Iran, the U.S. and the Strait of Hormuz Crisis
The United States reportedly sent a letter to Iran via multiple intermediaries last week warning Tehran that any attempt to close the Strait of Hormuz constituted a red line for Washington. The same week, a chemist associated with Iran's nuclear program was killed in Tehran. In Ankara, Iranian parliamentary speaker Ali Larijani met with Turkish officials and has been floating hints of flexibility in negotiations over Iran's nuclear program.
Azerbaijan may ensure Moldova’s energy interests
"Moldova is clearly aware of Azerbaijan's increasing role as an exporter of energy resources to European countries. Like any other European country, it is also interested in diversifying energy supply sources and ensuring its energy security. In this sense, I see the possibility of implementing various beneficial projects," Moldovan Prime Minister Vladimir Filat said in an interview with Trend on the eve of his official visit to Azerbaijan.
India not seeking Iran oil waiver from U.S.
India is not seeking a waiver from the United States that would protect buyers of Iranian oil from a fresh round of sanctions and New Delhi continues to import from Tehran, Indian Foreign Secretary Ranjan Mathai said on Tuesday.
U.S. futures higher on Chinese, E.Z. data; Dow Jones up 0.77%ech foundry
U.S. stock futures pointed to a sharply higher open on Tuesday, as market sentiment strengthened after better-than-expected Chinese growth data and upbeat economic reports in the euro zone.
Ukrainians and Russians vie for control of key Czech foundry
Ukrainian tycoon Konstantin Zhevago, an MP with imprisoned former PM Yulia Tymoshenko’s party, reportedly needs the ČKD foundry and engineering works in Kutná Hora to save his rolling stock business and is offering Kč 485 million for the bankrupt firm. However, the Russian rolling stock manufacturer Rail Group has put forward an offer of Kč 691 million and a promise to invest Kč 1.8 billion in it.
Tata, Ambani to meet PM over power issues
Top executives from India's major power companies will meet Prime Minister Manmohan Singh on Wednesday to push for swifter action to improve access to coal and make it easier to get funding, acquire land and get environmental clearances.
Asia Report: China, South Korea Leaders at World Energy
Weeks after the end of the U.N. climate talks, international leaders from across the world are meeting again on the world stage to discuss fossil fuels, nuclear energy and the growth of renewables.
Asian oil buyers seek alternatives 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.
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