Iran and major powers gave themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accused the West of throwing up new stumbling blocks to a deal.
Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.
French Foreign Minister Laurent Fabius says three sticking points in the ongoing negotiations between Iran and the P5+1 group of countries are blocking a final nuclear deal.
Anglo-Swiss commodity trader Glencore is the latest European energy entity to send its executives to Tehran in search of business opportunities amid hopes of a nuclear deal with Iran, a Thursday report said.
Russia’s Gazprom has announced its interest in Iran’s liquefied national gas (LNG) projects after an official said Tehran planned to revive them which are suspended under sanctions.
Total said on Wednesday it had pulled out of the Shtokman natural gas project in the Barents Sea, with development of one of the world’s largest untouched gas fields apparently falling victim to Western sanctions in ...