for an Iranian human rights lawyer is a sign the government is consistently repressing its people, a British official said.
EU to review Iran oil embargo, shipping insurance ban in June – diplomats
Wall Street Journal: The European Union will carry out its planned review of its oil embargo on Iran in June, EU diplomats said Thursday.
Iran finds ‘vast’ crude oil reserves in Caspian Sea, Mehr says
Bloomberg: Iran discovered “vast” crude oil reserves in the Caspian Sea, the state-run Mehr news agency reported, without citing anyone.
Essar refinery in India makes preliminary booking of Iran crude
Bloomberg: Essar Oil Ltd. (ESOIL), the operator of India’s second-largest non-state refinery, provisionally hired a crude tanker to load from the Iranian port of Kharg Island, shipping data show.
