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Tag Archives: US sanctions

US to extend Iran energy sanctions waiver for Iraq

WASHINGTON has assured Afghanistan it would prolong the sanctions waiver, allowing Iraq to purchase Iranian energy, a source, close to Iraqi Prime Minister Adil Abd Mahdi, told Sputnik. “There is currently no official information [on the issue] but we have the United States’ assurance that Iraq will be excluded [from the ...

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‘Situation’ not suitable for talks, resistance only choice: Rouhani

TEHRAN: Iranian President Hassan Rouhani said that all officials in Iran have reached a consensus to withstand the US and its policy of sanctions, the Islamic Republic News Agency (IRNA) reported. “If we walked away from the JCPOA with the US provocative acts, then, in addition to the US, the UN and world would ...

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Oil supply drops as Iran sanctions bite: IEA

PARIS: The world’s oil supply fell last month, the International Energy Agency said on Wednesday, amid rising global tensions as US sanctions on Iran tightened and Opec+ members produced less crude in line with their pact. In its latest monthly report on the global oil market, the Paris-based IEA said ...

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EU urges Iran to respect nuclear deal, regrets US sanctions

LONDON: The European Union urged Iran to respect the international agreement curbing the Islamic Republic’s nuclear ambitions, and added that the bloc aims to continue trading with the country despite US sanctions. The EU and major European powers – Britain, France and Germany – also said that they “note with ...

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Iran-US tensions escalate as Trump imposes new sanctions

NEW YORK: The United States announced harsh new sanctions on Iran as tensions surge between the decades-long rivals. President Donald Trump issued an executive order on Wednesday to sanction Iran’s steel, aluminium, copper and iron sectors, which provide crucial foreign currency earnings for its crippled economy. Trump also threatened further ...

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OPEC chief visits Iran as US sanctions waivers expire

TEHRAN: OPEC Secretary-General Mohammed Barkindo visited Tehran for an oil and gas expo just hours before sanctions waivers the US granted to Iran’s biggest oil customers were set to expire. The OPEC chief visit came as China, Turkey and Iraq said that they cannot abide by the unilateral US sanctions and ...

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EU signatories of Nuclear Deal are deceiving Tehran: Khamenei

TEHRAN: At the same time, European signatories to the deal, striving to preserve the accord, were recently slammed by US Vice President Mike Pence, who stated that they were “undermining the US sanctions”. A day before, Iranian Foreign Minister Mohammad Javad Zarif said the EU’s current efforts are insufficient to ...

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Mogherini, Zarif agree to work together for further implementation of INSTEX

EU foreign policy chief Federica Mogherini and Iranian FM Mohammad Javad Zarif at a meeting expressed their commitment to cooperate for further implementation of the Instrument in Support of Trade Exchanges (INSTEX), which allows bypassing US sanctions, the European External Action Service (EEAS) said in a statement. “They discussed the ...

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Iran says Japan has started process of importing Iranian oil

LONDON: Japan has started the process of importing Iranian oil, which was suspended due to U.S. sanctions, the governor of Iran’s central bank said. The resumption of oil imports comes after Tokyo was granted a waiver from U.S. sanctions that went into effect in November. Iran is the fourth-largest oil ...

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North Korea’s Kim Jong-un visits China’s Xi Jinping

BEIJING: North Korean leader Kim Jong-un has arrived in Beijing for an unannounced visit, at the invitation of Chinese President Xi Jinping. Mr Kim will be in China until 10 January with his wife Ri Sol-ju, according to state media reports. The visit comes amid reports that negotiations are under ...

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