US - Iran Flare Up
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"Nuclear Deal Possible Within Days If Iran...": US
The United States said Thursday that "substantial progress" during negotiations in Vienna to save the Iran nuclear deal had been made, deeming an agreement possible within days "if Iran shows seriousness" on the matter.
www.ndtv.com
Exclusive: Iran nuclear deal draft puts prisoners, enrichment, cash first, oil comes later - diplomats
A U.S.-Iranian deal taking shape to revive Iran's 2015 nuclear agreement with world powers lays out phases of mutual steps to bring both sides back into full compliance, and the first does not include waivers on oil sanctions, diplomats say.
After years in jail, Nazanin Zaghari-Ratcliffe returns to Britain
While Paddy's busy boasting out here on UK's capabilities , venting his frustration on the Russkies , Iran grabbed the UK by it's balls ( non existent ) once again & shoved a deal down it's throat. Here's how BJ , HMG & a pliant domestic media try to sell it , Paddy.
It's absolutely pathetic how far the UK has fallen in terms of it's own capabilities & self esteem ( extremely doubtful ) apart from the esteem of other nations particularly ex colonies ( of which Iran is one ) across the years .
@BMD
While Paddy's busy boasting out here on UK's capabilities , venting his frustration on the Russkies , Iran grabbed the UK by it's balls ( non existent ) once again & shoved a deal down it's throat. Here's how BJ , HMG & a pliant domestic media try to sell it , Paddy.
It's absolutely pathetic how far the UK has fallen in terms of it's own capabilities & self esteem ( extremely doubtful ) apart from the esteem of other nations particularly ex colonies ( of which Iran is one ) across the years .
@BMD
… after US seized Iranian crude from Russian tanker arrested in Greece,
Two laden Greek tankers seized by Iranian forces
Suezmaxes Delta Poseidon and Prudent Warrior boarded in the Middle East Gulf and escorted to Iranian anchorage
(Lloyd’sList, may27)
Incidents emerge on Friday amid spat between Tehran and Athens over US seizure of Iranian oil cargo off Russian tanker held in Greek port
TWO GREEK oil tankers have been boarded in international waters by Iranian military personnel while navigating through the Middle East Gulf.
Industry sources confirmed that in two seemingly similar operations the suezmaxes Delta Poseidon (IMO: 9468671) and Prudent Warrior (IMO: 9753545), both under Greek flag, were approached by Iranian helicopters on Friday afternoon.
They were both boarded by military personnel and later escorted by naval vessels from international traffic lanes to Iranian waters a few miles off the coast.
A spokesperson at Polembros Shipping in Greece, the manager of the 2017-built Prudent Warrior, said the company had lost communication with the vessel. It had a crew of 24 Greeks and Filipinos on board.
Polembros has since learned from other Greek vessels in the vicinity that the tanker is now at an anchorage about 11 miles off the Iranian coast, he said.
The vessel had loaded at Basrah, Iraq, and is carrying an oil cargo for the US.
Delta Poseidon had also loaded at the same Iraqi port.
According to Lloyd’s List Intelligence, its destination was Agioi Theodoroi near Corinth and the cargo is understood to be for the Motor Oil refinery located there.
Delta Poseidon, which has a crew of 25 on board, is part of the fleet of Greece-based Delta Tankers. The company has been approached for comment.
Greece’s shipping ministry has been informed of the incidents.
The incidents occur at the end of a week that saw the US seize a cargo of Iranian crude oil from a Russian tanker held in Greece.
Tehran decried the move as “international robbery.”
According to state news agency Irna, Iran’s foreign ministry summoned the chargé d’affaires of the Greek embassy in Tehran to protest the move, calling it “a clear act of piracy”.
Iran has also protested to the envoy of Switzerland in Tehran, which represents US interests there, over the seizure in Greece of the cargo from the aframax Lana (IMO: 9256860), formerly named Pegas.
One industry source told Lloyd’s List: “we have to wait and see what the Iranians want but everyone, including security forces in the region, think this is a case of tit-for-tat.”
https://lloydslist.maritimeintellig...-laden-Greek-tankers-seized-by-Iranian-forces
(i’d say: situation normal, business as usual)
Two laden Greek tankers seized by Iranian forces
Suezmaxes Delta Poseidon and Prudent Warrior boarded in the Middle East Gulf and escorted to Iranian anchorage
(Lloyd’sList, may27)
Incidents emerge on Friday amid spat between Tehran and Athens over US seizure of Iranian oil cargo off Russian tanker held in Greek port
TWO GREEK oil tankers have been boarded in international waters by Iranian military personnel while navigating through the Middle East Gulf.
Industry sources confirmed that in two seemingly similar operations the suezmaxes Delta Poseidon (IMO: 9468671) and Prudent Warrior (IMO: 9753545), both under Greek flag, were approached by Iranian helicopters on Friday afternoon.
They were both boarded by military personnel and later escorted by naval vessels from international traffic lanes to Iranian waters a few miles off the coast.
A spokesperson at Polembros Shipping in Greece, the manager of the 2017-built Prudent Warrior, said the company had lost communication with the vessel. It had a crew of 24 Greeks and Filipinos on board.
Polembros has since learned from other Greek vessels in the vicinity that the tanker is now at an anchorage about 11 miles off the Iranian coast, he said.
The vessel had loaded at Basrah, Iraq, and is carrying an oil cargo for the US.
Delta Poseidon had also loaded at the same Iraqi port.
According to Lloyd’s List Intelligence, its destination was Agioi Theodoroi near Corinth and the cargo is understood to be for the Motor Oil refinery located there.
Delta Poseidon, which has a crew of 25 on board, is part of the fleet of Greece-based Delta Tankers. The company has been approached for comment.
Greece’s shipping ministry has been informed of the incidents.
The incidents occur at the end of a week that saw the US seize a cargo of Iranian crude oil from a Russian tanker held in Greece.
Tehran decried the move as “international robbery.”
According to state news agency Irna, Iran’s foreign ministry summoned the chargé d’affaires of the Greek embassy in Tehran to protest the move, calling it “a clear act of piracy”.
Iran has also protested to the envoy of Switzerland in Tehran, which represents US interests there, over the seizure in Greece of the cargo from the aframax Lana (IMO: 9256860), formerly named Pegas.
One industry source told Lloyd’s List: “we have to wait and see what the Iranians want but everyone, including security forces in the region, think this is a case of tit-for-tat.”
https://lloydslist.maritimeintellig...-laden-Greek-tankers-seized-by-Iranian-forces
(i’d say: situation normal, business as usual)
(Bloomberg, jun.05, comments from an independent crude oil trader) [with bad news for JCPOA2]
US May Allow More Iran Oil to Flow Even Without Deal, Says Vitol
Vitol: Washington might turn ‘blind eye’ to help lower prices
Market opinions on direction of oil have ‘never been wider’
The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord*, according to the biggest independent crude trader.
While a new agreement would limit Iran’s atomic activities and ease US sanctions on its energy exports, talks between Tehran and world powers have stalled since March. Oil traders are increasingly pessimistic that negotiators will strike a deal.
Still, US President Joe Biden could decide that the need to bring down record-high pump prices ahead of November’s midterm elections outweighs the benefit of strictly enforcing sanctions, including by seizing more Iranian oil tankers.
“Uncle Sam might just allow a little bit more of that oil to flow,” Mike Muller, head of Asia at Vitol Group, said Sunday on a podcast produced by Dubai-based Gulf Intelligence. “If the midterms are dominated by the need to get gas prices lower in America, turning a somewhat greater blind eye to the sanctioned barrels flowing out is probably something you might expect to see. US intervention in these flows has always been pretty sparse.”[1]
The US confiscated oil from an Iranian-flagged vessel off Greece last month, which was followed days later by Tehran detaining two Greek tankers in the Persian Gulf. But Washington’s move is unlikely to signal the start of more tanker seizures by the US, according to Muller.
Iran has raised oil exports this year, most of them ending up in China. A new nuclear deal would lead to an additional 500,000 to 1 million barrels per day coming on to international markets, enough to weigh on prices, according to energy analysts. The Islamic Republic also has around 100 million barrels of oil in storage that could be sold down quickly.
Crude prices have soared more than 50% this year to almost $120 a barrel, mostly because of the fallout of Russia’s invasion of Ukraine. While many Republicans and some Democrats oppose any lifting of Iranian sanctions, Biden is under plenty of pressure to lower gasoline prices, which have shot up to an average of more than $4.80 per gallon in the US.
Never Been Wider
There’s little consensus about the direction of oil prices, according to Vitol, which traded 7.6 million barrels of crude and refined products a day in 2021. While supplies are tight, Washington’s release of strategic reserves is helping balance the market.
Thursday’s decision by OPEC+ -- a 23-nation group of producers led by Saudi Arabia and Russia -- to accelerate output increases is unlikely to have much impact, Muller said. That’s because many members will struggle to pump more[2] and Moscow’s exports could drop due to sanctions over the war in Ukraine.
“The range of expert opinion out there has never been wider,” said Muller, who’s based in Singapore. “There are people who think the market’s going to $135-$140 a barrel. And there are people who think we’re going below $100 again.”
Two Worlds
There’s also a dichotomy emerging between richer and poorer countries, he said. Some in Asia such as Malaysia and Singapore are experiencing a demand rebound as coronavirus lockdowns ease. Others including Pakistan and Sri Lanka, which has defaulted on international bonds and is struggling to pay for fuel imports, are experiencing demand destruction.
“It’s a tale of two worlds,” Muller said. “The affluent world is going to have their holidays and burn jet fuel. But the impact elsewhere is a lot more profound. The divide between the prosperous and the countries that have a lower ability to pay for commodities is becoming extremely stark.”
Bloomberg - Are you a robot?
[1] Depends if it flows to Syria, or to China…
[2] It is not just a question of reserves. To "replace" the Russian oil that has disappeared from the markets, new infrastructures must be built.
US May Allow More Iran Oil to Flow Even Without Deal, Says Vitol
Vitol: Washington might turn ‘blind eye’ to help lower prices
Market opinions on direction of oil have ‘never been wider’
The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord*, according to the biggest independent crude trader.
While a new agreement would limit Iran’s atomic activities and ease US sanctions on its energy exports, talks between Tehran and world powers have stalled since March. Oil traders are increasingly pessimistic that negotiators will strike a deal.
Still, US President Joe Biden could decide that the need to bring down record-high pump prices ahead of November’s midterm elections outweighs the benefit of strictly enforcing sanctions, including by seizing more Iranian oil tankers.
“Uncle Sam might just allow a little bit more of that oil to flow,” Mike Muller, head of Asia at Vitol Group, said Sunday on a podcast produced by Dubai-based Gulf Intelligence. “If the midterms are dominated by the need to get gas prices lower in America, turning a somewhat greater blind eye to the sanctioned barrels flowing out is probably something you might expect to see. US intervention in these flows has always been pretty sparse.”[1]
The US confiscated oil from an Iranian-flagged vessel off Greece last month, which was followed days later by Tehran detaining two Greek tankers in the Persian Gulf. But Washington’s move is unlikely to signal the start of more tanker seizures by the US, according to Muller.
Iran has raised oil exports this year, most of them ending up in China. A new nuclear deal would lead to an additional 500,000 to 1 million barrels per day coming on to international markets, enough to weigh on prices, according to energy analysts. The Islamic Republic also has around 100 million barrels of oil in storage that could be sold down quickly.
Crude prices have soared more than 50% this year to almost $120 a barrel, mostly because of the fallout of Russia’s invasion of Ukraine. While many Republicans and some Democrats oppose any lifting of Iranian sanctions, Biden is under plenty of pressure to lower gasoline prices, which have shot up to an average of more than $4.80 per gallon in the US.
Never Been Wider
There’s little consensus about the direction of oil prices, according to Vitol, which traded 7.6 million barrels of crude and refined products a day in 2021. While supplies are tight, Washington’s release of strategic reserves is helping balance the market.
Thursday’s decision by OPEC+ -- a 23-nation group of producers led by Saudi Arabia and Russia -- to accelerate output increases is unlikely to have much impact, Muller said. That’s because many members will struggle to pump more[2] and Moscow’s exports could drop due to sanctions over the war in Ukraine.
“The range of expert opinion out there has never been wider,” said Muller, who’s based in Singapore. “There are people who think the market’s going to $135-$140 a barrel. And there are people who think we’re going below $100 again.”
Two Worlds
There’s also a dichotomy emerging between richer and poorer countries, he said. Some in Asia such as Malaysia and Singapore are experiencing a demand rebound as coronavirus lockdowns ease. Others including Pakistan and Sri Lanka, which has defaulted on international bonds and is struggling to pay for fuel imports, are experiencing demand destruction.
“It’s a tale of two worlds,” Muller said. “The affluent world is going to have their holidays and burn jet fuel. But the impact elsewhere is a lot more profound. The divide between the prosperous and the countries that have a lower ability to pay for commodities is becoming extremely stark.”
Bloomberg - Are you a robot?
[1] Depends if it flows to Syria, or to China…
[2] It is not just a question of reserves. To "replace" the Russian oil that has disappeared from the markets, new infrastructures must be built.
and thats going to piss off saudi's, guess what oil prices will never down. The oil producers will make as much money as they want now to make up for future slow down.
A disgruntled turd stabbed Rushdie.
www.yahoo.com
Author Salman Rushdie attacked at New York event
The 75-year-old was attacked on stage at the Chautauqua Institution in western New York on Friday morning.
A disgruntled turd stabbed Rushdie.
Author Salman Rushdie attacked at New York event
The 75-year-old was attacked on stage at the Chautauqua Institution in western New York on Friday morning.
Salman Rushdie attack suspect: What investigators are saying
Law enforcement officials briefed on the investigation into Salman Rushdie's attack told ABC News that "a preliminary investigation into the suspected perpetrator's probable social media presence indicates a likely adherence or sympathy towards Shi'a extremism and sympathies to the Iranian...
Are "The Satanic Verses" still forbidden in India?
Salman Rushdie attack suspect: What investigators are saying
Law enforcement officials briefed on the investigation into Salman Rushdie's attack told ABC News that "a preliminary investigation into the suspected perpetrator's probable social media presence indicates a likely adherence or sympathy towards Shi'a extremism and sympathies to the Iranian...
Nobody Cares about The Book called Satanic Verses
Because Everything that is Said and Written about NON MUSLIMS ,either in Quran or By Muslim leaders is Easily available on the Internet
Satanic verses was Written when there was No Internet
Still banned.
The Satanic Verses: Why Salman Rushdie's controversial novel is banned in India
K Natwar Singh, who was a Union minister in the Rajiv Gandhi government that banned The Satanic Verses, strongly defended the decision on Saturday, following the attack on Rushdie, asserting that it was taken "purely" for law and order reasons
www.freepressjournal.in
I guess they have a lot of people there who would happily cause a ruckus if they found something they disagreed with.Still banned.
The Satanic Verses: Why Salman Rushdie's controversial novel is banned in India
K Natwar Singh, who was a Union minister in the Rajiv Gandhi government that banned The Satanic Verses, strongly defended the decision on Saturday, following the attack on Rushdie, asserting that it was taken "purely" for law and order reasons
All this is part of the US Iran flare up ? How many gallons of Guinness down at 2:30 in the afternoon you fool ? Why don't you make yourself more productive ? Go take your quarterly bath will you . It's long overdue & you stink more than your views out here.
India was the "first" country to ban the book that hurt feelings of lot of illiterate ppl who had never read .........any....err ... I mean that book.
That sounds about right. "I can't read, but that noisy guy in Iran said that the book is bad, so I hate it."