Saturday, 18 August, 2018

Pompeo says Iran sanctions will be enforced

Iran: China With US sanctions set to begin, where next for Trump's Iran strategy
Andrew Cummings | 06 August, 2018, 06:39

Global sanctions were lifted under the agreement between world powers and Tehran in return for its curbs on the nuclear program.

The United States has told third countries they must halt imports of Iranian oil from early November or face USA financial measures. Since the United States withdrawal from the Iran deal, Iran's currency has taken a nosedive, soaring up to around 120,000 rials to a dollar.

Earlier, US Secretary of State Mike Pompeo launched his own rhetorical assault on Iran's leaders, promising unspecified backing for Iranians unhappy with their government.

US President Donald Trump withdrew from the Iran nuclear deal in May, and Washington now plans to reimpose sanctions on Tehran next month. Try respect: "for Iranians & for int'l commitments", he tweeted.

"I would certainly meet with Iran if they wanted to meet", Trump said. "No preconditions. If they want to meet, I'll meet", Trump said at a joint press conference with the Italian prime minister.

"China always holds the view that JCPOA is a multilateral deal which is verified and approved by the United Nations Security Council and accords the common interests of all parties and the global community, which must be respected and safeguarded so as to maintain the authority of the United Nations, the effectiveness of multilateral deals and the credibility of the worldwide rules", Yi reportedly said.

Oil up; traders cite industry report of crude build at Cushing
It was gathered that the Arabic nation's production increased by 230,000 barrels daily in July to 10.65 million barrels per day. Brent crude futures were at $73.15 per barrel, down 30 cents from their last close.

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Pep Guardiola Fearful That Raheem Sterling Will Leave Man City
City stormed to the Premier League title in record-breaking fashion last season, as well as winning the Carabao Cup. "We talked only about 'can I arrive on Monday instead of Sunday?' At this moment there is no problem for Hazard".

Washington has threatened a "maximum pressure" campaign against Iran, calling on U.S. allies to curb Iranian business dealings-indeed, the United States this week rejected an European Union bid for sanction exemptions.

Central bank governor Abdolnaser Hemmati said the plan reflected Iran's self-confidence in the face of the looming USA sanctions. Iran and other signatories, including China, have been trying to salvage the deal.

Or the regime could start to address what America calls its "malign influence" in the region, including its support to Syrian President Bashar Assad and threats to shut down the strategic Strait of Hormuz, a vital shipping lane for global oil supplies.

"The slogans in this protest were against the Islamic Republic of Iran and not about high inflation", the deputy of Fars governor for security, social and political affairs Hadi Pajohezh, told IRNA. Since the beginning of 2018, Iranians have been protesting against rising prices, growing power cuts, water shortages and alleged corruption.

USA officials last week said Iran carried out a similar exercise, though Tehran did not immediately acknowledge it.

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