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Tag Archives: nuclear deal

US puts the squeeze on Iranian oil buyers

The world’s top oil buyers are discovering that US sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that India’s foreign minister said that the country won’t adhere to unilateral restrictions and will continue buying Iranian crude. …

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France’s Total officially leaves Iran

Iran’s oil minister said on Monday that France’s Total has officially left Iran after the United States threatened to impose sanctions on companies that do business in the country, Iranian state TV reported. “The process to replace [Total] with another company is underway,” Bijan Zanganeh was quoted as saying, adding …

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Europe: World must hold end of bargain with Iran

The European Union says the international community has an obligation to maintain economic relations with Iran, despite the United States’ unilateral withdrawal from a multilateral deal with the Islamic Republic that could hamper such relations. Referring to a 2015 deal between Iran and originally six world powers, EU foreign policy …

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Trump to Iran: ‘never, ever threaten’ US again

President Donald Trump on Sunday warned Iran of consequences “the likes of which few throughout history have ever suffered,” if it threatens the United States. “NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE,” he said …

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Iran builds new rotor factory for centrifuges

Iran’s nuclear chief says the country has completed the construction of an advanced factory specializing in the manufacturing of centrifuge rotors in order to enhance its uranium enrichment capacity without violating the limits set by the 2015 nuclear deal. Ali Akbar Salehi, the head of the Atomic Energy Organization of …

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Swiss rail company Matisa defies US with Iran deal

Iran’s state rail company has signed a memorandum of understanding with Switzerland’s rail tracks maintenance machines manufacturer Matisa for obsolescence management, Tasnim news agency reported on Wednesday. Under the MoU, Matisa will cooperate on overhaul and retrofitting of ballast cleaners, tampers and regulators as well as sourcing of 21 track machines …

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UAE rules out dialogue with Iran

The UAE on Friday ruled out dialogue with Iran, saying interference by Tehran and Turkey is destablising the region. “It is unlikely we will have a dialogue with Iran in light of them supplying missiles to Al Houthis (in Yemen) to launch attacks on Saudi Arabia,” Dr Anwar Gargash, Minister …

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UAE imposes economic sanctions on senior leadership of Hezbollah

UAE has imposed economic sanctions against 10 leaders of Lebanon’s Hezbollah which are on its terrorism list including Hassan Nasrallah and his deputy Naim Qassem. The move comes in line with significant actions taken by the seven members of the Terrorist Financing and Targeting Center (TFTC) to disrupt Iran’s destabilising influence in the …

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