Iran will not be complying with the “fully illegal” US sanctions, Iranian Oil Minister Bijan Zanganeh said on Thursday, in yet another defiant statement from Tehran after the American sanctions on Iran’s oil and shipping industry snapped back in early November. “We believe that we should not comply with the illegal sanctions against Iran,” Reuters […]

The United States will continue its policy of harsh sanctions against Russia, US Treasury Secretary Steven Mnuchin said. “I would just comment that this administration has been tougher on Russia and has done more Russian sanctions than before, we will continue to do this,” he told reporters after a closed-door briefing for members of the […]

Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources. The country restarted oil imports from Iran after a one-month stop in November when U.S. sanctions on Iran were reimposed, Reuters reported on Tuesday. Turkey used to import about 200,000 barres per day (bpd) of […]

 A professor of political science at the University of Cambridge has strongly criticized the U.S. sanctions against Iran, calling the sanctions a “cowardly approach” toward the Islamic Republic. In an interview with ILNA published on Tuesday, John Dunn said the United States is only pursuing its own interests by imposing sanctions on Tehran. Dunn emphasized […]

Canada has arrested a senior Huawei technology company official suspected of violating sanctions against Iran at the request of U.S. officials. Meng Wanzhou, who is one of the vice-chairs on the Chinese technology company’s board and is the daughter of the company’s founder, Ren Zhengfei, was arrested at the request of U.S. officials in Vancouver. […]

 Nation of Islam leader Louis Farrakhan has said reimposing sanctions against Iran by Washington is a “big mistake”, and that the era of U.S. totalitarianism in the world is over. Farrakhan made the remarks in a meeting with Mohsen Rezaee, secretary of the Expediency Council, in Tehran on Sunday. “Christians say the devil is a […]

The issue of offering crude oil in the stock market of Iran dates back to the Iranian calendar year of 1379 (March 2000-March 2001). Since then it has come on the table several times but was never materialized. But now, with the U.S.’s withdrawal from Iran’s nuclear deal in May and re-imposition of sanctions against […]

A senior official of Japan International Cooperation Agency (JICA) announced that the country will not alter its supportive policies towards Iran after implementation of the US sanctions on November 4. “JICA always supports development of mutual cooperation in the private sector and it will use its utmost efforts to return the Japanese companies to the […]

 The reintroduction of illegal and unilateral sanctions against Iran by the Trump administration is frightening away major companies from the Iranian market. The Trump administration has threatened that any company that do business with Iran cannot do business in the United States. The U.S. also plans to introduce ban on Iranian oil exports in early […]

The US has declared economic, political war on Iran by re-imposing sanctions, violating the international law and regulations, a US-based Iranian specialist said in a recent interview. Iran and the five permanent members of the UN Security Council (the US, France, Britain, China, and Russia) plus Germany signed the nuclear deal, formally known as the […]