Tehran, July 8 (IANS) Iran on Wednesday strongly condemned the United States’ decision to revoke the temporary suspension of sanctions on Iranian oil sales, describing the move as a “clear violation” of Article 10 of the Islamabad Memorandum of Understanding (MoU) signed on June 18 and holding Washington responsible for the consequences of the decision. In an official statement, Iran’s Ministry of Foreign Affairs said, “The Ministry of Foreign Affairs of the Islamic Republic of Iran strongly con…
Latest sanctions News & Updates
Ankara, July 7 (IANS) US President Donald Trump on Tuesday said his administration would remove sanctions on Syria, describing the country as a friend and crediting Turkish President Recep Tayyip Erdogan with helping improve relations with Syria’s new leadership.The announcement came during Trump’s meeting with Erdogan in Ankara ahead of the North Atlantic Treaty Organisation (NATO) Summit, where the two leaders discussed regional security, Iran and bilateral ties.”We’re going to be taking the s…
Washington, July 6 (IANS) US President Donald Trump on Monday said his administration remained open to reaching a nuclear agreement with Iran but warned that Washington was prepared to use military force if negotiations failed, insisting Tehran would never be allowed to acquire a nuclear weapon.Speaking at the White House following the launch of the “Trump Accounts” investment programme, Trump said diplomacy remained his preferred option but declared the United States would “finish the job” if a…
Washington, June 23 (IANS) US President Donald Trump said any sanctions relief granted to Iran would be tied to purchases of American agricultural products, while insisting that Tehran would never be allowed to acquire a nuclear weapon under an emerging agreement being negotiated between the two countries.Speaking at the White House after signing executive orders on quantum technology, Trump offered his most detailed public comments yet on the state of ongoing negotiations with Iran, describing …
Washington, June 18 (IANS) The Trump administration is preparing to enter what could be the most consequential phase of its Iran diplomacy, with Vice President JD Vance saying Thursday that the next 60 days will determine whether a fragile memorandum of understanding evolves into a lasting agreement or unravels amid longstanding mistrust between Washington and Tehran. In a wide-ranging White House briefing, Vance laid out the administration’s roadmap for implementing the accord signed this week,…
Washington, June 13 (IANS) The Trump administration said Friday it is prepared to accept a civilian nuclear energy programme in Iran as part of a broader nuclear agreement, provided Tehran dismantles the infrastructure that could enable it to build a nuclear weapon.The clarification came as a senior administration official outlined details of a proposed US-Iran nuclear agreement that officials said could be signed within days.The official drew a clear distinction between civilian nuclear power g…
Washington, June 12 (IANS) The United States and Iran are close to finalising a nuclear agreement that would require Tehran to dismantle key elements of its nuclear programme, surrender enriched nuclear material and accept a long-term inspection regime in exchange for phased economic relief, the Donald Trump administration said on Friday.Negotiators have made substantial progress and could sign a memorandum of understanding (MoU) within days, although some final issues still need to be resolved,…
Brussels, June 9 (IANS) The European Commission has proposed the 21st package of sanctions against Russia, targeting key sectors including energy, financial services and crypto, trade and, for the first time, fisheries, European Commission President Ursula von der Leyen said Tuesday.According to a statement released by the Commission, the proposed measures include suspending the automatic adjustment mechanism of the oil price cap until next January, which would allow oil markets to stabilise whi…
New Delhi, June 6 (IANS) India and Venezuela are exploring ways to deepen energy cooperation as both countries seek to leverage changing global oil market dynamics and strengthen long-term engagement in the hydrocarbon sector, a report has said.A report by Modern Diplomacy highlighted that Union Minister for Petroleum and Natural Gas Hardeep Singh Puri told Venezuelan Interim President Delcy Rodriguez that Indian companies are willing to expand their participation in Venezuela’s oil and gas in…
Washington, May 29 (IANS) The Trump administration has laid down three non-negotiable conditions for any agreement with Iran, Treasury Secretary Scott Bessent said, insisting that Tehran must surrender its highly enriched uranium, abandon any pursuit of a nuclear weapon and restore free navigation through the Strait of Hormuz.Discussions between the two sides are continuing, but Bessent repeatedly declined to confirm reports that a tentative agreement had already been reached.”The teams have bee…