March 18, 2019

Turkey to be exempted from U.S. sanctions on Iran: minister

04 November 2018, 06:20 | Joann Bryant

Donald Trump Goes All ‘Game Of Thrones’ With Iranian Sanctions Reimposition

Donald Trump Game Of Thrones

Trump was, of course, referring to reimposing sanctions against Iran that had been lifted as part of an Obama-era nuclear agreement.

President Donald Trump withdrew from the nuclear deal, formally known as the Joint Comprehensive Plan of Action, earlier this year.

"Mogherini and the European ministers ... highlighted the importance of the finance ministers' commitment to Europe's financial mechanism to save the Iran nuclear deal and said the mechanism will be operational in the coming days", IRNA said.

TankerTrackers says there are now six vessels, with a total of 11 million barrels of capacity, parked offshore as floating storage containers - freeing up port capacity and allowing for quick deliveries.

"And that's another reason why I think we're going to find it's hard to see them really joining even if their companies are no longer within Iran", he added.

Despite a long line of reports that Iran's economy has suffered deeply from the August sanctions and from anticipation of Sunday's escalated sanctions, Seener said that the fundamental dynamics protecting Iran from a total collapse if anything are even more solid.

The United States says the sanctions are not aimed at toppling the government, but at persuading it to radically change its policies, including its support for regional militant groups and its development of long-range ballistic missiles.

On Friday, the USA said it would add 700 individuals and entities to its Iran blacklist and push the SWIFT global banking network to cut off Tehran as Washington applies "maximum pressure" to cripple the country's economy. "But, as you know, sanctions are starting on Iran and, Iran is taking a very big hit", he said.

In May, the Trump administration announced the restoration of sanctions against Iran.

India is on the list, United States officials have indicated. It did not name the countries which would benefit.

During the last sanctions period, China funnelled nearly all its Iranian transactions through the Bank of Kunlun, controlled by Chinese state energy group CNPC, which was sanctioned by the USA in 2012 but shielded the rest of the sector from penalties.

Meanwhile, Iranian state television reported that the Islamic Republic had started production of the locally-designed Kowsar fighter plane for use in its air force.

Vice President Mike Pence, for his part, said, "Iran will be under the most punitive sanctions they have ever faced".

The United States believes global oil supplies will exceed demand next year, making it easier for countries to cut Iranian oil imports to zero, Brian Hook, the US special representative for Iran, told reporters.

The US has made it clear it wants eventually to cut off Iran's oil trade entirely, but has allowed eight countries to maintain imports as a temporary concession to give them time to reduce imports. The European Union will not be granted an exemption, Pompeo said.

The "US addiction to sanctions is out of control", Zarif wrote on Twitter.

The report discusses an unsealed indictment in the United States which "provides detail on Iran's use of deceptive practices to procure export controlled items with military applications from the USA and elsewhere".

Other News

Trending Now

Georgia GOP Gubernatorial Candidate Ditches Final Debate At The 'Last Minute'
He's banking on running up wide margins outside metro Atlanta and holding most of the GOP votes closer to the city. Meanwhile, Abrams' opponent, Georgia Secretary of State Brian Kemp , has been endorsed by President Trump .

Bolsonaro To Merge Finance, Planning and Trade Into One Super Ministry
Brazil's election of the fringe, far-right politician Jair Bolsonaro means business as usual for German companies. Bolsonaro plans to be here November 6 to meet with outgoing President Michel Temer.

Soyuz rocket failure caused by damaged sensor, says Russian Federation
Live video of the astronauts inside showed them shaking violently with vibrations caused by the malfunction . It's relied upon by NASA, Europe, Russia, and other partners.

UFC 230: Daniel Cormier defends title, submits Derrick Lewis
And he'll be keeping an eye on his waistline - the one he expects to still be wrapped with the title belt after Saturday night. His win in NY could set up a bout with Brock Lesnar, who has not competed inside the octagon for two years.

Should Luke Walton Already Be On The Hot Seat?
But after the Lakers dropped to 2-5 following losses in winnable games at San Antonio and Minnesota , Johnson met with Walton. Asked if he feels he has job security, Walton replied, "I feel like I'm coming down here to do my job and coach".

Mystery of Saudi sisters found tied together in Hudson River
They were also seen on security cameras in apparently good health, said police during a news conference on Friday. Officials from the Department of Homeland Security declined to comment and referred questions to the NY police.

Trump Tries To Revive Doubt Over Kavanaugh Claims After Little-Known Accuser Recants
Included in the email was a typed version of the Jane Doe letter , according to Grassley. Democrats have promised to keep investigating some of the claims made against Kavanaugh.

United States indicts Chinese, Taiwanese firms for trade espionage
It wants to keep working with China without sharing key technologies. Ltd., a Chinese state-owned company; United Microelectronics Corp.

Aamir Khan gives Shah Rukh Khan's Zero a big thumbs up
Shah Rukh, who has played the romantic hero, the villain and many diverse roles, has been one to love technology. Dressed in striped shorts and vest, SRK can be seen wearing a garland of currency notes on the new poster.

Tottenham's Dele Alli: Mauricio Pochettino was key to signing new contract
As young players as well, we want to keep improving and this is a great place to do that. Hopefully the fans will love it.