The European Union wants to challenge the longstanding dominance of the U.S. dollar in oil trade, the French broadcaster EuroNews reported. Brussels has created a working group comprising of representatives from European trade and industry to “challenge the dominance of the dollar” in energy trade and promote the use of euro to price oil...
In what can only be described as another diplomatic victory for President Donald Trump’s administration, European countries have stopped importing Iranian oil. The Iranian regime has admitted that European buyers have refused to touch Iranian oil despite temporary waivers extended to them by the United States.
“No European country is buying oil...
German authorities have banned the Iranian airline Mahan Air from operating in the country amid fears of espionage and terrorism. Iran’s second largest airline has been linked to regime’s Islamic Revolutionary Guard, a U.S.-designated terrorist group.
The German Federal Aviation Office, equivalent of the U.S. FAA, has barred the airline from landing in the country...
In what can only be described as another foreign policy win for President Donald Trump, the European countries are ‘tiptoeing’ towards Washington’s position on Iran, Reuters reported Friday. Describing the recent shift in European diplomacy, the news agency noted that the “new approach moves Europe closer to U.S. President Donald Trump’s...
German army has caught an Iranian spy working in its ranks. A 50-year-old German-Afghan man has been arrested on charges of spying for Iran’s Ministry of Intelligence (MOIS). The man, named by the state prosecutor as Abdul Hamid S., has been passing on sensitive military intelligence to the Iranian spy agency for many...
An Iranian activist jailed for ‘insulting Islam’ on social media has died after a prolonged hunger strike, media reports say.
Vahid Sayadi Nasiri, a 37-year-old Iranian blogger, was arrested in 2015 and received an eight year jail sentence for “insulting Islamic sanctities” and criticizing Iran’s Shi’a Islamist regime, the U.S.-based watchdog Iran...
The United States has accused Iran of hiding its chemical weapon-related activities. Tehran was failing to report military facilities designed to manufacture chemical-filled aerial bombs, and maintained stockpiles of toxic munitions, in violation of the 1997 international chemicals weapons convention.
The U.S. Treasury has sanctioned an illicit Iranian-Russian network supplying oil to the Syrian regime. The elaborate oil scheme was used to finance the Islamic terror groups Hamas and Hezbollah, a department press release said Tuesday.
The covert shipment of Iranian oil was run by the aid of the Russian state-owned company Promsyrioimport. The network...
The European Union may switch to non-dollar transactions to protect its trade with Iran in the wake of the latest U.S. sanctions, Reuters news agency reports. The news comes as Iran’s European trading partners are working to set up a Special Purpose Vehicle, which is a payment clearance house where Iran’s proceeds from...
President Donald Trump’s administration has announced that it will reimpose sanctions on Iran that were terminated under the 2015 nuclear deal. A few countries received exemptions. From Fox News:
Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin announced the sanctions on Iran’s shipping, financial and energy sectors. Particularly, the sanctions...
A German court has ordered the extradition of an Iranian diplomat suspected of involvement in a bomb plot over to Belgium, German media reported. Assadollah Assadi, a diplomat posted to Vienna, was arrested by German police in early July for planning an attack on an Iranian opposition rally in France.
The event organized...
President Donald Trump tweeted this morning that his administration has imposed “biting sanctions” against Iran as the regime continues to face protests from fed-up citizens.
Germany’s central bank, the Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts. Under the new conditions, the Bundesbank can stop cash transfers that violate US Treasury sanctions, the German newspaper BILD disclosed.
The drastic measure to physically ship the cash...
Over the weekend, Iranian President Hassan Rouhani warned President Donald Trump that “war with Iran is the mother of all wars” and war will happen if the U.S. keeps provoking Iran while Secretary of State Mike Pompeo delivered his speech “Supporting Iranian Voices” in California.
Trump was not in the mood to hear...
The European Union has called on the U.S. not to punish European firms that trade with Iran, German daily Die Welt reported Thursday. In a letter to the U.S. officials, the EU Foreign Policy Chief Federica Mogherini “appealed to the...
Iran has been trying to acquire foreign technology to build nuclear weapons, German intelligence reveals. Tehran has been targeting Germany’s technology sector to get hold of tech in order to upgrade its weapons of mass destruction (WMD) program, a report published by the intelligence agency of the...
European companies are leaving the Islamic Republic of Iran in droves fearing U.S. sanctions after President Donald Trump’s decided to withdraw from the 2015 nuclear deal earlier this month. The regime in Tehran is “particularly concerned by the decisions of various European companies to halt their Iranian operations until the future of...
