Tag Archives: Sanctions

Oil rose to the highest level in more than three weeks as political tensions between the U.S. and Iran continued to simmer. with President Donald Trump announcing plans for further sanctions against the OPEC member.

Iran is fully prepared to take the next step to further lower its compliance with the nuclear deal on July 07.

Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is in talks with a number of other states. including China. India and Russia. to establish bilateral monetary channels in a bid to bypass Washington’s unilateral sanctions.

Three-month records of non-oil exports from Iran’s Southeastern port city of Chabahar show a 100 percent year-on-year increase in a 90-day period between March 21 and June 21. 2019.

Tehran has formed joint economic commissions with more than 70 countries. Deputy Foreign Minister for Economic Diplomacy Qolamreza Ansari said.

Chinese tech company Huawei filed a lawsuit against the US Commerce Department on Friday over seized Chinese telecom equipment that was due to be returned to China. according to Reuters.

Chinese tech company Huawei filed a lawsuit against the US Commerce Department on Friday over seized Chinese telecom equipment that was due to be returned to China. according to Reuters.

Iranian Vice-President for Science and Technology Sorena Sattari underlined that the US sanctions against Iran have started an opportunity for the Iranian knowledge-based companies to make further progress.

The current round of quotas went into force in January and ends on June 30.

Iran says it will take the case to the United Nations in protest of the US'. blatant act of aggression.