Iranians rally to celebrate 39th anniversary of taking over the US Embassy
04 November, 2018, 20:37 | Author: Ted Wilson
Pompeo said the latest U.S. sanctions are targeted at the regime, not the people of Iran who have suffered grievously under this regime.
Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.
Pradhan also expressed hope that India and other leading oil buyers will benefit from the waiver the United States has granted them from Iran sanctions.
President Donald Trump is scheduled to reimpose measures against Iran's energy, shipping, shipbuilding and financial sectors on November 5, but eight countries were expected to be left out, reports said Saturday. Now, Europe is trying to preserve the deal to avoid a potential war they fear could result if Iran abandons the deal over USA actions, he said.
Iranian state media said millions turned out for rallies in most cities and towns around the country, swearing allegiance to the clerical establishment and its hardline top authority, Supreme Leader Ayatollah Ali Khamenei.
The US treasury secretary, Steven Mnuchin, also announced that Swift, the private financial messaging service that allows banks to communicate securely, would also be subject to sanctions.
President Donald Trumpwithdrew from the deal in May, describing it as "defective at its core".
"We would lose foreign currency revenue had we'd been hit by the sanctions".
The Iranian foreign ministry said that it was "unconcerned" by the move.
The United States believes global oil supplies will exceed demand next year, making it easier for countries to cut Iranian oil imports to zero, Brian Hook, the US special representative for Iran, told reporters.
Britain, France, Germany and the European Union strongly condemned the latest actions from Washington in a joint statement, and have vowed to preserve the nuclear deal, known formally as the Joint Comprehensive Plan of Action (JCPOA).
Washington will reapply far-reaching sanctions on Iran's petroleum and banking sectors starting on Monday. Cabinet officials also pushed back on criticism from opponents of the deal that the United States is not going far enough to fulfill the administration's goal of "maximum pressure" on Iran.
The major focus on the administration's efforts is to cut off Iran's oil export revenue, with Pompeo noting that those exports have already decreased by "more than" 1 million barrels a day since President Trump announced the exit from the Iran deal in May.
The oil market ran higher in anticipation of this week's formal re-imposition of sanctions against Iran by the United States, and on concerns that supply from producers like Saudi Arabia would not be able to make up the difference.
The agreement saw Iran limit its controversial nuclear activities in exchange for sanctions relief.
However, ordinary Iranians fear an even more painful squeeze on living costs, from businesses struggling to buy raw materials to the sick and elderly unable to afford life-saving medicines.
The last time global sanctions were imposed on its oil industry between 2010 and 2016, Iran's exports fell by nearly a half.
The US-led coalition against IS said on Thursday it was working to "de-escalate" fighting between Turkey and the Kurdish militia. Ankara has already backed Syrian rebels to push the Kurdish forces out of the northern enclave of Afrin earlier this year.
Asked about the legality of such an executive order, Trump said "they're saying I can do it just with an executive order". Conway, Kellyanne Conway's husband, has parted company with his wife when it comes to birthright citizenship.
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While far from the highs of the past five years, this is only slightly above the five-year average for inventory levels. Sanctions on the country would lead to retaliation by Saudi Arabia which may then lead to higher oil prices.
He gave no indication whether they made progress on settling an escalating tariff war over Beijing's technology policy. The two leaders agreed the trade dispute "should be handled properly through substantial consultation", Lu said.
Jiangxi Tongqing Metal Handicrafts, a foundry in southeastern China, was tasked with the bronze panelling of Patel's statue. Patel, the country's first home minister, is credited with merging over 500 princely states into the Union of India .
After Winfrey's speech, Abrams climbed the stage to join a discussion and was greeted by chants from the audience. Abrams' campaign has attracted support former President Barack Obama, who is rallying in the state on Friday.
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Deputies placed the candy into evidence and the sheriff's office posted a warning to other families on social media. "Leave it be. Officials said this was the only instance of drug-laced candy that was reported. " neighbor James Smith told KATU ".
Trump administration to reinstate all Iran sanctions
Iran began selling crude oil to private companies for export on Sunday, part of a strategy to counter the planned sanctions. Iran supplied 18.4 million tonnes of crude oil between April 2017 and January 2018 (first 10 months of fiscal 2017-18).