us sanctions on iran news

Oil prices slipped yesterday as concerns mounts that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran. International Brent crude oil futures were down 21 cents, or 0.3 per cent, at $72.96 a barrel, while the U.S. West Texas Intermediate...

Oil prices rose on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major buyers to import Iranian crude for a while. Tehran said that it would defy Washington and continue to sell. Brent crude oil was at $72.83 a barrel … Read more via...

The US unleashed its "toughest ever" sanctions against Iran on Monday, a move that has already sparked mass protests in the oil-rich nation. The Trump administration reinstated all sanctions removed under … Read more via BBC News – https://ift.tt/2zw83N0 Get more World News

“Today, it has been clear for everyone that the United States has been defeated in sanctioning Iranian oil and minimizing it into zero level completely under any pretext.” He made the above remarks on his Instagram page and said, “with granting waiver by the United States … Read more via...

Russian Energy Minister Alexander Novak has said Moscow will support Iran to counter US oil sanctions. Russian Energy Minister Alexander Novak Washington on Friday restored sanctions on Tehran, which had previously been lifted under the 2015 nuclear deal.The measures are due to come into...

Two of Europe’s biggest carriers, Air France-KLM Group and British Airways, said they’ll suspend services to Iran, citing the reduced commercial viability of the route in the wake of the latest U.S. sanctions. Air France and Dutch sibling KLM will halt flights by the end of September due to …...

LONDON (Reuters) – A senior Iranian cleric warned Washington on Wednesday that if it attacked Iran, the United States and allied Israel would be targeted, as a war of words escalated after the United States reimposed sanctions on Iran.... Read more via Reuters – https://ift.tt/2OYW6W9 Get...

European companies can be protected from new U.S. sanctions on Iran, a junior British foreign minister said on Tuesday, after President Donald Trump withdrew from an international agreement designed to deny Tehran the ability to build nuclear weapons. ..... Read more via Leadership Newspaper...

In three months’ time, U.S. sanctions on Iran are due to enter into force that could drive the Persian Gulf nation’s exports down toward zero and upend the global oil market. There are already signs that it will be harder for the country to export, as some international insurers stop covering...

The Iranian rial fell below 100,000 against the US dollar for the first time. US sanctions on Iran go into effect August 6. Follow the rial in real time here. Iran’s currency, the rial, sank to an all-time low over the weekend, falling below 100,000 rials … Read more via Business Insider –...