Lira Rises to Seven-Week High as Oil Drops on Iran Nuclear Deal

Turkey’s lira advanced the most in emerging markets as sliding oil prices boosted the outlook for the nation that imports most of its energy.

Iran nuclear deal: These industries could get a boost

As diplomats try to sell an agreement on Iran's nuclear program to power brokers in their respective countries, one of the potential stumbling blocks will be the pace at which Western powers roll back sanctions on the marginalized nation.

Iranian nuclear R&D centre 'visited by UN inspectors'

UN inspectors have gained rare access to an Iranian nuclear facility, giving them a "better understanding" of Tehran's disputed programme, it has been reported.

Iran dismisses Barack Obama's claim that sanctions prompted nuclear talks

Iran has said comments in Barack Obama's State of the Union speech about how sanctions linked to its nuclear programme had forced Tehran to the negotiating table were "unrealistic and unconstructive".

World powers set for new round of Iran nuke talks

GENEVA: Iran and world powers remain split on terms of a nuclear deal because of differences on ways to reduce Tehran's ability to make atomic weapons using plutonium and enriched uranium, French foreign minister said Saturday.

Iran Says Nuclear Plan Can’t Be Slowed as Facilities Open

Iran, celebrating its annual National Nuclear Technology Day amid pressure to curb its program, said it opened a uranium processing facility in the central Yazd province.

Iran president: Sanctions fight requires oil shift

TEHRAN, Iran (AP) — President Mahmoud Ahmadinejad said Wednesday Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the economy and disrupted foreign trade.

Iran denies offering new '9-step plan' on nuclear programme impasse

DUBAI: Iran denied on Saturday a US media report that it had offered a " nine-step plan" aimed at solving its stand-off with the West over its disputed nuclear programme.

Brent steady above $113 ahead of key Europe, U.S. data

SINGAPORE (Reuters) - Brent crude held steady above $113 per barrel on Tuesday as investors awaited economic growth data out of Europe to gauge the region's energy demand outlook, while escalating tensions in the Middle East supported prices.

Iraq oil production surpasses Iran

NEW YORK (CNNMoney) -- Oil production in Iraq surpassed that of its regional rival Iran last month, highlighting the impact of continued investment in Iraq and Western sanctions on Iran.

Oil prices slide as Greece optimism fades

(Reuters) - Oil prices fell towards $96 a barrel on Monday, erasing early gains after a pro-bailout vote in Greece failed to ease concerns about the euro zone while analysts said oversupplied crude markets would cope with any loss of Iranian oil.

To avoid conflict, OPEC may keep oil target unchanged

LONDON: Saudi Arabia and its Gulf Arab allies are likely to try to avoid confrontation with Iran and recommend leaving OPEC's oil output target unchanged when producer countries gather next month.

Oil prices slide to 7-month low

NEW YORK (CNNMoney) -- Oil prices fell below $90 a barrel for the first time in seven months Wednesday as tumult in the eurozone, excess supply and positive news out of Iran weighed on prices.

Oil prices up on expectations for improving demand

Oil prices rose as encouraging signs about the economy in the United States and China tempered concerns about Greece's debt crisis.

Japan Is Asked to Insure Iran Oil Shipments as EU Sanctions Bite

Japan’s government may insure tankers carrying Iranian oil, joining China and India in responding to European sanctions blocking private providers.

Oil above $103 amid signs China economy improving

SINGAPORE (AP) — Oil prices rose slightly above $103 a barrel Monday in Asia amid signs China's economic growth remains strong.

Oil rises above $107 amid improving US economy

SINGAPORE (AP) — Oil prices rose above $107 a barrel Tuesday in Asia as traders bet an improving U.S. economy will boost demand at a time when the ability to increase crude production is limited.

Oil price falls back from 43-month high

Oil prices have dipped from a 43-month high after Saudi Arabia denied reports that a key pipeline had exploded.

Oil hovers near $107 as US economy improves

SINGAPORE (AP) — Oil prices hovered near $107 a barrel Thursday in Asia as signs of an improving U.S. economy bolstered investor confidence.

Oil price highest for nine months

The price of oil has reached its highest level since May last year as concerns mount over Iran's nuclear programme.