Tag: Iran Sanctions
Iran’s president warns US of ‘crushing response’ if arms embargo is extended
Iranian President Hassan Rouhani threatened the United States in a speech on Wednesday if it decides to extend a U.N. arms embargo that is set to expire in October.
Rouhani also criticized America for withdrawing from the...
Tehran approves currency change from rial to toman as economy struggles
Iran’s parliament passed legislation to cut four zeros from the rial after a steep drop in the value of the currency, Iranian state media reported on Monday.
The bill paves the way for Iran to...
Report: Venezuela apparently giving gold bars to Iran for oil
Amid economic collapse, Venezuela has been relying on Iran to prop up its oil industry by giving the Islamic Republic tons of gold bars, thereby depleting the South American country’s gold vaults, reported Bloomberg on Thursday, citing...
Report: Majority of US House wants Trump, allies to extend UN arms embargo on...
As many as 90 percent of members of the U.S. House of Representatives have signed a letter calling on the Trump administration to work with U.S. allies in extending the U.N. arms embargo on...
Turkish bank pleads not guilty to charges of evading Iran sanctions
Turkish state bank Halkbank pleaded not guilty on Tuesday to U.S. charges of evading U.S. sanctions on Iran.
The plea was entered by the company’s lawyer, Robert Cary, in an arraignment conducted by U.S. District...
Will Iran’s continued lies over coronavirus lead to popular unrest or nuclear breakout?
The Iranian people’s trust in its government is at an all-time low. When Iranian forces shot down a Ukrainian passenger plane in January, the regime lied in an attempt to cover it up. Then,...
Pompeo: Iranian officials stole more than $1 billion in coronavirus assistance
Iranian officials have stolen more than $1 billion in European assistance to combat the coronavirus pandemic, instead pocketing the funds for themselves, alleges U.S. Secretary of State Mike Pompeo.
Iran has the sixth-most confirmed coronavirus cases with 23,049,...
Report: US sanctions have strangled at least one-fourth of Iranian oil rigs
U.S. sanctions have caused at least one-quarter of Iran’s oil rigs to be inactive, according to a Reuters report published on Tuesday.
“At least 40 of about 160 oil rigs in Iran remain idle or under repair,” reported...
Can Trump’s Iran policy succeed in the long run?
The following was delivered in a speech to the Conference of Presidents of Major American Jewish Organizations’ annual Leadership Mission in Jerusalem on Feb. 17, 2020:
Our focus today is on hot spots in the...
Top EU diplomat heads to Tehran for nuclear talks
European Union High Representative Josep Borrell is scheduled to visit Iran on Monday on his first trip since taking office, with the aim of reducing tensions over the country’s nuclear program, according to officials...