Iran imports plane parts before U.S. sanctions kick in

05 August, 2018, 22:15 | Author: Lora Ball
  • 12 2017 shows a Panamanian tanker docking at the platform of an Iranian oil export facility in the Persian Gulf

State-run refiners accounted for around four-fifths of India's oil imports from Iran.

The matter is awkward for Germany because the government is also committed to keeping alive the 2015 deal it, along with the United States and other world powers, signed with Iran which provides incentives in exchange for Tehran not pursuing a nuclear weapon.

The US is now also pushing Pyongyang to scrap its nuclear capabilities after President Donald Trump and North Korea's leader Kim Jong Un agreed a vague commitment to "denuclearisation of the Korean Peninsula" at their landmark summit in June.

It said this was part of a pre-planned plot by the US, Israel and Saudi Arabia to exploit economic tensions inside Iran. United Nations inspectors said Iran was complying with the deal, but Trump felt the agreement did not go far enough.

Trump claimed the deal wasn't stopping Iran supporting terror groups or developing ballistic missiles.

The Iranian riyal is down 25% against the dollar. They're the world's largest state sponsor of terror.

More news: Alisson to make Liverpool debut in Napoli friendly, says Klopp

Fars reported authorities arrested 20 protesters and numerous protest leaders were women.

The US administration has vowed to impose sanctions on any company continuing to buy oil from Iran after the November 4 deadline. The sanctions targeting Iran's oil industry could cut off a crucial source of hard currency.

China is Iran's top oil importer. The US Energy Information Administration calls it "the world's most important oil transit chokepoint", with 20% of oil traded worldwide moving through the waterway, which is about 30 miles wide at its narrowest point.

"This exercise was conducted with the aim of controlling and safeguarding the safety of the worldwide waterway and within the framework of the program of the Guards' annual military exercises", Guards spokesman Ramezan Sharif said, according to IRNA.

The strait connects the Persian Gulf to the Arabian Sea.

US officials, speaking to Reuters on condition of anonymity, said the drills appeared created to send a message to Washington, which is intensifying its economic and diplomatic pressure on Tehran but so far stopping short of using the USA military to more aggressively counter Iran and its proxies. He said the exercise, which he described as an annual drill, was aimed at maintaining the security of the global waterway.

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