Thursday, 20 September, 2018

Iran Invites Private Companies To Export Crude

The White House has backed off a tweet from President Donald Trump indicating he had convinced the king of Saudi Arabia to produce an extra two million barrels of oil per day Iran vows to thwart US efforts to block its oil exports
Orlando Vargas | 02 July, 2018, 18:52

Hopes in the Trump administration are that other Middle Eastern producers will step in to compensate for the shortfall in supply, notably Saudi Arabia and possibly its Gulf allies.

On Fox, Trump directed blame at the Organization of Petroleum Exporting Countries, of which Saudi Arabia is a member.

Trump, who is spending the weekend at his golf property in New Jersey, said in a tweet on Saturday that Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia had agreed to produce more oil.

"We're not granting waivers", the official said.

The White House later walked back the president's comments, saying the king said his country can raise oil production if needed.

"Iranian crude oil will be offered on the bourse and the private sector can export it in a transparent way", First Vice President Eshaq Jahangiri told an economic event in Tehran broadcasted live on state television.

"The [Iranian] government has a plan. and God willing we are certain that we will be able to sell as much oil as we want", Jahangiri said.

LeBron James agrees $154 million Lakers deal
Clint Capela and others with six years or less in the league can make a max salary of $25.25 million for the 2018-19 season. The Lakers have a young, talented but inexperienced roster and they were hoping to land both James and possibly George.


Merkel coalition crisis: Seehofer offers to quit over migration
Two of the countries mentioned - Hungary and the Czech Republic - however denied Saturday that any such deal had been reached. He said that "there is an abundance of possibilities ... for compromises ", but didn't specify what they were.


Iniesta calls time on Spain after World Cup exit
With 131 appearances, Iniesta was Spain's fourth-most-capped player, behind Iker Casillas, Sergio Ramos and Xavi Hernandez. The last 10 minutes of the match I lost 10 years of my life but in the end, we are through to the quarterfinal".


Trump announced earlier this year that he would pull the USA out of the pact, which offered Tehran sanctions relief in exchange for curbing its nuclear program.

"Anyone trying to take away Iran's oil market (share) would be committing great treachery against Iran and will one day pay for it", Jahangiri warned in an open reference to Saudi Arabia.

On Tuesday a senior State Department official described tightening the noose on Tehran as "one of our top national security priorities".

Trump threatened in an interview that aired on Sunday to put sanctions on European companies that do business with Iran.

He also mocked the USA for "begging the Saudis" to increase oil production to drive down rising global oil prices.

In December 2016, OPEC, Russia, and other major producers agreed to curb production by 1.8 million barrels per day (bpd) for six months. The U.S. wants to cut Iran's oil export, but everyone, with even a limited knowledge of worldwide affairs, knows that such thing is impossible, the official added.

"I hereby request your excellency to remind OPEC member countries to adhere to their commitments. refrain from any unilateral measures undermining the unity and independence of the OPEC", he added.

Recommended

  • Elon Musk calls Tesla 'a real auto  company'

    Elon Musk calls Tesla 'a real auto company'

    The company also says that it is looking to make a net profit in the second half of the year despite the volatile global economy. The announcement of Tesla's production milestone for the Model 3 appears to have provided a boost to investors' sentiments.
    US Coast Guard searching for missing cruise ship crewmember north of Cuba

    US Coast Guard searching for missing cruise ship crewmember north of Cuba

    The unidentified crewmember was found Sunday by the Carnival Glory and is in stable condition. "Kudos to the Carnival Glory team". A man who went overboard on the cruise ship Norwegian Getaway was rescued almost 24 hours later by another cruise ship.
    Move over UPS truck: Amazon delivery vans to hit the street

    Move over UPS truck: Amazon delivery vans to hit the street

    Previous year it introduced Amazon Flex, which allows independent drivers to pick up shifts delivering packages around town. These businesses will be treated as Amazon's Delivery Service Partners and will receive support from the ecommerce major.
  • You can swap your Cavs No. 23 for a Lakers jersey

    You can swap your Cavs No. 23 for a Lakers jersey

    While there had been dialogue between Paul and Altman since the season ended, James had not given the team any sense of his plans. ESPN's Adrian Wojnarowski reports James has agreed to a massive four-year, $154 million deal with the Lakers.
    Images show North Korea upgraded missile site even as Trump, Kim met

    Images show North Korea upgraded missile site even as Trump, Kim met

    This must inevitably raise questions on if Bolton's comments are created to support denuclearization, or undermine it. They are "only" reports but they are deemed accurate by respected North Korea watchers.
    Basketball: LeBron James signs deal to play with LA Lakers

    Basketball: LeBron James signs deal to play with LA Lakers

    Both players enjoyed plenty of success the first time around and eventually won back-to-back championships in Miami. On Saturday night, it appeared Sixers star Joel Embiid reacted to the possibility of James landing with the Lakers.
  • Sen. Susan Collins Won't Support A Supreme Court Nominee Who Opposes Roe

    Sen. Susan Collins Won't Support A Supreme Court Nominee Who Opposes Roe

    Wade when he considered them for a Supreme Court position, and his evangelical base is calling for him to honor his promise. Wade is settled law as it has been described by Chief Justice [John] Roberts", she said on ABC's "This Week ".
    Jordan seeks truce for southwest Syria after army gains

    Jordan seeks truce for southwest Syria after army gains

    The entire southwest is part of a "de-escalation zone" agreed previous year by Russian Federation , the United States and Jordan. Shortly after the collapse of negotiations, airstrikes intensified on rebel-held parts of Daraa province that borders Jordan .
    Philadelphia 76ers to meet with reps for LeBron James

    Philadelphia 76ers to meet with reps for LeBron James

    James informed the Cavaliers on Friday that he would not exercise his $35.6 million contract option. If James had opted in with the Cavs, they could have worked out a sign-and-trade with Houston.
  • Neymar Key As Brazil Aim To Overcome Mexico Test

    Neymar Key As Brazil Aim To Overcome Mexico Test

    The only other time Mexico defeated a South American side in a World Cup match was in 2002 in a victory over Ecuador. While Brazil may be the firm favorites, Mexico have one of the best records against the five-time world champions.
    Chris Froome banned from Tour de France

    Chris Froome banned from Tour de France

    If they are unsuccessful, it is unlikely they will have time to squeeze in an appeal to the Court of Arbitration for Sport (CAS). Last month, he won the Giro d'Italia, making him just the third man ever to hold all three Grand Tour titles at the same time.
    Kuwait to raise oil output by 85000 bpd -minister

    Kuwait to raise oil output by 85000 bpd -minister

    Since then, though, the Trump administration has upped the ante by signaling a tough line on closing down Iranian production. The development comes days after Saudi Arabia, the world's biggest oil exporter, agreed to go all in with production.

Blumenthal: ‘Abolishing ICE Will Accomplish Nothing’ Blumenthal: ‘Abolishing ICE Will Accomplish Nothing’ Under the Trump administration's immigration policies, ICE has more power over people illegally migrating to the U.S. Trump said he "released many" House Republicans so they could vote against the immigration bill last week.

There's a Red OnePlus 6 Coming on 10th July There's a Red OnePlus 6 Coming on 10th July It's also slated to become available "across the globe" next week, although we obviously don't know how long sales will run. But, he added, this process has created a more durable and "elegant" red sheen that's expected to last "for years to come".

Brazil fans hold funeral for Germany after Russian Federation 2018 elimination Brazil fans hold funeral for Germany after Russian Federation  2018 elimination And as fans woke up to a World Cup without the holders this morning, the mockery online continued. "Look at Germany . Meanwhile, down by two goals against Sweden , Mexican fans turned to the other match to learn their fate.

Dog attacked by rattlesnake on hike Dog attacked by rattlesnake on hike He came to the saviour of his owner Paula Godwin after she was confronted by a serpent while hiking in Anthem, Arizona, on Friday. Godwin also posted pictures which apparently show the dog after the bite, with his face swelled up. "This is Todd.

Microsoft’s new ‘pocketable’ Surface to blur lines between PC, mobile Microsoft’s new ‘pocketable’ Surface to blur lines between PC, mobile This is a clear indication that the company has plans to launch a dual-screen mobile device in the near future. The device will allegedly have a foldable display that bridges the gap of the hinge when it's fully opened.

Michael Cohen says 'first loyalty' is to 'family and country' - not Trump Stephanopoulos said that in several instances, Cohen broke with Trump in characterizing the federal investigations. "When they [the FBI] searched my hotel room and my home, it was obviously upsetting to me and my family".

The best content about Oregon State's national championship The best content about Oregon State's national championship Right fielder Trevor Larnach then put Oregon State (54-12-1) up for good with a two-run home run off Arkansas closer Matt Cronin. The Oregon State Beavers dominated the Arizona Razorbacks on Thursday to bag the College World Series crown in Nebraska.

North Korea continues to work on a secret nuclear facilities North Korea continues to work on a secret nuclear facilities The article credited President Donald Trump for a recent measure that has halted plans for a joint U.S. The White House did not respond to a request for comment.

Chelsea interested in signing Roma goalkeeper Alisson Chelsea interested in signing Roma goalkeeper Alisson Reports in Spain claim both clubs have opened negotiations for the 22-year-old, who is looking for more playing time. Chelsea are preparing to make a €70m offer for Roma goalkeeper Alisson in the coming days.

Paul George Plans To Stay With Oklahoma City Thunder; Twitter Reacts Paul George Plans To Stay With Oklahoma City Thunder; Twitter Reacts George declined to exercise his player option for 2018-19, making him an unrestricted free agent as of midnight. For George, if he does sign a two-year deal with the Thunder , it will keep the pressure on the organization.

Chris Bosh could petition for return to play with LeBron, Lakers Chris Bosh could petition for return to play with LeBron, Lakers The signing also means James will have to interact with the Ball family at some point in the next four years. ESPN's Ramona Shelburne reported James flew into Los Angeles prior to the start of free agency.

Abraham Ancer shoots 62, shares Quicken Loans National lead with Francesco Molinari Abraham Ancer shoots 62, shares Quicken Loans National lead with Francesco Molinari Evidently I would have had to shoot 24 on the back nine to have a chance. "What Francesco is doing out there is phenomenal". He won a World Golf Championship in Shanghai in 2010, though the PGA Tour did not recognize it as an official win.

Notorious French gangster flees prison in daring helicopter escape Following a decade in prison, he was released under conditions in 2009 after convincing his parole officers that he had changed. Authorities later learned that Bourgain spent months before the escape teaching herself how to fly a helicopter.

4th substitute? Russian Federation make World Cup history 4th substitute? Russian Federation  make World Cup history Spain was more urgent in extra time after being too passive when it dominated the ball in the 90 minutes of regular time. That defied expectations for the home team, and Russia's path to the final also includes a potential semifinal here.

‘Excessive’ heat warning continues through late Saturday for Chicago ‘Excessive’ heat warning continues through late Saturday for Chicago The combination of hot temperatures and high humidity will combine to create a risky situation in which heat illnesses are likely. The combination of hot temperatures and high humidity will combine to create a situation in which heat illnesses are possible.