Tag Archives: Iran

Trump’s choice has faced opposition of the international community.

A non-oil trade surplus of $12.54 billion was registered in favor of Iran during the period.

Iran has threatened that it will close Hormuz Strait if US blocks the country'.s oil exports.

The US decision damages regional cooperation and Turkey’s trade relations.

China has alternative oil suppliers including the United States and Saudi Arabia.

Islamic Republic of Iran has fulfilled its commitments within the framework of Joint Comprehensive Plan of Action (JCPOA) fully.

Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.

South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.

The US decision to end waivers for purchase of crude oil from Iran will not impact the Chabahar port project being developed by India. a US State Department official has told PTI news agency.

Tehran has lashed out at Saudi Arabia and Bahrain for supporting Washington’s termination of sanctions waivers for major Iranian crude buyers. saying the Islamic Republic would allow no country to replace it in the oil market.