Iran news headlines on Wednesday include Sumsung limiting access to its apps store in Iran; Iran increase of gasoline and fuel oil prices; Oman denial of Bahrain-Iran mediation drive and Iran storing millions of barrels of oil on tankers as buyers retreat.
 
Samsung to close its apps store in Iran
Samsung will reportedly be closing down access to its apps store in Iran, starting from May 22, KhabarOnline website reported.

According to the website, Samsung sent e-mails to its apps store members in Iran, noting that its service will be temporarily unavailable in Iran, starting from May 22.

 
Iran to increase gasoline, fuel oil prices
The Iranian parliament (Majlis) integration committee has approved increases on the prices of gasoline, fuel oil, and CNG for this Iranian calendar year, which began on March 21, Fars news agency reported.

Prices of other energy carriers will remain constant.

 
Oman denies Bahrain-Iran mediation drive
Oman’s foreign minister has dismissed reports that his country was planning to mediate between Bahrain and Iran and end the standoff between them.


“Manama and Tehran have normal ties and the matter therefore does not call for an Omani mediation,” Yousuf Bin Alawi said in Kuwait City.

 
Iran parks millions of oil barrels on tankers as buyers retreat
Iran is storing millions of barrels of oil on tankers in its territorial waters as Tehran struggles with tougher Western sanctions on its vital seaborne export trade, ship industry sources say.

Iran’s oil revenues have fallen by about 50 percent since tough EU and U.S. measures were imposed last year, hurting business and cutting living standards for ordinary Iranians.

 

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