Tag: Iran

• Friday, May 10th 2019 - 08:34 UTC

  Pompeo threatens Teheran with “swift and decisive” response to any attack by Iran

  

  Secretary of State Mike Pompeo on Thursday threatened a “swift and decisive” US response to any attack by Iran, in the latest of a series of escalating statements and actions.

• Tuesday, April 23rd 2019 - 09:00 UTC

  US threatens sanctions on countries that continue to purchase Iranian oil: crude hits six month highs

  

  The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.

• Wednesday, April 10th 2019 - 09:39 UTC

  Standard Chartered fined US$ 1,1bn for helping Iran and £102m to Britain's Financial Conduct Authority

  

  Standard Chartered bank is being fined US$1.1bn for violating US sanctions against Iran and over inadequate financial crime controls The penalties, imposed in connection with a range of different investigations in the US and the UK, all date back to before 2014.

• Friday, February 1st 2019 - 10:34 UTC

  France, Germany and UK agree on new channel to trade with Iran and avert US sanctions

  

  France, Germany and Britain have opened a new channel for non-dollar trade with Iran to avert U.S. sanctions, although diplomats say it is unlikely to allow for the big transactions that Tehran says it needs to keep a nuclear deal afloat. Washington’s major European allies opposed last year’s decision by U.S. President Donald Trump to abandon the 2015 deal, under which international sanctions on Iran were lifted in return for Tehran accepting curbs on its nuclear program.

• Saturday, December 29th 2018 - 10:30 UTC

  Bolsonaro presents Netanyahu with Brazil's highest decoration for visitors

  

  Brazil's President-elect Jair Bolsonaro and Israeli Prime Minister Benjamin Netanyahu met Friday in Rio de Janeiro and sealed an alliance between the two countries, although moving the embasy to Jerusalem was reportedly not on the table. Bolsonaro presented Netanyahu with the highest national decoration for visitors in Brazil, granted in the past to former US President Dwight Eisenhower and Queen Elizabeth.

• Thursday, December 13th 2018 - 21:19 UTC

  Socialist Pablo Iglesias regrets about Venezuela: “The political and economic situation is disastrous”

  

  The Spanish Socialist leader, Pablo Iglesias, appeared before the Spanish Senate on Thursday over the alleged illegal financing that his political coalition, Podemos, could have received from Venezuela and Iran. In a tense debate with a senator from the Popular Party (PP), Iglesias said that the situation in the South American country “is disastrous” and that he regrets things he has said in the past.

• Saturday, December 8th 2018 - 09:28 UTC

  Huawei's Meng arrest becoming a major diplomatic conflict

  

  Huawei Technologies Co Ltd’s chief financial officer faces U.S. accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.

• Tuesday, November 20th 2018 - 08:39 UTC

  France and Denmark have second thoughts about economic sanctions on Iran, after foiled attacks

  

  European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said.

• Friday, November 9th 2018 - 08:27 UTC

  Oil down 20% from its October peak despite US sanctions on Iran

  

  Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with U.S. crude now down by 20% since early October. U.S. West Texas Intermediate (WTI) crude oil futures were at US$ 61.63 per barrel.

• Tuesday, November 6th 2018 - 08:44 UTC

  Oil market cautious as US punitive sanctions on Iran become effective

  

  Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East.