Gulf's $46 Billion Ports Bring Capacity Seeking Market: Freight - Bloomberg

Gulf's $46 Billion Ports Bring Capacity Seeking Market: Freight
Bloomberg
Yet the complex, built on a man-made island and with an industrial zone two-thirds the size of Singapore, is situated just 25 miles south of Dubai's Jebel Ali, the world's ninth- biggest container port and the busiest outside East Asia.

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S.Korea may limit exports to Iran on payment concerns -sources - Reuters

S.Korea may limit exports to Iran on payment concerns -sources
Reuters
International sanctions have already made it difficult for Iran to repatriate oil payments from South Korea and other countries. The Iranian central bank has accumulated the equivalent of $5-$6 billion in won accounts in South Korea, industry sources ...

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India Said to Deny Local Branch for Iran Bank on U.S. Pressure - Bloomberg


Zee News
India Said to Deny Local Branch for Iran Bank on U.S. Pressure
Bloomberg
India barred an Iranian bank from opening a branch in the country because of US pressure, making it harder for the Persian Gulf state to settle oil trades with its second-biggest crude customer, two people with knowledge of the matter said.
India Said to Deny Local Branch for Iran Bank on US Pressure BusinessWeek
Iranian delegation to visit India for trade talks Zee News

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Baghdad Talks May Yield Progress on Iranian Nuclear Dispute - Daily Beast


Daily Beast
Baghdad Talks May Yield Progress on Iranian Nuclear Dispute
Daily Beast
Halting the costly sanctions against Iran's central bank and its ability to sell oil—set to take place in July—will not be on the table. Iran wants all sanctions lifted, but that won't happen unless the country fulfills the UN's demand for a complete ...
West shifts stance on Iranian sanctions Financial Times
Iran signals wider UN access as nuclear talks loom WSET
Ros-Lehtinen says House will push for tougher Iran sanctions bill with Senate The Hill (blog)
Times.am - WGME - The American (blog)
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Singapore Stocks-May see weak start - Reuters

Singapore Stocks-May see weak start
Reuters
... exit fears > Gold lower but recovers some ground > Oil drops on Iran talks, brimming US supply Stocks and factors to watch: -- UNITED OVERSEAS BANK LTD - United Overseas Bank said it has established a HK$30 billion certificate of deposit programme.
Singapore Stocks-May fall; China Animal, Swee Hong eyed Reuters UK

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India and Pakistan sign gas deal - Financial Times


The Nation, Pakistan
India and Pakistan sign gas deal
Financial Times
The US has threatened to start sanctions from July against foreign banks that facilitate the purchase of Iranian oil, adding pressure on Asian countries, including India, China, Japan and South Korea, to seek alternative supplies of oil.
Afghan conflict clouds TAPI prospects UPI.com
Turkmenistan signs first contracts for Asia pipeline New York Daily News
Deal signed on TAPI natural gas pipeline United Press International, Asia

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Japan bank freezes Iran accounts after court order - AsiaOne


AsiaOne
Japan bank freezes Iran accounts after court order
AsiaOne
TOKYO - A Japanese bank has halted transactions by the Iranian government after a US court ordered a US$2.6 billion (S$3.3 billion) asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said Thursday. "We have received the order ...

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Oil slips to near $92 as dollar gains on euro, yen - Live 5 News


CBC.ca
Oil slips to near $92 as dollar gains on euro, yen
Live 5 News
s fiscal first-quarter profit dropped 26 percent on restructuring charges as the struggling electronics retailer began implementing its turnaround plan. Its adjusted earnings and revenue both topped Wall...More >> Best Buy Co. said Tuesday that its ...
Oil settles below 90 dollars EastDay.com
KEYC - Mankato News, Weather, Sports -Oil near 2012 low, closes at $91.66 KEYC TV
Oil prices recover on Middle East supply concern DAWN.com

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Iran accepts renminbi for crude oil - Financial Times


Financial Times
Iran accepts renminbi for crude oil
Financial Times
Zhuhai Zhenrong, for example, pays Iran for its oil by providing services such as drilling, these people add. “The global financial crisis accelerated the shift from the west to the east,” said the chief executive of one bank in Dubai.

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South African Crude Imports From Iran Almost Double in March - BusinessWeek


Fars News Agency
South African Crude Imports From Iran Almost Double in March
BusinessWeek
South Africa imported no crude from Iran in January, and imports totaled 2.8 billion rand in February. Imports amounted to 1.73 billion rand in March last year. US President Barack Obama signed a law on Dec. 31 that denies foreign banks that do ...
Official Rejects Reports on Reduction of Chinese Crude Imports from Iran Fars News Agency

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