A bipartisan group of senators introduced legislation Wednesday to help US firms remove Chinese telecom equipment from companies like Huawei if it'.s deemed a national security threat.
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Tehran'.s dependence on oil export revenues has dropped to below 30 percent.
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Huawei announced it would continue to provide security updates and services for its smartphones and tablets after Google said it would comply with an order barring the Chinese company from updates to its Android operating system.
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Iranian Oil Minister Bijan Namdar Zanganeh said that the Supreme National Security Council (SNSC) has tasked the Foreign Ministry with holding talks with European countries on Tehran’s oil exports to the bloc.
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Iraq is playing a role to calm the situation but it is not a mediation.
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US LNG is a competitor to Australia. so the tariffs work to take Australia'.s main competitor out of the market.
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Exxon Mobil withdrew all of its foreign staff. which amounted to around 60 people.
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China is willing to cooperate with Iran to confront the intervention and exit from these conditions.
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The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba.
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Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
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