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US, Iran Deal to Drop Sanctions May Prove Unattainable

Simply put, to remove all the sanctions, the Biden administration would have to reverse the terrorist designation of Iran which date back to the Carter administration.

Iranian Oil Tanker Hit by Rockets Off Saudi Shore

The rocket attack comes after Saudi Arabia’s oil supply came under an attack by drones and cruise missiles on September 14, cutting in half the Saudi oil production.

India Oil Firm Cancels Imports from Iran

The company is ending the relationship in order to keep its insurance coverage once new sanctions against Iran by the United States take effect.

Israel Refuses to Pay $1.1 Billion Swiss Court Award to Iran

Israel rejects a Swiss court decision granting $1.1 billion to Iran after an oil deal went sour after the Islamic Revolution.

Israel Ordered to Pay $1.1 Billion to Iran Over Oil

Israel has been ordered by a Swiss national court to pay Iran $1.1 billion in a long-standing legal battle involving oil.

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