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Tag Archives: Iran

UN nuclear chief: Iran must honor deal ‘for many years’

UN nuclear chief: Iran must honor deal 'for many years'

VIENNA (AP) — The head of the U.N. nuclear agency suggests that Iran’s initial compliance with an atomic deal is only a first step, saying Tehran must continue to honor its commitments in the years ahead. International Atomic Energy Agency chief Yukiya Amano spoke Monday at the opening of the organization’s 35-nation board meeting. The IAEA is monitoring Iran’s compliance ...

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Global stocks gain as oil price extends recover

SEOUL, South Korea (AP) — Global stocks mostly posted strong gains on Thursday as a rebound in the price of oil and solid U.S. manufacturing data boosted investor sentiment. KEEPING SCORE: In Europe, Germany’s DAX was up 1.6 percent to 9,522.40 and France’s CAC 40 traded 0.8 percent higher at 4,266.89. But Britain’s FTSE 100 edged down 0.3 percent to ...

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Iran to boost oil output by 500,000 barrels

Iran map

TEHRAN, Iran — Iran is aiming to increase its oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with world powers, a top official said. In comments posted on the Oil Ministry’s website Monday, Deputy Oil Minister Roknoddin Javadi said Iran is determined to retake its share of the oil market, ...

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Iran to boost oil exports after sanctions are lifted

TEHRAN, Iran — Iran says it will export an additional 500,000 barrels of oil a day in a bid to reclaim its market share after sanctions are lifted under a landmark nuclear deal. Oil Minister Bijan Zanganeh told reporters Tuesday that the increase is part of Iran’s plan to double its crude oil exports as sanctions are lifted, which officials ...

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