Sanctions recall on ‘Afghan effect’: One route stopped, new emerges – Professor
Sputnik – Head of investment at National Iranian Oil Company said the contract for Tehran’s South Pars gas project with France’s Total…
Sanctions Against Iran
Sanctions closing in, Iran to attend September OPEC monitoring committee to protest oil quota reallocation
Platts – Iran will send its oil minister, Bijan Zanganeh, to a September meeting of the monitoring committee overseeing OPEC’s supply accord…
Why China will continue to buy Iranian crude
Oil Price | Tim Daiss: As the U.S. and Iran continue to trade barbs over the restart of economic sanctions against the Islamic…
UK’s Quercus pulls plug on $570 million Iran solar plant as sanctions bite
Reuters – British renewable energy investor Quercus said it will halt the construction of a 500 million euro ($570 million) solar power…
India is considering 50 percent Iran oil cut to win U.S. waiver
Bloomberg – India, the second biggest crude customer for Iran, may cut its imports from the Islamic republic by half to secure…
Sunni leader: Iraq should stay neutral in Iran-US spat, but must back sanctions
Rudaw – Iraq should remain neutral in the diplomatic rivalry between the US and Iran, but must also commit to sanctions, a…
Private sector needs to play more active role during economic war
MNA – Iran’s Rear Admiral Ali Shamkhani, the Secretary of Supreme National Security Council (SNSC) has called for the private sector’s help…
Total waits on CNPC to decide on Iran’s South Pars natural gas field stake
S&P Global Platts – Total is awaiting a decision by China National Petroleum Corp. on whether it will take over its stake…
How Iran is countering Trump’s new sanctions
Vice News | Andrew Potter:U.S. President Donald Trump imposed sanctions on Iran last week — completing his torching of the historic nuclear…
NITC braces for facing sanctions
SHANA – The National Iranian Tanker Company (NITC) says it is ready to counter potential US sanctions. “Under the previous round of…
Spain to protect its companies against US sanctions
IRNA – The Spanish government says it will defend its companies against US unilateral sanctions against Iran, Islamic Republic News Agency quoted…
Commander says Basij ready to counter anti-Iran economic war
MNA – The Commander of Iran’s Basij Resistance Force Gholamhossein Gheybparvar said that Basij is ready to help relevant Iranian organizations in…
Iraq will not abide by US sanctions against Iran: Abadi
Press TV – Iraqi Prime Minister Haider al-Abadi says his government will only refrain from using the dollar in transactions with Iran without…
China to buy Iran oil regardless of US sanctions
IRNA – As the biggest trade partner of Iran, China has long been importing Iranian oil, and will keep doing so despite…
Iran offers discounted oil to Asia
Economic Times – Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of…
Mismanagement, not sanctions, main cause of Iranian currency devaluation: Leader
IFP – Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei has blamed the government for the ongoing economic crisis in the…
Who profits from Iran’s oil major exodus?
Oil Price | Viktor Katona: Donald Trump’s decision to leave the Iran nuclear deal and slap sanctions on Teheran is the most…
Total still in South Pars contract: Official
SHANA – A senior Iranian oil official says French energy major Total is still part of a contract aimed at developing phase…
Iranian media stunned by Iraqi PM’s compliance with US sanctions
Al-Monitor – Iraqi Prime Minister Haider al-Abadi’s comments that his country would abide by US sanctions has taken Iranian media by surprise.…
Germany says Trump’s tariffs, sanctions destroy jobs and growth
Reuters – German Economy Minister Peter Altmaier has sharply criticized U.S. President Donald Trump’s tariffs and sanctions policies, saying such measures were…
US ambassador says UK should join Trump and put pressure on Iran
The Guardian – The foreign secretary, Jeremy Hunt, has criticised the US decision to pull out of the 2015 nuclear deal with…
Austria tries to preserve financial channels with Iran: envoy
MNA – Austrian Ambassador to Tehran Stefan Scholz said that his country tries to keep financial channels with Iran open. He made…
U.S.-Iran sanctions give China lead in world’s biggest gas field
Bloomberg | Golnar Motevalli: China National Petroleum Corp. is expected to take the lead on a $5 billion project to develop Iran’s share…
Iran official says gas field contract with Total, CNPC unchanged: SHANA
Reuters – A gas field development contract with France’s Total (TOTF.PA), and China’s state-owned CNPC remains unchanged, a senior Iranian oil official…
Following the golden rule: Iran & Venezuela prime examples of intrinsic value of money vs. gold
RT – Once again, gold has proved itself to be the most reliable safe haven as more and more citizens in countries…
Global powers condemn US sanctions against Iran and encourage businesses to ignore the Trump administration
CNBC | Sam Meredith: Several global powers have decried President Donald Trump’s administration for reinstating tough economic sanctions against Iran, while actively calling on…
Iraq has no problem for Euro transactions with Iran
IRNA – Iraqi central bank in a directive announced that there is no problem for transactions with Iranian banks. Iraqi banks also…
Iraq-Iran trade continues despite US sanctions: Iraqi official
MNA – The President of the General Union of Iraqi Chambers of Commerce Jaafar Al-Hamdani says that the trade with Iran is…
Auto supplier Duerr stops Iran business due to sanctions – Boersen-Zeitung
Reuters – German automotive supplier Duerr has halted its activities in Iran, which has been hit by the reintroduction of U.S. sanctions…
French cattle farmers’ Iran dreams on hold as US sanctions bite
Bourse and Bazaar | AFP: Multinational companies aren’t the only victims of new US sanctions against Tehran: farmers and ranchers in the…
Iran can fully meet foreign currency needs: Official
Tasnim – A member of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) said domestic demands for foreign currency by…
EU firms likely to cut ties with Iran despite bloc’s bids to thwart US sanctions
Sputnik |Luc Rivet: The EU is struggling to help its enterprises bypass the US reinstated economic restrictions against Iran, however, as their…
Iran says can fight off challenge of sanctions
IRNA – Iran’s economy minister said on Friday that the country can respond to the challenge of the US unilateral sanctions. Surely,…
China says business ties with Iran no harm to any other country
Reuters – China’s business and energy ties with Iran do not harm the interests of any other country, the country’s Foreign Ministry…
Pakistan to pursue economic ties with Iran despite US sanctions: Spokesman
MNA – Pakistan said Thu. that it reserves the right to ‘pursue legitimate economic and commercial interests’ with Iran despite risk of…
US sanctions won’t affect Turkey ties with Iran: FM Cavusoglu
Press TV – Turkish Foreign Minister Mevlüt Cavusoglu says his country is resolved to expand ties with Iran despite US threats to…
US crude sanctions against Iran could make maintaining the world’s oil supply ‘very challenging,’ IEA says
CNBC – A U.S. plan to impose targeted crude sanctions against Iran could significantly impact global supply and exhaust the world’s spare oil capacity cushion, according…
Iran oil clients trying to circumvent sanctions, avoid high oil prices
Sputnik – Many Iranian energy customers have begun circumventing US sanctions as oil prices are expected to increase due to unilateral US…
US economic sanctions against Iran doomed to failure: Writer
Press TV – The US economic sanctions against Iran are an act of war meant to cause regime change but they are…
After sanctions, Iran’s economy is nearing a crisis
Bloomberg |Ladane Nasseri, Golnar Motevalli and Arsalan Shahla: In the runup to the Aug. 7 resumption of U.S. sanctions against Iran, the…