Eye on Iran: Iran Floats Surplus Oil as Demand Falls Ahead of U.S. Sanctions

TOP STORIES

Iran Floats Surplus Oil as Demand Falls Ahead of U.S. Sanctions | Reuters

Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand for the oil fell ahead of U.S. sanctions.

Anger and Unrest Fester in Tehran's Grand Bazaar, Iran's Beating Heart | Associated Press

As shoppers looked over his pots and pans, Farhadi said he hoped to immigrate soon to the Netherlands. He said other young Iranians with the financial means want to leave the country as well, while those without, longingly look at life in Europe. Farhadi largely blamed Iran's poor relations with the rest of the world for the faltering economy.

Iran Claims Successful Ballistic Missile Intercept Test | Jane’s 360

The Bavar-373 long-range air defence system that Iran is developing has successfully passed ballistic missile interception tests, Iranian news agencies reported the country’s deputy air defence commander as saying on 10 September.

NUCLEAR DEAL & NUCLEAR PROGRAM

Kerry Admits to Meeting Iranian Officials Over Nuclear Deal | New York Post

Former Secretary of State John Kerry admitted Wednesday that he’s met with top Iranian officials in hopes of salvaging the scrapped nuclear deal — as he slammed the Trump administration for trying to further “isolate” Iran.

SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS

Iran Starts to Feel Pinch from US Sanctions on Refined Oil Products | S&P Global Platts

While Iran's crude exports have started to slide, its woes could intensify as it is likely to face further obstacles in condensate and refined product markets. easing pressure when the US sanctions snap back early November.

Haley Says Iran Is 'Feeling The Pain' from Trump's Revived Sanctions: 'We Are Suffocating Them' | Fox News

Iran is "feeling the pain" from the sweeping sanctions revived by President Trump in August, the U.S. ambassador to the United Nations, Nikki Haley, told Fox News exclusively in a wide-ranging interview on Wednesday.

Republicans Seek Sanctions on Iraqi Militias with Iran Ties | Reuters

Republican U.S. senators plan to introduce legislation on Wednesday seeking to counteract what they see as Iran’s increasing influence in Iraq, amid concern about attacks in Iraq by groups U.S. officials consider Iranian proxies, a Senate aide said on Wednesday.

Saudi Arabia Boosts Oil Supply to Asia As Iran Sanctions Return | OilPrice.com

Saudi Arabia has the chance to regain Asian market share after at least three North Asian refiners have asked to receive extra supplies of Saudi oil for October as they are concerned that the returning U.S. sanctions on Iran will limit supply just as winter demand begins, Reuters reported on Tuesday, citing sources.

Iran's Options to Face Down US Oil Sanctions | Agence France-Presse

Iran faces a potentially crushing loss of oil exports when US sanctions return in November, but the impact could be blunted by its experience of working around embargoes. When Iran faced its toughest international sanctions between 2012 and 2015, analysts say it found a number of creative solutions, from repainting and renaming ships to switching off their tracking devices.

Iran OPEC Governor Accuses Trump of 'Bullying World' and Oil Markets | S&P Global Platts

Iran's OPEC governor has blamed US President Donald Trump for "bullying" oil markets and warned of the economic consequences for Europe and Asia from higher prices after crude breached $80/b.

New Reports of Abuse Reinforce Case for Sanctions on Iran’s Prisons | Tzvi Kahn for the Foundation for Defense of Democracies

An exiled Iranian Dervish activist accused Tehran on Saturday of violating its own prison regulations by allowing seven Dervish women to suffer “appalling” conditions in jail… These allegations remain consistent with systemic patterns of abuse by Iran’s Prisons Organization and its director, Asghar Jahangir. It’s long past time for Washington to sanction them for their history of repression.

TERRORISM & EXTREMISM

Hezbollah, a History of Assassinations and Purge | Arab Times

The Special Tribunal for Lebanon (STL) in the International Criminal Court will soon complete its tasks concerning the assassination of former Lebanese prime minister Rafiq Hariri. This is after perusing about 300 indictment documents and listening to 300 witnesses of the crime of the era. With this, the circle has been closed for the culprits and their master Hassan Nasrallah – the gang leader of Hezbollah. This will end decades of impunity for crimes committed by the gang in Lebanon, Arab world and the entire world.

IRANIAN INTERNAL DEVELOPMENTS

Former Iranian Vice President Sentenced to Prison for 'Threatening National Security' | Radio Free Europe / Radio Liberty

Esfandiar Rahim Mashaei, a vice president, chief of staff, and senior aide under former Iranian President Mahmud Ahmadinejad, has been sentenced to 6 1/2 years in prison after being convicted on charges including threatening national security, Iranian media report.

Iranian Kurdish Shopkeepers Strike Against Executions, Missile Attacks | Al Arabiya (UAE)

Iranian Kurdish shopkeepers on Wednesday began state-wide strike against the executions of Kurdish activists and the bombing of opposition parties in neighboring states. Last week, six Kurdish political prisoners were executed. Iran also launched missile strikes against the headquarters of the Kurdistan Democratic Party of Iran (KDPI) in Iraq's autonomous Kurdish region on Saturday, killing at least 15 members.

IRANIAN REGIONAL AGGRESSION

Iran's Destablising Actions Top Threat in the Region | Gulf News (UAE)

Iran's destabilising actions and violent extremist organisations are the main security threats to the region and to the US, Central Command chief General Joseph Votel said on Wednesday.

RUSSIA, SYRIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN

Israeli PM: Europe Must Confront, Not Appease Terrorist Iran | Asharq Al-Awsat (U.K.)

Israeli Prime Minister Benjamin Netanyahu criticized Europe on Wednesday for “reconciling” with Iran instead of countering its “terror regime.”

GULF STATES, YEMEN, & IRAN

Ending Yemen’s War without Perpetuating a‘Southern Hezbollah’ | Michael Knights for the Hill

The United States should commit to open-ended support to maritime interdiction of Iranian arms shipments to Yemen, such as the weapons interdicted by a U.S. Navy destroyer on Aug. 28. If the United States, Israel and Europe could go back in time and prevent Hezbollah from becoming a powerhouse, they would do so in a heartbeat. This is the fleeting opportunity that still remains in Yemen.

Iran, In Shadow Proxy War with Saudis, Expands Its Pakistan Influence | Fox News

Iran is stepping up its involvement with political and militant Shiite groups in Pakistan, in what foreign affairs experts see as an escalating shadow proxy war with Saudi Arabia in a country with the world's second-largest Muslim population.

IRAQ & IRAN

Iran’s Missile Attack in Iraqi Kurdistan Could Backfire | Bilal Wahab for the Washington Institute

The IRGC has fired a literal shot across the KRG’s bow, but the brazen violation of Baghdad’s sovereignty may ultimately benefit Tehran’s opponents.

Trump’s Latest Warning to Iran Didn’t Come Out of Nowhere | Krishnadev Calamur for the Atlantic

The White House condemned the Islamic Republic for rocket attacks on U.S. facilities in Baghdad and Basra. Such attacks have been common—but it’s not always clear who exactly is driving them.

Iranians Attend Funeral for Soldiers Killed In Iran-Iraq War | Associated Press

Thousands of Iranians attended a massive funeral for 135 soldiers on Thursday, 30 years after the end of the 1980s war between Iran and Iraq.