Venezuela’s point man for the Middle East, deputy foreign minister for Asian and Oceania affairs Ruben Dario Molina, was quoted in Iran’s Fars News as boasting about his relations with the Iranian regime.
A number of high-profile reports last week cited data released on 26 July by China’s General Administration of Customs (GAC) as clear evidence that China did not import any crude oil from Iran in June ‘for the first time since January 2007
Referring to a $400 billion 25-year trade deal between Iran and China U.S. Secretary of State Mike Pompeo on August 2 said the United States will apply all Iran sanctions also to the “Chinese Communist Party and their businesses and state-owned enterprises”.
Iran announced Sunday that it has imposed economic sanctions on a former US expert for playing an active role in Washington’s “economic terrorism against the interests of the Islamic Republic and its citizens”, reports Anadolu Agency.
The United States has expanded sanctions against Iran’s metals industry, adding 22 materials to the U.S. sanctions regime, a move that allows Washington to blacklist any company or entity that transfers the materials to Iran.
In a new report published on July 28, the Iranian Parliament’s Research Center (MRC) has said that U.S. sections are expected to remain in effect in mid and even long terms, and longstanding strategies to cope with them are required.
While the latest customs data from China show no imports of Iranian oil in June, data intelligence firm Kepler told Radio Farda Iran has shipped oil to the Asian economic giant.
An Iranian trade official said Friday a company has been established in Iraq which will make purchases on behalf of the Iranian government to settle Baghdad’s accumulated debts to Iran amounting to $5 billion.
The U.S. sanctions on Iran’s oil and other industries are scaring foreign firms which are unwilling to sign any deals in any sector with Iran and are even rescinding existing contracts, Iran’s Oil Minister Bijan Zanganeh said on Monday, as carried by Radio Farda.
The former head of international banking at Turkiye Halk Bankasi AS lost an appeal of his conviction for aiding an Iranian plot to evade sanctions and launder $1 billion in oil revenue through the U.S. financial system.
A man who pleaded guilty in New Hampshire to smuggling more than $100,000 worth of motors, pumps, valves and other items from the United States into Iran has been sentenced to nearly four years in federal prison.