Tag: Iran Sanctions
US sanctions Iran’s largest petrochemical holding group
The United States has sanctioned Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for supporting the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC), in addition to PGPIC’s...
Latest Iranian sanctions ‘right way’ to exert maximum pressure on Tehran, says Mideast analyst
With the one-year anniversary of U.S. President Donald Trump’s withdrawal from the 2015 Iran nuclear deal comes mounting tensions between Washington and Tehran, which appear to be escalating.
On Wednesday, Trump announced a series of...
Iran announces ‘resistance’ to stopping of US waivers on oil imports
Iran’s leaders have called for “resistance” against the U.S. decision on Monday not to extend waivers given to countries almost six months ago over importing Iranian oil.
“There is no way except resistance,” posted President Hassan Rouhani on...
Report: Iranian oil exports hit a new low in 2019 amid concern over US...
Amid renewed U.S. sanctions on Iran, the country’s oil exports hit a new low in 2019, reported Reuters.
The report, citing tanker data and industry sources, said that “buyers are curbing purchases before Washington clamps down further...
EU sanctions Iranian intelligence unit, two staff members for terror plot
The European Union on Tuesday sanctioned an Iranian intelligence unit and a few members of its staff, as Holland accused the Islamic Republic of two murders in 2015 and 2017 on Dutch soil, joining Denmark and...
US waivers on Iran sanctions keeping oil prices low
Due to temporary waivers the Trump administration granted to several countries to allow them to import Iranian oil, global oil prices have remained low.
The waivers were issued when the United States reimposed sanctions on Iran in...
Netanyahu lauds America’s ‘courageous decision’ to reimpose sanctions on Iran
Israeli Prime Minister Benjamin Netanyahu took a victory lap on Monday as he praised the Trump administration’s “courageous, determined and important decision” to reimpose remaining sanctions on Iran that were lifted under the 2015...
International Court of Justice orders US to lift some sanctions against Iran
The International Court of Justice (ICJ) ordered the United States on Wednesday to lift some sanctions on Iran in the aftermath of the U.S. reimposing sanctions that were lifted under the 2015 nuclear deal,...
U.S. envoy on Iran to Europe: ‘We will vigorously enforce our sanctions’
Following up on U.S. National Security Advisor John Bolton’s harsh rhetoric regarding Iran, its aggression and its nuclear ambitions, Senior Policy Advisor to the Secretary of State and Special Representative for Iran Brian Hook elaborated on America’s thinking when...
Volkwagen to cease doing business in Iran, boosting US economic sanctions
The United States has convinced Volkswagen AG to comply with sanctions on Iran and cease conducting most business in the regime, a U.S. official told Bloomberg news.
The Trump administration and the German automotive firm ironed out...