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OPEC Unlikely to Discuss US Sanctions Against Iran

EghtesadOnline: OPEC is likely to reject a request by Iran to discuss US sanctions against Tehran at this month’s meeting of the oil producer group, a source familiar with the matter told Reuters.
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Publish Date:10/June/2018 | 09:36

India to Start Interim Development Operations at Chabahar Next Week

EghtesadOnline: Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project next week, Indian shipping ministry officials familiar with the development said.
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Publish Date:10/June/2018 | 06:39

SBI Alerts Branches on Iran Dealings

EghtesadOnline: India’s largest lender State Bank of India has alerted all its offices on the pitfalls of dealing with companies carrying out trade with Russia and Iran, which are battling US sanctions.
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Publish Date:03/June/2018 | 04:33

Rouhani: Private Sector Could Help Nullify US Sanctions

EghtesadOnline: President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of the National Development Fund of Iran–the country’s sovereign wealth fund.
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Publish Date:29/May/2018 | 24:35

Iran Reinsurance Deals Tied to Money Transfer

EghtesadOnline: When US President Donald Trump announced the reimposition of strongest sanctions against Iran on May 8, he also cast doubt over the survival of the country’s reinsurance deals with European counterparts.
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Publish Date:29/May/2018 | 24:31

Iran pressures Europe to speed up plans to save nuclear deal

EghtesadOnline: Major powers and Iran agreed on Friday to move quickly to offset the U.S. pullout from its nuclear deal and Washington’s renewed sanctions, with Tehran pressuring Europe to come up with a package of economic measures by May 31.
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Publish Date:26/May/2018 | 10:29

Foiling US Sanctions on Iran: The EU Blocking Regulation

EghtesadOnline: The EU has announced its intention to protect European businesses that wish to continue dealing with Iran by updating its “Blocking Regulation” before August 6, 2018, when the first tranche of US secondary sanctions are reactivated.
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Publish Date:26/May/2018 | 09:41

German Companies Cannot Be “Totally Shielded” From US Iran Move

EghtesadOnline: The German government will help German firms with business in Iran where it can, but cannot entirely shield them from the US decision to quit the Iran nuclear deal and reimpose sanctions against Tehran, the economy minister told a newspaper.
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Publish Date:23/May/2018 | 10:09

U.S. toughens stance on Iran, lists sweeping demands

EghtesadOnline: The United States on Monday demanded Iran make sweeping changes — from dropping its nuclear program to pulling out of the Syrian civil war — or face severe economic sanctions as the Trump administration hardened its approach to Tehran.
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Publish Date:22/May/2018 | 07:21

US Blacklisting of CBI Chief Flouts International Norms

EghtesadOnline: The Central Bank of Iran on Sunday officially condemned the sanctioning of its governor and one of its former officials by the US as a move showing “contempt for international norms”.
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Publish Date:22/May/2018 | 05:07

Pompeo reaches out to European counterparts amid Iran tensions

EghtesadOnline: U.S. Secretary of State Mike Pompeo spoke to German, French and British counterparts in recent days to discuss cooperation over Iran, a State Department spokeswoman said on Monday a week after U.S. President Donald Trump withdrew from the Iran nuclear deal.
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Publish Date:15/May/2018 | 05:37

Rhetoric over U.S. exit from Iran deal rises amid threat of sanctions

EghtesadOnline: The United States threatened on Sunday to impose sanctions on European companies that do business with Iran, as the remaining participants in the Iran nuclear accord stiffened their resolve to keep that agreement operational.
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Publish Date:14/May/2018 | 06:37

Tehran Stocks Sober Up, End Week Higher

EghtesadOnline: This week saw one of the main Tehran equity market's uncertainties come to a close, as the United States announced its refusal to waive key economic sanctions on Iran as part of the 2015 nuclear deal.
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Publish Date:12/May/2018 | 10:20

Iran Banks on Transit Hub Potential for Global Engagement

EghtesadOnline: US President Donald Trump on Tuesday pulled out from the Iran nuclear deal negotiated under his predecessor, promising to reimpose tough sanctions against Tehran and threatening other countries who may be reluctant to follow his lead.
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Publish Date:12/May/2018 | 10:16

Europe moves to safeguard interests in Iran after U.S. pullout

EghtesadOnline: Europe’s largest economies lobbied to protect their companies’ investments in Iran on Friday, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and threatened to impose sanctions on European companies.
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Publish Date:12/May/2018 | 05:00

Europe, Iran pledge to uphold pact without United States

EghtesadOnline: Both Washington’s European allies and Tehran pledged on Tuesday to uphold the 2015 Iran nuclear deal despite President Donald Trump’s decision to pull the United States out and reimpose sanctions.
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Publish Date:09/May/2018 | 05:27