October 20, 2017
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October 19, 2017

National Iranian Oil Company (NIOC) subsidiary companies and Italy's Ansaldo Energia signed MoU to turn gas flare into electricity.

The MoU was sealed"...

Iran pours more money into national development fund
October 19, 2017

The Iranian government plans to make the National Development Fund larger, according to spokesman Mohammad Baqer Nobakht.

'This year (Iranian fiscal year to end March 20), 30 percent of revenues will go into the National Development Fund,' Nobakht told a press conference October 17.

In the week to October 6, Iran’s light crude settled down $1.69 at $55.31 per barrel"...

Norway's Saga Energy sign $2.9bn solar power deal with Iran’s Amin Energy
October 19, 2017

Norway’s solar installer Saga Energy has reportedly signed €2.5bn ($2.9bn) agreement with Iran’s state-owned Amin Energy Developers for the installation of 2GW of solar capacity in Iran.

The preliminary agreement involves construction of 2GW power generation capacity over a four- to five-year period.

Saga Energy spokesman Rune Haaland was reported by Reuters"...

Iraq, Iran tensions boost oil buyers’ appetite, demand
October 19, 2017

Oil prices will be buoyed by continued regional tensions and conflicts. FXTM Vice President of Market Research Jameel Ahmad comments on the oil benefits from the Iraq conflict.

Oil benefits from Iraq conflict, US Iran tensions

WTI Crude Oil is attempting to maintain itself above $50, with traders encouraged to enter buying positions following the news of a conflict in Iraq."...

October 19, 2017

On Friday, US President Donald Trump initiated an important change in US policy toward Iran.

No, in his speech decertifying Iran’s compliance with the nuclear accord it struck with his predecessor Barack Obama, Trump didn’t announce a new strategy for preventing Iran from acquiring nuclear weapons, or stemming its hegemonic rise in the Middle East, or limiting its ability to sponsor terrorism.

Trump’s move was not operational."...

FOI Requests Over Iran Deal and the Role of IRGC
October 19, 2017

A Conservative organisation in the US has sent out Freedom of Information (FOI) Requests to four key agencies to uncover the truth about the 2015 nuclear deal.

In this new request, the American Center for Law & Justice (ACLJ), is asking the State Department, the Department of the Treasury, the National Security Agency (NSA), and the Office of the Director of National Intelligence (ODNI) to provide all of the information surrounding Iran Air’s"...