EghtesadOnline: Iran has proposed setting up meetings with Middle East countries at various levels to reach a consensus over the parameters of its peace initiative for the region, dubbed the “Coalition of Hope ”, before launching it collectively, a top Iranian diplomat said.

EghtesadOnline: Europe is unlikely to trigger sanctions snapback because there is still room for diplomacy with Iran, says a political analyst, who believes that European warnings are meant to dissuade Tehran from further reducing its compliance with the nuclear deal.

EghtesadOnline: President Hassan Rouhani has called on regional states to join the Hormuz Peace Endeavor ( Hope ), a security coalition proposed by Iran for defusing tension in the Persian Gulf.

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei advised officials against pinning hope on European countries because they have practically adhered to American sanctions despite their pledges and are unlikely to do anything to ensure Iran's interests in the future.

EghtesadOnline: The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous measures failed to produce the desired results the bank’s governor said.

EghtesadOnline: Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding construction of the pipeline inside Iranian territory.

EghtesadOnline: Iran is displeased with the European Union for its delay in launching a financial payment channel to circumvent the United States sanctions, but has not yet completely lost hope of the plan’s eventual implementation, a senior diplomat said.