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An oil tanker is docked while oil is pumped into it at the ships terminal of PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui April 15, 2015. REUTERS/Carlos Garcia Rawlins

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SCHLOSS ELMAU, Germany, June 27 (Reuters) - The international community should explore all options to alleviate a Russian squeeze of energy supplies that has spiked prices, including talks with producing nations like Iran and Venezuela, a French presidency official said on Monday.

Venezuela has been under U.S. oil sanctions since 2019, and could reroute crude if those restrictions were lifted.

Indirect talks between Iran and the United States to revive a nuclear deal that could see sanctions on Tehran lifted and its oil exports resume have been on hold since March, but are due to resume in Doha soon. read more

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"There are resources elsewhere that need to be explored," a French official said on the sidelines of a G7 summit in Germany, when asked about how to alleviate high oil prices.

The outstanding issue between Iran and the United States was no longer linked to the nuclear dossier but to U.S. terrorism sanctions, he said.

"So there is a knot that needs to be untied if applicable... to get Iranian oil back on the market," the official told reporters, speaking on condition of anonymity. "We have Venezuelan oil that also needs to come back to the market."

A second official said all options need to be explored given the stakes, including those involving Iran and Venezuela.

The first official called for a temporary increase in production from oil-producing nations, and said there would be an effort to try and convince them to do so.

France wants a planned mechanism to cap the price of oil to be as broad as possible and not be limited to Russian output, which the official said could lack efficiency given supply and demand dynamics.

"We want to consolidate the position of buyers so that we can be in a better position facing Russia. So we need to diversify supplies and have an outreach to producing countries," the French official said.

"We want producing countries to produce more temporarily to get over the peak of the crisis."

The official said that outreach would start with U.S. President Joe Biden's trip in July to the oil-producing Gulf.

French President Emmanuel Macron was caught by Reuters TV rushing to tell Biden that he had spoken to United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan (MbZ), who had told him that the UAE and Saudi Arabia could barely increase oil production. read more

"I had a call with MbZ," Macron was seen telling Biden after interrupting a conversation between the U.S. leader and his National Security Adviser Jake Sullivan on the sidelines of the G7.

"He told me two things. I'm at a maximum, maximum (production capacity). This is what he claims ... and then he said (the) Saudis can increase by 150 (thousands barrels per day).

"Maybe a little bit more, but they don't have huge capacities before six months' time," Macron said before being asked to continue discussions indoors away from cameras.

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Reporting by John Irish and Reuters TV; Editing by Jan Harvey and Chizu Nomiyama

Our Standards: The Thomson Reuters Trust Principles.

Originally posted here:
Powers need to study all oil options, including Iran, Venezuela -France - Reuters

The government in Iran is intensifying social restrictions, including closing cafs and detaining women for improper hijab, reports on social media indicate.

Latest news received from the southern historic city of Shiraz say that security forces and morality police shut down several cafs and are pressuring others to strictly enforce hijab rules. The same process is taking place in other cities, including Tehran.

The hijab or morality police have also expanded patrols in streets, stopping women they believe are not wearing their headscarves properly or for other dress code violations. These law enforcement units are all accompanied by special vans, and they push women into these vehicles for further questioning, admonishment, or arrest.

There have been many recorded incidents in recent months showing women resisting the morality police who use force to push them into their patrol vans. One journalist in Tehran tweeted on Monday that morality police are using new tactics to convince women to enter the vans without making a bigger scene in public. Reportedly, authorities while they have decided to harass citizens are also concerned about a backlash and incidents that could lead to street protests.

A video that went viral on June 23 showed dozens of teenage boys and girls in Shiraz congregating in a park and mingling freely, which is forbidden according to the Islamic rules in the country. Most of the girls had no headscarves and the incident turned into a major issue.

The government immediately announced that the organizers of the gathering were arrested while many ordinary Iranians on social media expressed satisfaction that teenagers defy the religious rules.

One Shiraz resident complained on social media that authorities are taking away what little exists for relaxation and socializations, by closing down cafs.

Another viral video on Sunday [June 26] showed a woman screaming profanities at a cleric who stopped her in a supermarket to admonish her for inadequate hijab. Some on social media commented that clerics do not object to doubling and tripling of prices in a matter of weeks but are upset by hijab infringements.

Young people in Tehran are also complaining about increasing pressure on caf owners not to force clients with loose headscarves to cover their heads properly. There are also reports about taxi drivers telling women to cover themselves properly, out of concern that they would be stopped by the police.

In recent weeks, the economic situation in Iran has deteriorated with prices of daily necessities doubling and tripling almost overnight and protests breaking out around the country.

No one knows if the enforcement of strict religious rules is related to the authorities trying to show force, but some citizens see the effort as a scheme to pit people against one another.

Massoud Jafari, a caf owner twitted that he is constantly harassed by morality police who walk in anytime they want and accuse him of running a business promoting prostitution, insulting him and his customers.

Last week, 120 people touring a nature reserve were arrested and accused of dancing and drinking alcohol.

There is also pressure on female singers who entertain in private wedding parties. One local prosecutor in Hormozgan province on Sunday announced the arrest of four female singers. If these acts continue, both the performers and persons organizing the wedding party will be arrested, he announced.

Read the original post:
Iran Intensifies Social Restrictions, Harassment Of Women For Hijab -

The geopolitical and economic tectonic plates are shifting and something of a tug of war is emerging over what role Iran should play in the new world order. That was plain on June 27 from a series of developments.

France caused a stir when a French presidency official anonymously stuck his neck out to declare to reporters that the international community should explore all options to alleviate Russias squeeze on energy supplies to the West that has driven up prices, including talks with oil producers like Iran and Venezuela.

Both Iran and Venezuela remain under US oil sanctions but would have plenty more oil to offer the world if the sanctions were removed. In Irans case, such a lifting of sanctions might only occur if indirect talks between Iran and the US to revive the 2015 nuclear deal, or JCPOA, scheduled to take place in Qatar from June 28 are successful.

Interestingly, there were reports circulating in Israeli and other Middle Eastern press that as part of an easing of sanctions ahead of the Qatari talks on curbing Irans nuclear development programme in return for sanctions lifting, a US-brokered deal allowing Iran to transfer oil to Syria, with Israeli approval, is in the works.

"There are resources elsewhere that need to be explored," the French presidency official, as quoted by Reuters, said on the sidelines of the G7 summit in Germany, when asked about how to alleviate high oil prices.

The outstanding issue between Iran and the US was no longer linked to the nuclear dossier in negotiations but to US terrorism sanctions, he was reported as saying, referring to Tehrans demand that Washingtons designation of Irans Islamic Revolutionary Guard Corps (IRGC), an entity of the state, as a terrorist organisation be removed.

"So there is a knot that needs to be untied if applicable... to get Iranian oil back on the market," the official was cited as telling reporters. "We have Venezuelan oil that also needs to come back to the market."

As regards Russian leader Vladimir Putins plans to reorientate his countrys trade and investment East and South, June 27 brought a report from Irans Tasnim News Agency that Iran has applied to join the BRICS (Brazil, Russia, India, China and South Africa) grouping of five major emerging economies. Spokesman for Irans foreign ministry, Saeed Khatibzadeh, noted that the BRICS member states make up 30% of the worlds economic output and 40% of its population. Irans population is around 85-mn-strong.

As for Irans arch-rival across the Persian Gulf, Saudi Arabia, the Guardian reported that top Israeli and Saudi military officials have met in secret US-brokered talks to discuss defence coordination against Iran, while AlJazeera reported that Tehran was claiming the Saudis were ready for more direct bilateral talks on securing a rapprochement between their two countries.

Khatibzadeh was reported as saying: There are still cases of disagreement between Iran and Saudi Arabia, but they would need to be resolved between the two countries, something that will help the whole of the Islamic world.

Read more here:
Tug of war emerging over what role Iran (and its oil) should play in new world order - bne IntelliNews

Russia and Iran signed a memorandum of understanding to increase trade ties and economic activity on June 16. This is essentially a mutual trade agreement that will include promoting trade in agriculture, energy and pharmaceuticals. This is yet another step forward in the growing relationship between these two belligerent powers.

One of the cornerstones of the Russia-Iran economic relationship is the creation of the North-South Corridor. This is a new trade route that would expedite the flow of goods from Russia to India. Due to Russian geography, the current trade route has the Russian goods departing from ports on the Baltic Sea, traveling around Europe, by Gibraltar into the Mediterranean Sea, through the Suez Canal, and then across the Indian Ocean. The North-South Corridor would have the Russian goods exiting Russia at the Caspian Sea, arriving at Iran and traveling overland to the Persian Gulf, and then making the final leg across the ocean to India.

Analysis of this scheme has found it 30 percent cheaper (saving $2,500 per 18 tons of goods) and 40 percent shorter than the traditional route. This would give Russias massive market of energy, minerals and fertilizers much improved access to the second-largest population in the world. This new route would also bypass two major sea gates and strategic rivals, making trade to India more consistent and independent from international pressures.

Iran would become the key middleman in this arrangement, facilitating trade between a major world power and the second-most populous nation on Earth. The Russian deputy prime minister said: Iran could become a key transportation and logistic hub for ensuring mutual transportation of goods. This ties Iran into the growing Asian alliance between Russia, China and India.

The unifying theme between Russia and Iran is the shared opposing worldview to America and Western civilization. A few days prior to Russias initial invasion of Ukraine in February, President Vladimir Putin met with his Iranian counterpart in their first-ever in-person meeting, wrote Maya Carlin at 19FortyFive. The two leaders met to reestablish a 20-year cooperation agreement signed in 2001. While Russian-Iranian ties date back to the Islamic Revolution, the two nations have experienced a surge in cooperation over the last few years. Both countries have been isolated from the international community for different reasons. Moscows ongoing invasion of Kyiv and Tehrans nuclear ambitions have pushed these Western adversaries together.

The war in Ukraine has been a turning point that is fracturing the world against the status quo. Iran has been crippled with sanctions for decades, helped occasionally by Americas radical-left presidents like Barack Obama and Joe Biden, as it aggressively pursues a terrorist war against America and Israel. American sanctions against Russia are proving to be a windfall for Iran, as Russia pivots its economy to give Iran more cash and exports, and is a key broker in the new round of Iran nuclear talks in Vienna, enabling the Islamic Republic to move closer to achieving its strategic goals.

Russia and Iran have signed several agreements over the past 20 years, including a military cooperation agreement in 2015 that opened the door for Iran to receive higher-grade military hardware from Russia. This military agreement could significantly limit Israels, or the United States, military options should Iran acquire a nuclear weapon. Russia could be to Iran as China is to North Korea. Carlin continued: Prioritizing self-interest, both leaders were seeking to leverage their positions with each other as both Russia and Iran share a mutual contempt for American hegemony.

The worldwide trend of alliances and partnerships against America is exactly what Bible prophecy says will happen just before Jesus Christ returns, and Iran plays a central role in several key prophecies.

As the United States and Britain decline, the struggle for world hegemony will mainly be between two power groups: a seventh resurrection of the Holy Roman Empire (please read The Holy Roman Empire in Prophecy to learn more) and a Russia-led Asian power bloc (please read The Prophesied Prince of Russia for more information). As Europe and Asia jockey for power and hold an uneasy alliance against the English-speaking nations, both will seek allies in the Middle East. Iran is moving firmly into the Asian camp, and that aligns with prophecy.

The Bible identifies Iran as the king of the south, which will be a lesser power in the Middle East controlling Iraq, Egypt and Libya (Daniel 11:40-42). The same verses show that Iran will be conquered by the king of the north, which is the German-led resurrection of the Holy Roman Empire. This European attack is aided by a Sunni Arab alliance, described in Psalm 83, that includes Turkey, Saudi Arabia, Lebanon and Jordan. The nuclear warfare of World War iii starts with the attack against Iran.

The different alliances and agreements being forged around the world today are quickly creating the web of alliances that will fulfill these prophecies. Irans growing relationship with Russia is directly tied to the return of Jesus Christ. You need to keep watching this trend of Asian and European powers making alliances in the Middle East.

To learn more about these vital prophecies, please read our booklets The King of the South and Germanys Secret Strategy to Destroy Iran.

Originally posted here:
Russia and Iran Deepen Trade Ties - theTrumpet.com

The crypto-community of Iran has shared its opposition to the reinstated seasonal limit on cryptocurrency mining. Despite being aware of the potential of cryptocurrencies as a way to avoid international sanctions, the government is once again limiting crypto-mining operations to reduce the burden on the nations power supply.

According to reports, 118 government-approved mining firms in Iran no longer have access to electricity due to seasonal increases in demand. This decision was made by Mostafa Rajabi Mashhadi, a spokesman for Irans power sector.

After having to deal with many power disruptions last year, the Iran Power Generation, Transmission, and Distribution Company (Tavanir) has ordered cryptocurrency miners to halt operations once more until the end of this summer. The utility company is blaming projected electricity constraints for the anticipated three months of hot weather when demand would rise due to rising cooling consumption.

According to Mostafa Rajabi Mashhadi, this step will lower excessive demand on the national grid during the peak season. The move has been criticized by stakeholders, however, who believe it is unjustified and will harm Irans cryptocurrency mining industry.

The sustained use of power for mining, both legal and illicit, was largely blamed for the power shortage and frequent blackouts. To help with the energy shortages in the chilly winter months, when demand for energy increases for heating purposes, they were once more instructed to unplug their equipment after being permitted to restart operations for a while.

According to the Cambridge Centre for Alternative Finances Bitcoin Mining Map, Irans share of the worlds hashrate dropped to just 0.12% as a result of shutdowns last year. This effectively drove Iran out of the cryptocurrency mining business. Similar events have now prompted various responses from the outside world as well as warnings that Iran is falling behind its rivals.

Before the prohibitions, cryptocurrency mining in Iran was growing. In May 2021, blockchain analytics company Elliptic calculated that 4.5% of all Bitcoin mining occurred in the nation. According to the Cambridge Centre for Alternative Finance, that percentage dropped to 0.12% in January.

Since legal mining operations only make up a minor portion of the networks load, some Iranians think that eliminating crypto-miners from the picture would have minimal impact on the power supply. The effectiveness of the prohibition on allowed mining is not yet obvious, according to the report.

Iran isnt alone in facing these issues, however. Between July and August 2021, China registered its lowest crypto hashrate ever as a result of the countrys most severe crackdown on crypto-mining. The crypto hashrate quantifies the computational power utilized by proof-of-work cryptocurrencies like Bitcoin.

However, it seems as though the sector has quickly recovered since. In China, underground mining has taken root. Only time will tell whether the same happens in Iran.

Read more:
Heres the latest chapter in Irans clampdown on crypto-miners - AMBCrypto News