The Iran nuclear deal requires that its partners take action to boost the country’s economy, but European companies remain fearful of exposing themselves to US sanctions, experts told AFP. Iran’s Supreme National Security Council on Wednesday sent a letter to the deal’s other signatories, saying it had decided to suspend commitments it made under the […]
US Sanctions
Iran must resist US sanctions through oil, non-oil exports: Rouhani
Hassan Rouhani President Hassan Rouhani said on Saturday Iran must counter US sanctions by continuing to export its oil as well as boosting non-oil exports. Rouhani’s comments, carried live on Iranian TV, came a day after Washington acted to force Iran to stop producing low-enriched uranium and expanding its only nuclear power plant, intensifying a […]
Tighter US sanctions on Iranian oil will cost Asia but supply will flow
Asian buyers of Iranian crude are well placed to overcome the end of US sanctions waivers as they have demonstrated they can live without it and as global producers have the capacity to make up a shortfall, according to analysts and trade data. The United States on Monday demanded buyers of Iranian oil stop purchases […]
Cubans steeled to resist latest US sanctions
The United States may have announced a raft of measures that could hamper investment in Cuba in a bid to ramp up pressure on the communist government, but in Havana life is trundling along with the usual serenity. The peace is only broken by the mention of US President Donald Trump’s name. “It’s a constant […]
India hopes to avoid US sanctions over Russian missile deal
India is hopeful it will avoid US sanctions over its purchase of Russia’s S-400 missile system, Defense Minister Nirmala Sitharaman told AFP. New Delhi has been “heard and understood” by the US administration over its accord to buy the S-400 missile defense system for $5.2 billion, the minister said in an interview this week. Indian […]
Iran says US sanctions impeding flood rescue operations
Iran’s foreign minister says US sanctions re-imposed by the Trump administration last year have been the major obstacle to successful rescue efforts for flood-stricken areas of Iran. Mohammad Javad Zarif tweeted late Monday that America’s “maximum pressure” policy on Iran “is impeding aid efforts by #IranianRedCrescent to all communities devastated by unprecedented floods.” He says […]
China, Russia warn US of consequences over sanctions
Moscow and Beijing lashed out Friday at Washington’s new anti-Russian sanctions that also target China for the first time, warning the United States could face consequences. The United States is “playing with fire”, Russia’s deputy foreign minister Sergei Ryabkov said, while Beijing voiced “strong indignation” over the move. United in their resentment of America’s global […]
Iran Air to receive 5 ATR planes before US sanctions
Iran Air said Saturday it was set to take delivery of five new planes from Franco-Italian firm ATR just before renewed US sanctions go into effect. “Based on existing agreements, five new ATR aircraft will land at Mehrabad Airport at 9 am (0430 GMT) tomorrow (Sunday),” the national carrier said on its Telegram channel. The […]