oil
Assad may stay? UN gives in to Russia
The draft resolution on Syria under discussion at the UN Security Council is reportedly being softened to take into account Russian concerns. It's likely to have references to President Assad stepping down, and an arms embargo removed from the text. RT's Marina Portnaya reports from New York.
RT also talks to Michel Chossudovsky, Director at the Center for Research on Globalization.Submitted by admin on Fri, 02/03/2012 - 5:47am
PREEMPTIVE STRIKE: Iran Could Turn Off EU Oil Supply Early
In a pre-emptive strike on the European Union, Iran is set to immediately halt exports to the region in advance of the oil embargo imposed on it, der Spiegel reports.
The European Union sanctions on Iranian oil, announced earlier this week, will only come into effect on July 1, in an attempt to give countries time to look for alternate sources.
Link:Read more:Submitted by admin on Sat, 01/28/2012 - 7:16amSanctions dodge: India to pay gold for Iran oil, China may follow
India has reportedly agreed to pay Tehran in gold for the oil it buys, in a move aimed at protecting Delhi from US-sanctions targeting countries who trade with Iran. China, another buyer of Iranian oil, may follow Delhi’s lead.
The report, by the Israeli-based news website DEBKAfile, states that Iran and India are negotiating backup alternatives with China and Russia, should the US and EU find a way to block the gold payment mechanism.
Submitted by admin on Wed, 01/25/2012 - 7:09amPro-Gaddafi forces strike back, 'Libya out of control'
Fighting has broken out in Libya between supporters of former leader Muammar Gaddafi and forces loyal to the new government. The head of the National Transitional Council has warned that the country is on the verge of returning to a state of civil war. Our correspondent Maria Finoshina says the NTC doesn't control the situation in Libya.
Submitted by admin on Wed, 01/25/2012 - 6:17amIf Iran Moves, the USA Has No Plan for an Oil Interruption
Submitted by admin on Fri, 12/30/2011 - 3:14am
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