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Tag Archives: US sanctions

China taking place of French Total in post-sanction Iran

China’s state-owned CNPC has replaced France’s Total in Iran’s multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday. “China’s CNPC has officially replaced Total in phase 11 of South Pars but it has not started work practically. Talks need …

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Lavrov condemns sanctions on Iran as illegal

Russian Foreign Minister Sergei Lavrov said on Tuesday that U.S. sanctions on Iran were not legitimate, in Moscow’s first official comment since Washington restored sanctions on Tehran. Lavrov said Moscow, itself a target of separate U.S. sanctions, expected there would be ways to pursue economic cooperation with Iran despite the …

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Changes to proposed U.S. anti-Hezbollah sanctions allay Lebanon’s fears

Proposed tighter U.S. sanctions on Hezbollah have been altered enough to allay fears of major damage to Lebanon’s economy, a sign Washington is taking concerns about Lebanese stability seriously, banking and political sources said. But banking figures told Reuters Lebanese authorities should not be complacent as U.S. President Donald Trump’s …

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Russian nuclear bombers fly near North Korea in rare show of force

Russian nuclear-capable strategic bombers have flown a rare mission around the Korean Peninsula at the same time as the United States and South Korea conduct joint military exercises that have infuriated Pyongyang. Russia, which has said it is strongly against any unilateral U.S. military action on the peninsula, said Tupolev-95MS …

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