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March 27-31, 2000 / Farvardin 8-12, 1379
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* Rafsanjani blasts OPEC for "cave in" to US pressures
on production
* Buchanan: Lift Iraq, Iran sanctions
Previous
* Japan says arms issue won't affect
Iran relations
* Iran again slams US pressure on OPEC
* Zangeneh: Iranwon't surrender oil market share
* Crude oil prices fall
* OPEC has pact for more oil, without Iran-delegate
* Iran fears effect of falling oil prices on its economy
* Chevron says hopes for role in Iran oil sector soon
* Fire ravages historic square in Isfahan
* OPEC Fails To Agree on Oil Output
* Briton jailed in US for shipping air parts to Iran
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Friday,
March 31, 2000
* Rafsanjani blasts OPEC for "cave in" to US pressures
on production
TEHRAN, March 31 (AFP) - Influential former Iranian president Akbar
Hashemi Rafsanjani on Friday blasted Iran's OPEC colleagues for "caving
in" to US pressure after the cartel opted to boost output in a bid
to slash prices. "OPEC has unfortunately caved in to superpower pressures
and approved the pillaging of its members' resources," he said during
a sermon at weekly prayers at Tehran university >>>
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* Buchanan: Lift Iraq, Iran sanctions
WASHINGTON (AP) - Reform Party presidential hopeful Patrick Buchanan
says the United States should stabilize oil prices in part by lifting sanctions
on Iran and Iraq, selling them oil-drilling equipment and threatening to
withhold military help from Persian Gulf allies unless crude prices fall
to $20 a barrel. ``None of these Gulf regimes is worth another war,''
Buchanan says in prepared remarks for his speech today at Boston University.
``We should play hardball with those who play hardball with us.'' >>>
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Thursday
March 30, 2000
* Japan says arms issue won't affect Iran relations
TOKYO, March 29 (Reuters) - Japan said on Wednesday it did not expect
any diplomatic fallout over the alleged involvement of a senior Iranian
diplomat and OPEC official in illegal military exports from Japan. ``We
are not linking this incident to our relations with Iran,'' said Ryu Yamazaki,
press secretary at Japan's Foreign Ministry. ``This incident is being left
up to the authorities who are investigating.'' >>>
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* Iran again slams US pressure on OPEC
TEHRAN, March 30 (AFP) - Iran Thursday hit out again at US pressure
on OPEC member states to increase oil production levels in order to lower
oil prices. "American pressures on OPEC are in violation of the international
rules of free commerce and trade," state radio quoted foreign ministry
spokesman Hamid-Reza Asefi as saying >>>
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Wednesday
March 29, 2000
* Zangeneh: Iranwon't surrender oil market share
TEHRAN (Reuters) - Iranian Oil Minister Bijan Zangeneh, defending his
country's decision to opt out of an OPEC production pact, said on Wednesday
Iran would not surrender its share of OPEC's oil export market. ``We will
not give up our share under any circumstances,'' he said. ``We will soon
decide how much (extra) to produce. This will be seen in action,'' he told
Iranian state television from Vienna >>>
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* Crude oil prices fall
March 29, AP) -- Crude oil and other energy futures prices fell sharply
Wednesday on the New York Mercantile Exchange as the market continued to
react to OPEC's decision to increase production and Iran's decision to
go along with the other members of the cartel. Mexico, one of the leading
oil producers not in the Organization of the Petroleum Exporting Countries,
also plans to increase output. The expectation is that Norway on Thursday
will also announce a production increase >>>
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Tuesday
March 28, 2000
* OPEC has pact for more oil, without Iran-delegate
VIENNA, Austria OPEC ignored objections of its second-biggest
member and agreed to increase oil production, but the amount of new oil
flowing into the market might not be enough to bring down gasoline prices
in the United States. Iran, the No. 2 OPEC oil producer, refused to endorse
the action, saying the Organization of Petroleum Exporting Countries should
not be a "rubber stamp." >>>
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* Iran fears effect of falling oil prices on its economy
TEHRAN, March 28 (AFP) - If Iran, the second largest oil producer within
the OPEC cartel, is opposing any hike in production, it has its own pressing
economic reasons, say analysts. Any decision by the Organisation of Petroleum
Exporting Countries to increase production could cause a sharp fall in
the price of a barrel of crude, with disastrous effects for the government,
said anaylst Daryush Abdali >>>
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* Chevron says hopes for role in Iran oil sector soon
MANAMA, March 28 (Reuters) - U.S. energy group Chevron Corp (NYSE:CHV
- news) said on Tuesday it hoped for a role in Iran's oil sector in the
near future if U.S.-Iranian ties continued to improve. ``(Iran) is an area
we would hope to be involved with and obviously there are political issues
for a U.S. company,'' Robert Rossetter, general manager of the Bahrain
office, told Reuters in an interview >>>
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* Fire ravages historic square in Isfahan
TEHRAN, March 28 (AFP) - Fire severely damaged or destroyed at least
28 shops in the royal square in the central Iranian city of Isfahan Tuesday,
one of the country's most historic sites, the official news agency IRNA
reported. Firefighters took two hours to bring the blaze under the control,
said the agency. The royal square is a major tourist attraction and is
listed by both Iran and the UN cultural organisation UNESCO as an important
heritage site.
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Monday
March 27, 2000
* OPEC Fails To Agree on Oil Output
VIENNA, Austria (AP) - OPEC oil ministers failed to reach agreement
Monday on how much crude oil to add to global supplies, with Iran seen
as the chief obstacle to a consensus that could provide some price relief
to consumers. The ministers were to resume discussions Tuesday >>>
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* Briton jailed in US for shipping air parts to Iran
NEW HAVEN, Conn., March 27 (Reuters) - A British citizen was sentenced
on Monday to more than four years in prison for illegally shipping more
than $20 million worth of U.S. aircraft engine parts to Iran, a federal
prosecutor said. Pietro Rigolli, a British citizen living in Quebec, was
sentenced by U.S. District Judge Janet Hall in Bridgeport, Connecticut,
to 52 months in prison and was fined $100,000, U.S. Attorney Stephen Robinson
said >>>
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