Ship sinks under unclear circumstances
OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting, as producers balance expectations of a recovery in demand against a possible increase in Iranian supply
It will now be up to the three European powers to decide whether to revive their push for a resolution criticising Iran
Iran has produced more than 2.4 kg of nearly weapons grade uranium, according to the IAEA, putting it well outside the bounds of an international nuclear deal it is allegedly working to salvage
The Tehran govt said that significant progress has been made in the ongoing talks on the 2015 Iranian nuclear deal in the Austrian capital of Vienna, but a number of key issues remain to be solved
Brent crude was down 16 cents, 0.2%, to $69.30 a barrel by 0809 GMT
Brent crude futures for July fell 9 cents, 0.1%, to $69.37 a barrel, while US West Texas Intermediate crude for July was at $66.90 a barrel, up 5 cents, or 0.1%
India is the world's third largest oil consumer and importer
Oil prices were steady on Wednesday as concerns a possible resumption in Iranian supply would cause a glut were offset by hopes for stronger US fuel demand after a drop in weekly inventory estimates
Last week, after chasing India to develop the field for 13 years, Iran announced that it will develop the offshore gas field, which runs along the country's maritime border with Saudi Arabia
Nation earlier said inspectors may no longer get nuclear site images
Brent crude futures for July rose 10 cents, or 0.2%, to $65.21 a barrel by 0032 GMT while U.S. West Texas Intermediate for July was at $62.16 a barrel, up 22 cents, or 0.4
Oil, banking, shipping and insurance sanctions will be lifted
The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.
US and Iranian diplomats, currently negotiating via intermediary governments in Vienna, have signaled that an agreement is within reach
European companies doing business with Iran could face legal troubles if they have terminated their contracts with Iranian banks or firms solely because of fears about possible US sanctions
Iran's mission to the UN did not immediately respond to a request for comment, though Tehran has denied in the past giving the rebels weapons
An explosion and fire were reported at a petrochemical plant in the Qom province of Iran on Sunday
An American warship fired warning shots when vessels of Iran's paramilitary Revolutionary Guard came too close to a patrol in the Persian Gulf, the US Navy said Wednesday
South Korea has released a small portion of Iranian funds in its banks for its purchase of medicine and vaccine, a senior businessman said in Tehran