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☆ Israel-linked hackers claim cyberattack that hit 70% of Iran's gas stations
▼ + stars: | 2023-12-18 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

Iranian state TV cited the country's Oil Minister Javad Owji saying that outside interference was a possible cause after 70% of Iran's gas stations were hit by service disruptions, according to Reuters. "We, Gonjeshke Darande, carried out another cyberattack today, taking out a majority of the gas pumps throughout Iran. Gonjeshke Darande has claimed responsibility for previous cyberattacks on Iran, including on one of the country's major steel companies in June 2022. These cyber-attacks [are] being carried out carefully to protect innocent individuals," Gonjeshke Darande wrote in a Telegram post at the time. As for the Monday hit to Iran's gas stations, the country's civil defense agency said an investigation was underway and that it was still examining all possible causes for the disruption.

Persons: Hossein Beris, HOSSEIN BERIS, that's, Javad Owji, Gonjeshke, Ayatollah Ali Khamenei, Khamenei, Darande, Gonjeshke Darande Organizations: Getty, country's Oil, Reuters, Islamic, Revolutionary Guard Corps Locations: Tehran, Iran, Israel, Persian, Islamic Republic

☆ Russia is turning increasingly hostile toward Israel as it picks sides in the Middle East
▼ + stars: | 2023-11-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

JERUSALEM, ISRAEL - JANUARY 23: Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu (L) attend their meeting at Prime Minister's Office on January 23, 2020 in Jerusalem, Israel. Iranian President Ebrahim Raisi greets Russian President Vladimir Putin on July 19, 2022. Russia's President Vladimir Putin (R) shakes hands with his Syrian counterpart Bashar al-Assad during a meeting in Sochi on November 20, 2017. Russian President Vladimir Putin prepares to greet Israeli Prime Minister Benjamin Netanyahu during their meeting on Jan. 23, 2020, in Jerusalem. Russia's President Vladimir Putin with senior Saudi officials in 2014.

Persons: Vladimir Putin, Benjamin Netanyahu, Mikhail Svetlov, Russia's, Petroleum Javad, Putin, Erdogan, Ebrahim Raisi, John Drennan, Sergei Savostyanov, Mark Galeotti, Israel, Israel Russia's, Sergei Lavrov, Bashar al, Assad, UN Vasily Nebenzya, Tatiana Stanovaya, Stanovaya, Rob Griffith Organizations: Israeli, Minister's Office, Getty, Israel's, Petroleum, Turkish, Israel, U.S . Institute of Peace, AFP, Ministry, Russian Foreign Affairs, Russian, UN, Carnegie Russia Eurasia Center, Kremlin, America, Saudi, Afp Locations: JERUSALEM, ISRAEL, Jerusalem, Israel, Russia, Gaza, East, Tehran, Iran, Ukraine, Syria, Moscow, Saudi Arabia, Saudi, Arabia, Sochi, Tel Aviv

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. The conflict in the Middle East has had little impact on global oil and gas supplies, and Israel is not a big producer. Iran's Oil Minister Javad Owji said on Friday oil prices are expected to reach $100 per barrel due to the current situation in the Middle East, according to the ministry's news agency SHANA. If the U.S. tightens enforcement of sanctions on Iran's oil exports due to any role it may have in the conflict, then Iran's oil supply could fall. On the U.S. supply front, drillers this week added four oil rigs in the biggest weekly rise since March, Baker Hughes said.

Persons: Brent, WTI, Israel, Javad Owji, SHANA, Iran's, Hossein Amirabdollahian, Andrew Lipow, Baker Hughes, Stephanie Kelly, Paul Carsten, Katya Golubkova, Andrew Hayley, Marguerita Choy, David Gregorio, Paul Simao Organizations: REUTERS, Companies, . West Texas, Iran's Oil, Hezbollah, U.S, Wall Street, Lipow Oil Associates, The, of, Petroleum, drillers, U.S . Commodity Futures Trading Commission, Thomson Locations: Cushing , Oklahoma, U.S, Gaza Saudi Arabia, Israel, Gaza, Tehran, Lebanese, Saudi Arabia, Moscow, Ukraine, Russia, Iran, China, New York, London, Tokyo, Beijing

Unlike Russia, one of the world's top oil and gas producers, Israel has very modest energy production. But there is a risk the war could spread to major energy producers in the Middle East and affect oil and gas flows. Second, a deal being brokered by Washington to normalise relations between Saudi Arabia and Israel, which could see the kingdom increase oil output, could be derailed. Saudi Arabia told the White House it is willing to boost oil production early next year to help secure the deal, the Wall Street Journal reported last week. Russian Deputy Prime Minister Alexander Novak added on Thursday that current oil prices factored in the conflict and reflected the market's belief that risks posed by the clashes were not that high.

Persons: Dado Ruvic, Brent, David Goldwyn, Rob Thummel, Janet Yellen, Iranian Oil Minister Javad Owji, Joe Biden, Helima Croft, Biden, Ben Cahill, Prince Abdulaziz, Alexander Novak, Vladimir Putin, Natalie Grover, Ahmad Ghaddar, Alex Lawler, Laura Sanicola, Kirsten Donovan, Cynthia Osterman Organizations: REUTERS, Hamas, U.S . State Department, Tortoise, Iran, U.S, Treasury, Iranian Oil Minister, RBC Capital Markets, Macquarie, SAUDI, Israel, Wall Street, Washington, Strategic, International Studies, Saudi Arabia's Energy, CNBC, OPEC, Organization of, Petroleum, Thomson Locations: Israel, Ukraine, Russia, U.S, Iran, Hormuz, Washington, Saudi Arabia, Strait, Riyadh, Moscow, United States, Tehran, Washington . Saudi Arabia, Saudi, OPEC, London, New York

☆ As Israel goes to war, Russia must now decide where its loyalty lies in the Middle East
▼ + stars: | 2023-10-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin meets with Israeli Prime Minister Benjamin Netanyahu at the Kremlin in Moscow on January 30, 2020. Maxim Shemetov | Afp | Getty ImagesThe outbreak of bloodshed, violence and outright war between Israel and Hamas has put Russia in an awkward position, with Moscow traditionally treading a fine diplomatic line between Israel and its allies in the Middle East. Russia has enjoyed warm and constructive relations with Israel in recent years. Russian President Vladimir Putin and Iran's President Ebrahim Raisi hold a meeting in Tehran on July 19, 2022. Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu during their meeting at the Kremlin on April 21, 2016.

Persons: Vladimir Putin, Benjamin Netanyahu, Maxim Shemetov, Tatiana Stanovaya, Ebrahim Raisi, Sergei Savostyanov, Stanovaya, Saudi Arabia —, Vladimir Putin's, Bashar Assad's, Bashar Assad, Sergei Shoigu, Alexei Nikolsky, Netanyahu, Putin, Mohammed Shia, Al Sudani, Mikhail Svetlov, tellingly, Russia's, Ian Bremmer, Antony Blinken, Petroleum Javad, Erdogan Organizations: Israeli, Kremlin, Afp, Getty, Hamas, Carnegie Russia Eurasia Center, AFP, Saudi, Russian Defense, Sputnik, AP Putin, Iraqi, . Security Council, Israel, Eurasia Group, ., Ukraine, Ministry of Defence, Institute for, Petroleum, Turkish Locations: Moscow, Israel, Russia, Ukraine, Iran, Russian, Tehran, Syria, Eastern, Saudi Arabia, Lebanon, Egypt, Iraq, Umayyad, Damascus, U.S, Palestinian, China

☆ The US-Iran prisoner deal is a diplomatic breakthrough, but the bad blood persists
▼ + stars: | 2023-09-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

The carefully choreographed agreement was years in the making and is being seen as a major diplomatic breakthrough for the two foes. The Biden administration is unlikely to engage in “meaningful revival” of the 2015 nuclear deal, said Sanam Vakil, director of the Middle East and North Africa program at the Chatham House think tank in London. Production is the highest it’s been since 2018, when Trump withdrew from the 2015 nuclear deal and reimposed sanctions on Iran. The Islamic Republic’s oil exports have also increased, averaging 1.9 million bpd in August, Reuters reported, citing shipping firm TankerTrackers.com. “Those claiming that Biden is ignoring Iran’s exports are assuming that Biden can just shut down Iran’s exports through sanctions,” he said.

Persons: “, ”, Biden, Trump, Sanam Vakil, Ali Vaez, That’s, Ali Ahmadi, there’s, Rafael Mariano Grossi, Nasser Kanaani, Ebrahim Raisi, Raisi, ” Raisi, Trita Organizations: CNN, Five, Biden, Chatham House, Group, International Atomic Energy Agency, IAEA, Petroleum, Trump, Reuters, US Energy, Geneva Centre, Security, Islamic, Sunday, US Republican Party, US Treasury Department, NBC, Quincy Institute Locations: Iran, Qatar, United States, Washington, Tehran, East, North Africa, London, China, Islamic Republic, Russia, Ukraine, Washington ,

☆ Iran will pursue rights over Durra gas field if other parties shun cooperation -report
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: 1 min

DUBAI, July 30 (Reuters) - Iran will pursue its rights over the Durra/Arash field if other parties shun cooperation, the country's Oil Minister Javad Owji said on Sunday, according to the Oil Ministry's SHANA news agency. "If there is no willingness to cooperate, Iran will pursue its rights and benefits, including the exploitation and exploration of the Arash gas field, and will not tolerate any violation of its rights," Owji said. Kuwait oil minister Saad Al Barrak told SkyNews Arabia on Thursday that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran. Reporting by Dubai Newsroom Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Arash, Javad Owji, SHANA, Owji, Saad Al Barrak, SkyNews, Bernadette Baum Organizations: country's Oil, Dubai, Thomson Locations: DUBAI, Iran, Kuwait, SkyNews Arabia

☆ Top Russian energy diplomat visits Iran; wants more cooperation in oil, gas
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

May 16 (Reuters) - Russian Deputy Prime Minister Alexander Novak, in charge of energy diplomacy, started a visit to Iran on Tuesday and stressed the benefits of more cooperation in the oil and gas sectors, Moscow said. Russia and Iran, both under Western sanctions, are forging closer ties in order to support their economies and to undermine Western sanctions which they both cast as unjustified. "The oil and gas industry is a backbone for the economies of our countries. Strengthening bilateral cooperation in this area will undoubtedly increase the economic sustainability of Russia and Iran," it quoted Novak as saying. The two sides also discussed cooperation in the field of electrical and nuclear energy as well as renewable energy sources, the statement added, but gave no details.

REUTERS/Leah MillisWASHINGTON, April 27 (Reuters) - As Iran's oil exports rise despite U.S. sanctions over its nuclear program, senators from both parties urged President Joe Biden to enable a federal government agency to seize Iranian oil and gas shipments. Senators Joni Ernst, a Republican, and Richard Blumenthal, a Democrat, said in a letter to Biden that the Department of Homeland Security's Homeland Security Investigations (HSI) office has not been able to seize an Iranian oil shipment for more than a year. Iran says its nuclear program is for civilian purposes while the United States suspects Tehran wants to develop a nuclear bomb by enriching uranium. Iran's oil exports have reached their highest level since the reimposition of U.S. sanctions in 2018, Iranian oil minister Javad Owji said last month. Last year the U.S. tried to confiscate a cargo of Iranian oil around Greece, which prompted Tehran to seize two Greek tankers in the Gulf.

☆ Iran says oil exports hit highest level since reimposition of U.S. sanctions - Tasnim
▼ + stars: | 2023-03-12 | by ( ) www.reuters.com time to read: +1 min

DUBAI, March 12 (Reuters) - Iran's oil exports have reached their highest level since the reimposition of U.S. sanctions in 2018, the country's Oil Minister Javad Owji said on Sunday, according to the semi-official Tasnim news agency. Following the United States' exit from a 2015 nuclear deal and its reimposition of sanctions on Tehran in 2018, Iranian oil exports and revenues have taken a significant hit as few countries - with the notable exception of China - continue to purchase Iranian crude. The oil minister said that 83 million more oil barrels in the current year starting 21st March 2022 were exported compared to the previous Iranian year running March 2021-2022. This represents 190 million more barrels than two years prior according to Owji, who added that gas exports increased by 15% in 2022-23 compared to the previous Iranian year. Brian O'Toole, a former Treasury Department official, said Thursday's action would put a dent in Iran's ability to keep moving oil and get paid for it.

☆ Iranian oil workers protest for higher wages
▼ + stars: | 2022-12-17 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Dec 17 (Reuters) - Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media. There was no immediate comment from Iran's oil ministry about the reported oil worker protests. The activist HRANA news agency said a group of oil workers protested outside the Pars Oil and Gas Company in Asaluyeh in the southern province of Bushehr on the Gulf. HRANA and other social media carried videos and photographs of similar protests by oil workers in areas including Ahvaz, capital of the oil-rich Khuzestan province, Gachsaran and Mahshahr. Four decades ago, a combination of mass protests and strikes by oil workers and bazaar merchants helped sweep Iran's Shi'ite Muslim clergy to power.

☆ Putin ally Iran sees oil exports fall amid steeper competition from Russia for Asian buyers
▼ + stars: | 2022-09-26 | by ( Brian Evans | ) www.businessinsider.com time to read: +1 min

Iran's oil exports have been steadily declining, according to a report from Bloomberg. Tehran is seeing increased competition from Russia in the Asian market for oil. Western sanctions have also added extra pressure to Moscow's oil exports, and China is showing an increased willingness to fill the void left by European customers. Bloomberg added that Iran's daily production output is 2.8 million barrels per day. Iran has the capacity to pump 4 million barrels a day and hopes to boost it to 5.7 million, Oil Minister Javad Owji told Nikkei.

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