Tag: Iran

  • Why I called off retaliatory military strike against Iran – Trump

    In an extraordinary series of tweets, President Donald Trump on Friday explained his rationale for calling off a retaliatory military strike against Iran over the downing of a U.S. drone. He said the military was “ cocked and loaded to retaliate last night (Thursday) on three different sites” in Iran but he had to pull…

  • Iran slams new U.S. sanctions on petrochemicals

    Iran slams new U.S. sanctions on petrochemicals

    Iran condemned the U.S. for placing new sanctions on a large petrochemicals company, saying it showed that the Trump administration’s recent offer to negotiate was “empty”. “The recent U.S. sanctions are again a clear violation of international rules and a confirmation of American economic terrorism,’’ Foreign Ministry spokesman Abbas Mousavi was quoted as saying by…

  • Iran’s President says America choose wrong path on sanctions

    America has chosen the wrong path in sanctioning Iran and will be defeated, Iranian President Hassan Rouhani said on Wednesday, according to the Tasnim News Agency. The U.S. announced reinstatement of sanctions targeting Iran’s oil industry on Nov.7. The administration of U.S. President Donald Trump tries to force the Islamic Republic to curb its missile…

  • Iran executes 2 men accused of economic crimes

    Iran on Wednesday executed two men accused of economic crimes, as part of an effort to stem financial misconduct as the country faces an economic crisis and new U.S. sanctions targeting its oil sector. One of the two executed men was Vahid Mazloumin, dubbed the “sultan of coins” by media, a trader accused of manipulating…

  • U.S. grants eight countries Iran sanctions waivers

    The U.S. government has agreed to let eight countries, including close allies South Korea and Japan, as well as India, keep buying Iranian oil after it reimposes sanctions on Tehran from next week, Bloomberg reported on Friday, citing a U.S. official. Iran’s biggest oil customers – all in Asia – have been seeking sanctions waivers…

  • Facebook removes fake accounts tied to Iran

    Facebook said on Friday it had deleted more accounts originating in Iran that attracted no fewer than one million U.S. and British followers. It said this was its latest effort to combat disinformation activity on its platform. The social media company removed 82 pages, groups and accounts on Facebook and Instagram that represented themselves as…

  • Oil drops to around $83 on expectations Iran will maintain some exports

    Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. reimposes sanctions, easing a strain on supplies. Two companies in India, a big buyer of Iranian oil, have ordered barrels in November, India’s oil minister said on Monday. The Trump administration is…

  • Iran sanctions: Oil price rises, increasing global supply caps market

    Oil markets were stable on Wednesday, buoyed by falling supplies from Iran ahead of U.S. sanctions but held in check by rising production outside the Organization of the Petroleum Exporting Countries. Oil prices were a shade firmer. Brent added 7 cents to 76.05 dollars a barrel, while U.S. crude rose 9 cents to 68.62 dollars…

  • Iran sanctions row: U.S. rejects authority of UN court

    Washington rejected on Tuesday the jurisdiction of the International Court of Justice – the highest UN court – as it fights an Iranian lawsuit over U.S. sanctions. The lawyer representing Iran, Mohsen Mohebi, had condemned the U.S. on Monday for “naked economic aggression” as it launched its case in The Hague. Iran argues that U.S.…

  • Google deletes YouTube accounts with ties to Iran

    Google has announced deleting 58 accounts with ties to Iran on its video sharing platform, YouTube and some other of its sites. The recent removals targeted 39 channels on YouTube, which had more than 13,000 views in the United States, as well as 13 accounts on the social networking site Google Plus and six accounts…