Energy Policy

Iran’s Deputy Foreign Minister for Political Affairs lashed out at the recent move taken by EU3 to activate trigger mechanism in Iran nuclear deal.

Referring to the dispute resolution mechanism which was activated by France. Britain. and Germany. Iranian Foreign Minister Mohammad Javad Zarif said.

A new decision by France. Britain and Germany to trigger the dispute mechanism in the Joint Comprehensive Plan of Action (JCPOA) is nothing new as Iran employed the process more than a year ago.

Referring to the dispute resolution mechanism. EU Foreign Policy Chief Josep Borrell said that the preservation of the JCPOA is now more important than ever.

Russian Deputy Foreign Minister Sergey Ryabkov expressed concerns over the decision of the European signatories to the JCPOA to trigger dispute mechanism.

Some 23.000 liters of smuggled diesel fuel were seized in Imam Khomeini port. Khuzestan. the west southern province of Iran.

Referring to US new sanctions against Iran targeting eight high-level officials. China’s Foreign Ministry Spokesperson Geng Shuang said that China is against US unilateral sanctions on Iran.

The meeting comes as Iran took its fifth step of reducing commitments to the JCPOA on January 5.

Iran would need a $10b investment to upgrade refineries in order to produce more low-sulfur fuel of vessels.

In reaction to a recent joint statement by Germany. France. UK urging Iran to stay in the nuclear deal. a board member of the National Security and Foreign Policy Commission of the Iranian Parliament.