EU foreign ministers meeting in Brussels are hoping to deescalate tensions between the US and Iran. Britain’s top diplomat says there’s still a “small window” of time to keep the 2015 nuclear deal alive. British...
It is far from clear that the US sanctions against nine Iranian officials, with the foreign minister to be added later brings negotiations any closer. At the same time, US officials trying to keep expectations...
India and Russia have announced a major arms deal, violating US sanctions. Energy sector sources also say New Delhi will purchase 9 million barrels of Iranian oil. Both moves will test India’s relations with the...
The Trump administration is reimposing the first tranche of sanctions on Iran, isolating Washington as much as Tehran. A second round of US sanctions in November will target Iran’s energy sector. The first round of...
The EU has drafted business safeguards to salvage the Iran nuclear deal, including prohibiting firms from complying with US sanctions and sending money to Iran’s central bank. Experts doubt such efforts will be enough. The...
Oil prices have jumped to levels last seen in 2014, after the United States decided to re-impose sanctions on Iran, threatening to tighten global oil markets and likely to derail billions of dollars in business...
Tehran will not participate in an output cap agreement to stabilize oil prices, said Iran’s oil minister. Analysts warned that OPEC’s failure to strike a deal could have a severe impact on oil markets. Qatar’s...
Iran has enormous pent-up demand for modernization of its infrastructure. Roads, water and power lines as well as housing badly need to be upgraded. But it’s an opportunity for foreign investors. Especially from Germany. In...
“Iranians are just like the Israelis, very entrepreneurial”, says Parsha Ghaffari CEO and founder of an Artificial Intelligence startup, Aylien. Parsha Ghaffari, an Iranian youth who launched his startup venture in Ireland represents the youth...
Solving the Arab Food Security Rider By 2020 the Gulf Co-operation Council (GCC) countries would have to feed 50 million more stomachs and spend over $53 bn on the food import bill, according to an...
West Asia, which includes the Gulf Co-operation Council (Saudi Arabia, UAE, Kuwait, Oman, Qatar, and Bahrain) and other key regional players like Iraq and Iran is undergoing unprecedented changes. The international press has been very...
A nuclear deal has been struck just months after Iran elected President Hassan Rowhani, seen as a relative moderate, replaced the hard-line Mahmoud Ahmadinejad. After four days of negotiations in Geneva, representatives of the P5+1...
