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News
Asian oil buyers in ME as Iran crisis grows
Iran's biggest oil customers from across Asia are flocking to alternative Middle East suppliers this month under renewed US pressure to stop buying Iranian crude and unprecedented tension over Tehran's nuclear programme.
News
Russia warns US over Iran oil sanctions
Russia has warned the US that moves to tighten sanctions on Iran would be perceived as an attempt at "regime change", as Tehran appeared to express readiness to return to negotiations and allow UN monitors to inspect its nuclear facilities.
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Japan to reduce oil imports from Iran in line with US
Japan gave a boost Thursday to the U.S. campaign to sanction Iran over its nuclear program, pledging to buy less Iranian oil, a day after China reacted coolly to the U.S. effort.
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U.S., EU Condemn Iran Nuclear Work
The United States, France, Britain, and Germany have condemned Iran's decision to start enriching uranium at an underground facility after a closed-door meeting of the UN Security Council.
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Azerbaijan Steps Up Cooperation With NATO
Does this apparent inconsistency reflect diverging priorities within the upper echelons of the country's leadership? Or are both moves part of a complex and far-reaching strategy focused on winning back control over Nagorno-Karabakh?
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Latvia's foreign policy to focus on EU in 2012
"Latvia is interested in overcoming the crisis in the EU and the development of united and strong Europe and national states. Therefore the country must continue to implement its measures – responsible economic and fiscal policies, and be able to quickly react to potentially changeable situations, for example – Lisbon Treaty amendments," states the report.
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Kuwait, Saudi Arabia not to supply oil to Pakistan on long
Kuwait and Saudi Arabia have turned down Pakistan's request to supply oil on long-term credit despite the rhetoric of long-standing and brotherly ties between the countries, according to a media report today.
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Russia-Japan LNG deal imminent
Japan and Russia likely will reach a broad agreement as early as this month on business plans for a liquefied natural gas plant project in Vladivostok, sources have said.
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