he United States has told Iraq that it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran’s oil sector, three Iraqi officials said on Friday. The waiver is conditional on Iraq not paying Iran for the imports in US dollars, said the officials, […]
France, Germany, UK, EU condemn new US Iran sanctions Paris (AFP) – France, Germany, Britain and the European Union issued a joint condemnation Friday of the US move to place fresh sanctions on the Iranian economy, vowing to protect European companies doing “legitimate” business with Tehran. “We deeply regret the reimposition of sanctions by the […]
Officials from India, Iran, and Russia are going to meet next month to negotiate a large joint project aimed at launching a new cargo transport corridor that could become a cheaper and shorter alternative to the Suez Canal. The new shipment passage, North-South Transport Corridor (INSTC), is set to connect the Indian Ocean with the […]
TEHRAN (Tasnim) – Iranian President Hassan Rouhani shrugged off the upcoming US sanction against the Islamic Republic and said that the country’s trade partners should be aware that Washington’s pressures on Tehran are temporary but trade ties with Iran are permanent. The Iranian people should know that the administration has no fear about the US […]
Iraq Expects Exemption From U.S. Sanctions Against Iran Iraq should be exempted from U.S. sanctions against Iran because of the heavy reliance of the former on the latter for gas and electricity supplies, a senior Iraqi official told a Kuwaiti newspaper, as quoted by news agency Mehr. “Iraq is connected to Iran given the longest common borders, high trade […]
TEHRAN, Oct. 29 (MNA) – Stressing that a new European Union mechanism to facilitate payments for Iranian exports will be in place in coming days, Iran’s Foreign Minister Mohammad Javad Zarif said “US cannot achieve its political goals for sure.” “With the new mechanism and given the fact that Americans are now isolated in the international […]
South Korea Presses US for ‘Maximum Flexibility’ on Iranian Sanctions Exemption A new wave of US measures targeting the oil exports and financial flows of the Islamic Republic is expected to take effect on November 5. Earlier this year, the US pulled out of the 2015 nuclear deal and slapped Teheran with new sanctions, provoking […]
TEHRAN- The newly appointed Iranian Finance Minister Farhad Dejpasand announced on Sunday that his ministry is having the packages to shield U.S. sanctions prepared. Dejpasand who received votes of confidence from lawmakers in a Saturday session of the Majlis with 200 yeas, 50 nays, and 15 abstentions, made the remarks in a radio interview. Putting […]
Beijing supports full membership of Iran in Shanghai Cooperation Organization: Ambassador TEHRAN – China Ambassador to Tehran Pang Sen hailed the deeply-rooted relations between the two nations. But while expressing support for Iran’s full membership in SCO, he underlined the need for more work to strengthen the comprehensive strategic partnership. Following is the full text […]
Iran sold oil to private buyers through its energy exchange for the first time on Sunday, as part of its efforts to counter the imminent return of US sanctions. Only 280,000 barrels were sold out of one million offered, and went for $74.85 per barrel, more than $4 below the initial asking price. The identity […]