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Iran turns down Russia’s mediation offer with US

- Iran says it will consider offers of talks with US if Washington returns to the 2015 Iran nuclear deal and lifts sanctions

home > Eurasia, Americas, Middle East-Africa 08.09.2020 10:52

Iran turns down Russia’s mediation offer with US

Iran has turned down an offer from Russia to mediate between Tehran and Washington, ruling out the possibility of negotiations with the US administration.

Addressing a weekly press conference in Tehran on Monday, Iran’s foreign ministry spokesman Saeed Khatibzadeh said Iran is “doubtful” about the US intention.

“We have no doubt about the intention of our friends (in Russia),” Khatibzadeh said, “but what is doubtful is the US intention.”

Last week, Russian Foreign Minister Sergie Lavrov proposed to mediate between the two adversaries amid escalation of tensions in the wake of US push to reinstate sanctions on Iran.

“If both countries are interested, we are ready to hold talks with the two sides to pave the ground for direct talks,” he said in Moscow.

“We think it’s better to directly address differences and issues.”

In response to the Russian offer, the Iranian president’s chief of staff, Mahmoud Vaezi, dismissed the possibility of direct negotiations with Washington.

“We have no intention of negotiating with Americans as we have already made it clear,” Vaezi said on Friday, adding that many countries have come forward with the offer of mediation.

The tensions between Tehran and Washington have seen a dangerous escalation in recent months, with the Persian Gulf region turning into a battlefield of sorts.

Iran has maintained that it will consider the offers of talks with the US administration if Washington returns to the 2015 Iran nuclear deal and lifts sanctions on Iran.

“We have no problem (with negotiations),” Iranian President Hassan Rouhani said on June 24. “They (Americans) are the ones who broke the table”.

The US government had announced unilateral withdrawal from the nuclear deal in May 2018, followed by the reinstatement of sanctions.

In recent weeks, the US has upped the ante, seeking the return of all pre-2015 sanctions on Iran, after the UN Security Council declined to extend an arms embargo on Tehran.

US Secretary of State Mike Pompeo has said the US would enforce sweeping sanctions on Iran as part of the “maximum pressure” campaign, despite the UN Security Council’s refusal.

Reporting by Syed Zafar Mehdi in Tehran

Writing by Mahmoud Barakat

Anadolu Agency

energy@aa.com.tr


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13.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over reemergence of virus in China

- Increasing number of US oil rigs also weighs on prices, signaling greater short-term output and raising supply glut concerns
11.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

TurkStream celebrates first anniversary of its launch

- Since start of TurkStream's operation, Gazprom has increased throughput of pipeline by 2.2 times, Alexey Miller says
08.01.2021 Natural Gas , Energy Security , International Relations , Energy Projects , Eurasia

Oil prices up over 4% for week ending Jan. 8

- Surprise Saudi output cut at OPEC+ meeting and increasing rates of Asian shares are main reasons for driving prices up
09.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Iran to uphold right to regain lost oil market share

- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up still buoyed by OPEC+ output cut

- OPEC+ decision to cut output by more than expected in February and March relieves markets from low demand amid lockdowns
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up on inventory fall, protests in US

- Commercial crude oil stocks decrease by 8 million barrels against market expectation of 1.5-million barrel fall
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil supplies via BTC p/line buoyant despite lockdowns

- However, oil pipeline deliveries of 210.7 million barrels in 2020 marks 9.6% fall compared to 2019
07.01.2021 Oil , International Organization , Turkey , Europe , Eurasia

Oil prices soar after surprise OPEC+ output cut

- Group agrees to cut production by 925,000 barrels per day in Feb. and 850,000 barrels per day in March from January rate
07.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Saudis unilaterally cuts 1M bpd to solve OPEC+ tie

- Group agrees to cut production by 925,000 bpd in February and 850,000 bpd in March from rate of January
07.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent over $53 as OPEC resumes meeting

-Investors expect no change result while world’s largest oil producers resumed talks to decide next month’s output level
06.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over adjourned OPEC+ meeting

- Meeting to resume later Tuesday after inconclusive Monday meeting due to splits on production cuts among member countries
06.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up ahead of OPEC+ meeting

-At meeting later Monday, group will decide February's production quota, which is expected to remain at 7.2M barrels per day
05.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent oil price up 0.11% for week ending Dec. 31

- US crude oil inventories, which declined more than expected, contributed to prices increases
01.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up on economic rebound optimism

- API estimates 4.8M-barrel decline in US crude oil inventories last week from market expectation of 2.1M-barrel draw
30.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up after US okays stimulus payments

- Investors are now waiting for outcome of OPEC+ meeting on Jan. 4 when group will decide on next month’s production quota
30.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down on demand fears from spread of virus variant

-US President Donald Trump finally signs pandemic relief pack, boosting hopes for economic recovery in country
30.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent oil price up 1.06% for week ending Dec. 25

- Emergence of mutant coronavirus said to be 70% more contagious put pressure on oil prices, boosting demand fears
26.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up on Brexit deal, US relief pack hopes

-While rise in coronavirus cases still pressures oil prices, vaccines continue to instill hope of speedier demand recovery
26.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices climb as US oil inventories fall

- Crude oil inventories in US fall by 600,000 barrels for week ending Dec. 18
25.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Gazprom sees moderate gas export rise in Europe in 2021

- Russian company forecasts 183 billion cubic meters of gas exports in 2021 compared to 170 billion cubic meters this year
24.12.2020 Natural Gas , Finance , Eurasia , General

Oil prices down over pandemic-driven demand fears

-Further fueling weak demand fears, US crude oil inventories are forecast to rise by 2.7 million barrels, API figures show
24.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Lukoil, Gazprom to cooperate to develop 2 fields

-Companies to establish joint venture to carry out project
23.12.2020 Oil , News from companies , World , Eurasia

Oil prices down as mutant virus spurs demand fears

- Rising value of dollar also exerts downward pressure on oil prices which are indexed to US dollar
22.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Revenues of oil giants decline 35.8% in 3Q20

- Royal Dutch Shell records highest year-over-year decline in revenue
22.12.2020 Oil , News from companies , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over new COVID strain in UK

- Concerns that measures against mutant coronavirus will tighten further slow oil demand rebound, pushing prices down
22.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent oil price up 1.68% for week ending Dec. 18

- Vaccine campaigns in UK, Canada and US support prices while negative 2021 outlook exerts downward price pressure
19.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over weak demand fears

- Many European countries impose either strict restrictions, night curfews or lockdowns, fueling investor oil demand concerns
18.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices reach 9-month high over US stocks drop

- US commercial crude oil inventories rise by 3.1 million barrels relative to market expectation of 3.5 million-barrel fall
18.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkey, Azerbaijan sign MoU to supply gas to Nakhchivan

- 85-kilometer-long Turkey-Nakhchivan natural gas pipeline will carry 500 million cubic meters of gas annually
16.12.2020 Natural Gas , Energy Diplomacy , Turkey , Eurasia

Global oil demand to increase 6.2% in 2021: IEA

- As mass vaccination will take several months, impact on oil demand will not be soon, IEA says
16.12.2020 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices drop slightly over lingering demand fears

- Tightening restrictions and renewed lockdowns in Europe reignite demand fears that were simmered down over vaccine rollouts
16.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Global oil demand to increase 6.6% in 2021: OPEC

- Transportation and industrial sectors are projected to lead oil demand growth in 2021, says OPEC
16.12.2020 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent oil price up 1.81% for week ending Dec. 11

- Imminent vaccine releases in UK, Canada and US contribute towards positive market outlook during week
12.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent oil over $50 on vaccine optimism

-Massive build in US crude oil inventories is limiting upward price pressure
11.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up over bullish sentiment on vaccines

-Large build in US crude oil inventories block further rise amid ongoing weak global demand
11.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices to remain at $40-50 range in 1Q21: experts

-OPEC+ decision of gradually raising output will help solidify oil price bottom, says Bob McNally, president of RapidanEnergy
10.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over rise in US stocks

- Positive news about coronavirus vaccine as UK starts first vaccine shots caps further falls
09.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down due to COVID-19 containment measures

- Fresh lockdowns fuel concerns over immediate global economic and oil demand recovery
09.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down amid fresh coronavirus restrictions

-Boosting global demand concerns, US, Germany, Iran, South Korea impose new lockdowns, restrictions to fight pandemic
08.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up as OPEC+ agrees on higher output next year

- Group agrees incremental rise of 500,000 bpd from January, then will hold monthly meetings to decide on next month's output
04.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ agrees on incremental oil output increase

- Oil producing states to add 500,000 barrels per day in January, and to meet monthly to decide following month’s increase
05.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down amid OPEC+ output cut uncertainty

- Further contributing to downward price trend, US crude inventories fall less than expected by over 700,000 barrels per day
03.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down as OPEC+ delays talks, US oil stocks rise

- US crude oil inventories are forecast to rise by 4.2 million barrels for week ending Nov. 27, according to API figures
03.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices fall due to uncertainty ahead of OPEC+ meet

- Investors are cautious before key two-day OPEC+ meeting although rising hope for COVID-19 vaccine caps further price declines
01.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ likely to extend production cut at least 3 months

- Group is expected to keep current output levels in 1Q21 in upcoming ministerial meeting on Nov. 30 and Dec.1
02.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up over surprise decrease in US stocks

- Positive COVID-19 vaccine news continue to push oil prices up
27.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices leap higher on vaccine hopes, US transition

- Terror attack at a petroleum products distribution station in Saudi Arabia also adds to price hikes
26.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent price hit 8-month high on encouraging vaccine news

- As third drug company announces effective COVID-19 vaccine, AstraZeneca says its vaccine has 70% efficacy
25.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up on rising hopes for COVID-19 vaccine

- Successful vaccine trials instil hopes for a sooner-than-expected recovery
23.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Russia, Turkey settle Karabakh truce's final details

- Putin urges UN groups to support humanitarian efforts in region as Moscow, Ankara hammer out details on monitoring center
22.11.2020 Energy Security , Eurasia , General

Oil price slightly down as low demand curbs price rise

-Investors have eyes on developments about COVID-19 vaccine news, developments on a possible US relief package and OPEC+ decision
21.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices drop as fears surge over weak oil demand

- Less-than-expected rise in US crude stocks limits further price declines
20.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa
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