France, Germany, Britain and the European Union have said they are “extremely concerned” by Iran’s decision to re-start nuclear activities at one of its key sites, in breach of a landmark 2015 deal with international powers. “The Foreign Ministers of France, Germany and the United Kingdom and the High Representative […]
New oil field found with over 50 bn barrels, says Iran president Hassan Rouhani
Iran has discovered a new oil field in the country’s south with an estimated 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country’s proven reserves by a third as it struggles to sell energy abroad over US sanctions. The announcement by Hassan […]
US accuses Iran of ‘nuclear extortion’ with enrichment step
The United States accused Iran on Tuesday of “nuclear extortion” and vowed no let-up in pressure after the clerical regime said it would resume uranium enrichment at the key Fordow plant. “Iran has no credible reason to expand its uranium enrichment program, at the Fordow facility or elsewhere, other than […]
Iran will inject uranium gas into centrifuges at Fordo nuclear facility
Iran’s president announced on Tuesday that Tehran will begin injecting uranium gas into 1,044 centrifuges, the latest step away from its nuclear deal with world powers since President Donald Trump withdrew from the accord over a year ago. The development is significant as the centrifuges previously spun empty, without gas […]
US targets Iran construction sector with new sanctions
The United States on Thursday extended its sanctions on Iran by taking aim at its construction sector, which Washington linked to the country’s Revolutionary Guards. The sanctions, it said, would also target “four strategic materials as being used in connection with Iran’s nuclear, military, or ballistic missile programs.” Secretary of […]
US extends civil nuclear cooperation waivers for Iran
The Trump administration is keeping alive one of the last remaining components of the 2015 Iran nuclear deal by extending sanctions waivers that allow foreign companies to work with Iran’s civilian nuclear program without US penalties. The waivers had been due to expire Tuesday but were extended by Secretary of […]
Iran would need oil at $195 a barrel next year to balance budget,says IMF
Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund (IMF) said. Hurt by tighter US sanctions, Iran – a key member of the Organization of the Petroleum Exporting Countries (OPEC) – is expected to have a fiscal deficit of 4.5% […]
Iran executes children in violation of human rights law
Iran executed seven child offenders last year and two so far this year even though human rights law prohibits the death penalty for anyone under age 18, a UN independent human rights expert said Wednesday. Javaid Rehman also told the UN General Assembly’s human rights committee that he has “credible information” there […]