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Russian Special Envoy Arrives in Iran as U.S. Implements Sanctions

07 November 2018

Washington has pledged to completely stop purchases of crude oil from Iran eventually, but for now it said eight countries - China, India, South Korea, Japan, Italy, Greece, Taiwan and Turkey - can continue imports for now without penalty.

President Donald Trump's administration re-imposed sanctions lifted under the 2015 nuclear deal after pulling out of the worldwide agreement reached between Iran, the United States and five other powers: Britain, France, Germany, China and Russian Federation.

President Donald Trump announced in May he was withdrawing the United States from a 2015 nuclear accord with Iran, which lifted wide-ranging sanctions on the Iranian economy. Meanwhile, US Secretary of State Mike Pompeo, who's termed the sanctions as the "toughest sanctions" against Iran, deflected questions on whether India and China - among the eight countries granted waiver to import crude oil from Iran - had given firm commitments on reducing their imports, with an ominous sounding statement, saying "Watch what we do".

Iranian President Hassan Rohani said on Iranian television Monday that his country would try to continue to sell oil to break the USA sanctions.

US officials have said the aim of the sanctions is eventually to stop all Iran's oil exports. "But on oil, we want to go a little bit slow because I don't want to drive the oil prices in the world up", Trump told reporters at Joint Base Andrews outside Washington on Monday before leaving on a campaign trail for the mid-term polls.

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The DoJ on Thursday charged Low along with two former Goldman Sachs bankers, Ng Chong Hwa and Tim Leissner. In June, anti-corruption investigators questioned Najib's wife about alleged theft and money-laundering.

A senior official of Marubeni Corp. said it would be hard to land a deal in Iran as long as U.S. President Donald Trump's administration continues its aggressive posture toward Tehran.

"We've already reduced Iranian crude oil exports by over a million barrels per day".

The Iranians took to the streets, chanting "Death to America!".

The sanctions hit oil exports, shipping and banking. The first round of the U.S. sanctions was reimposed in August.

He said the U.S. policy is to levy "maximum economic pressure" on the country. The price pressure on oil has scared off financial traders.

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Similar caravans have gathered regularly over the years and have generally dwindled by the time they reach the southern border. So far, it is not certain whether any operative suffered any injury but Guatemalan officers were hurt.

However, Iran's clerical rulers have dismissed concerns about the impact of sanctions on the economy.

South Korean refiners have reduced their oil imports from Iran since the United States pulled out of the Joint Comprehensive Plan of Action, a nuclear deal with Iran, in May.

"We'll see what happens with Iran".

"This oversight enhances our ability to constrain Iran's program and keep pressure on the regime while we pursue a new, stronger deal", it said.

Former U.S. Ambassador to the U.N. Bill Richardson on the sanctions on Iran.

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"We know no government in Europe, Africa and Asia that officially voices support for U.S. sanctions; except the Zionist regime and a couple of regional countries", Jahangiri added.

Russian Special Envoy Arrives in Iran as U.S. Implements Sanctions