Bloomberg cites Iran’s ISNA news agency who says the accord runs until November. Iran is involved in nuclear negotiations with the global powers.
US Secretary of State John Kerry says he’s open to working with Iran to defeat rebels in Iraq and wouldn’t rule out military cooperation.
Iran has deployed Revolutionary Guard forces to fight al Qaeda-inspired militants that have overrun a string of Iraqi cities, the WSJ reports. They say two battalions of elite forces have been deployed and are working with Iraqi forces. They have … Continue reading
REUTERS- Iran has signed a deal to sell Iraq arms and ammunition worth $195 million, according to documents seen by Reuters news agency — a move that would break a U.N. embargo on weapons sales by Iran. Agreement was reached … Continue reading
The commander of Iran’s Northern Navy Fleet, Admiral Afshin Rezayee Haddad said on Saturday that Iranian warships dispatched to the Atlantic Ocean will travel close to U.S. maritime borders for the first time. The fleet, consisting of a destroyer and … Continue reading
Just a heads up to you black gold traders. The shipping ban will be lifted but will only apply to crude oil not petroleum products. The EU ban on importing Iranian oil is still in place. The loosening of the … Continue reading
US made great progress in G20 on currencies China made real progress on currencies Treasury committed to enforcing Iran sanctions While Jack Lew is still testifying another treasury official is out saying that the US is very actively dissuading oil … Continue reading
The Iranian oil minister, Bijan Zanganeh has wasted no time on the back of the nuclear talks and possible lifting of sanctions. He’s dusted down his best suit and has been out courting investors for Iran’s energy industry. As usual … Continue reading
Forex headlines for November 25, 2013: Pending home sales -2.2% vs -1.0% expected Dallas Fed manufacturing +1.9 vs +5.0 expected November US Markit services PMI flash 57.1 vs 49.3 prior SNB’s Jordan says from today’s view there is no reason … Continue reading
Gold touched a four-month low of $1225 but has bounced back to nearly unchanged at $1240 as the kneejerk from an Iran nuclear deal fades. A non-nuclear Iran would diminish tail risks in the global economy and reduce the demand … Continue reading