(Reuters) – Essar Group, a $39 billion Indian conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to Tehran, in a novel attempt to work around Western financial sanctions against the OPEC member state.
A simple guide to the sudden collapse in oil prices
Source: The washington Post
The news in the markets is dramatic: Prices for West Texas Intermediate crude oil — often used as a benchmark of U.S. prices — dropped below $70 per barrel for the first time since 2010. This continues a dramatic price slump for oil, which cost over $100 per barrel as recently as June.
Iran plots to torture Camp Liberty refugees in Iraq
Iran is to send undercover agents to Camp Liberty disguised as family members of Iranian opposition movement, the People’s Mojahedin Organization (PMOI/MEK), in a smear campaign against the dissidents in Iraq, according to the National Council of Resistance of Iran (NCRI).
The regime has tasked the Nejat Association, a branch of Ministry of Intelligence and Security, to dispatch agents to the camp in Iraq, the group said based on the information obtained from inside Iran.
OPEC heading for no output cut despite oil price plunge
Source: Reuters
OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June.
IAEA says needs more money to monitor extended Iran nuclear deal
Source: Reuters
The UN atomic agency will need more funds from member states to help pay for its monitoring of an extended interim nuclear deal between Iran and six world powers, it said on Wednesday.
The Women Of Iran Can Bring About Change–If Not Suppressed
Source: Forbes.com
By: Amir Basiri, Guest writer
In Iran, a recent spate of acid attacks against women and the execution of a young woman charged with murdering her alleged rapist have turned the spotlight on the issue of women’s rights in the country.
Sen. Mark Kirk: ‘We’re Getting Played’ in Iran Nuclear Talks
Source: News Max
Secretary of State John Kerry has come under fire from both sides of the Senate for his handling of the nuclear talks with Iran, after it was announced that there would be another extension to the delicate negotiations.
Some fund managers see oil falling to $60 without OPEC cut
Source: Ruters
LONDON – Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna this week.
US tells Iran to consider extending nuclear talks
Source: Fox news
U.S. Secretary of State John Kerry reportedly has proposed extending talks about the future of Iran’s nuclear program past a Monday evening deadline to reach a comprehensive agreement on the issue.
In Iran Talks, U.S. Seeks to Prevent a Covert Weapon
Source: The New York Times
VIENNA — Behind the efforts to close a nuclear deal with Iran this weekend lies a delicate question that has been little discussed in public: how to design an agreement to maximize the chances that Western intelligence agencies would catch any effort to develop an atomic bomb at a covert site.
