Tuesday, March 21, 2023
British Herald
Advertisement
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion
No Result
View All Result
British Herald
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion
No Result
View All Result
British Herald
Home World Middle East

Rouhani says Iran to continue oil exports and resist U.S. economic war

Editorial Bureau by Editorial Bureau
November 20, 2018
0
Rouhani says Iran to continue oil exports and resist U.S. economic war

Iranian President Hassan Rouhani gives a public speech in the city of Khoy, West Azerbaijan province, Iran November 19, 2018. Official President website/Handout via REUTERS

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Reuters) – Iran will continue to export oil despite U.S. sanctions, which are part of a psychological war doomed to failure, Iranian President Hassan Rouhani said on Monday.

You might also like

Former Israeli premier urges world leaders to shun Netanyahu

6 Palestinians killed during Israel military raid in Westbank

Qatar’s top diplomat is sworn in as new prime minister

By reimposing sanctions on OPEC’s third biggest crude producer, Washington wants to force Tehran to drop its ballistic missile programmes, further curb its nuclear work and limit its support for proxy militias from Syria to Lebanon and Yemen.

“We will not yield to this pressure, which is part of the psychological war launched against Iran,” Rouhani said in a speech in the city of Khoy, broadcast live on state television.

“They have failed to stop our oil exports. We will keep exporting it… Your regional policies have failed and you blame Iran for that failure from Afghanistan to Yemen and Syria,” he added, to chants of “Death to America!”.

Rouhani said Washington lacked the necessary international support for its sanctions, and noted that it had granted temporary waivers to eight major buyers of Iranian oil.

“America is isolated now. Iran is supported by many countries. Except for the Zionist regime (Israel) and some countries in the region, no other country backs America’s pressure on Iran,” he said.

The European Union, France, Germany, Britain, Russia and China, participants with the United States in the 2015 deal that lifted sanctions on Iran in exchange for curbs on its nuclear programme, have been trying to find ways to circumvent the U.S. limitations.

In particular, the EU has been trying to establish a Special Purpose Vehicle (SPV) for non-dollar trade with Iran.

But this has not stopped foreign businesses ranging from oil companies and trading houses to firms leaving Iran for fear of incurring U.S. penalties.

Iran has threatened to exit the deal if its economic benefits are not preserved, but Foreign Ministry spokesman Bahram Qasemi told a news conference that it remained “hopeful that the Europeans can save the deal”.

The SPV was conceived as a clearing house that could be used to help match Iranian oil and gas exports against purchases of EU goods, circumventing the U.S. sanctions, which are based on the global use of the dollar for oil trade.

The EU wanted to have the SPV set up by this month, but no country has offered to host it, six diplomats told Reuters last week.

“We expect EU to implement the SPV as soon as possible,” Qasemi said. “Iran adheres to its commitments as long as other signatories honour theirs.”

Iran’s deputy Oil Minister Amirhossein Zamaninia said “France might host the SPV”, the semi-official Fars news agency reported on Monday.

The French Foreign Ministry declined to comment. The Finance Ministry has said that all options are on the table for the SPV and that no decisions had been taken.

Washington has warned that European banks and firms who engage in the SPV will be at risk from the reimposed U.S. sanctions.

(Additional reporting by John Irish and Leigh Thomas in PARIS; Writing by Parisa Hafezi; Editing by Kevin Liffey and Raissa Kasolowsky)

Share30Tweet19
Editorial Bureau

Editorial Bureau

Recommended For You

Former Israeli premier urges world leaders to shun Netanyahu

March 17, 2023
Netanyahu

On Thursday, Israel's former prime minister urged global leaders to avoid the country's current leader, Benjamin Netanyahu, as he moves forward with a plan to reform the justice...

Read more

6 Palestinians killed during Israel military raid in Westbank

March 8, 2023
Palestinians inspect the site of a damaged building following an Israeli forces raid

The Israeli army raided a home in a refugee camp in the occupied West Bank on Tuesday, triggering a battle that killed at least six Palestinians and wounded...

Read more

Qatar’s top diplomat is sworn in as new prime minister

March 7, 2023
Qatar’s ruling emir, Sheikh Tamim bin Hamad Al Thani, appoints the holders of top offices, usually from members of the ruling family.

Qatar’s top diplomat was sworn in as the country’s prime minister on Tuesday, replacing another member of the ruling family who had held the post since 2020, state...

Read more

Netanyahu denounces protesters after salon siege of his wife

March 2, 2023
Prime Minister Benjamin Netanyahu and his wife Sara gesture

Prime Minister Benjamin Netanyahu and his allies on Thursday denounced protesters as “anarchists” after they massed outside a Tel Aviv salon where his wife was getting her hair...

Read more

Uranium particles enriched to 83.7% found in Iran: UN Report

March 1, 2023
Uranium particles enriched to 83.7% found in Iran

Inspectors from the United Nations nuclear watchdog found uranium particles enriched up to 83.7% in Iran’s underground Fordo nuclear site, a report by The Associated Press said Tuesday....

Read more
No Result
View All Result
Covid - 19 Virus

COVID-19 cases in Russia increased by 9,373 – reports

March 21, 2023
Markets rebound ahead of Federal reserve decision

Markets rebound ahead of Federal reserve decision on hike interest rate

March 21, 2023
Kylian Mbappé is the new captain of the French national team

Mbappe to be named new France Captain after Hugo Lloris step down

March 21, 2023

Tags

amazon australia boris johnson brexit britain British Herald CHINA Coronavirus coronavirus cases coronavirus outbreak COVID-19 COVID-19 Vaccine daily roundup Donald Trump Dubai expo 2020 england European Union facebook France germany Hong Kong ICC Men's T20 india iran israel italy japan joe biden lockdown London new zealand north korea Rishi Sunak russia south korea spain T20 T20 World Cup taiwan thailand Trump turkey UK Ukraine usa
British Herald

Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

CATEGORIES

  • Africa
  • Articles
  • Asia
  • Brand Feature
  • Business
  • Climate & Environment
  • Companies
  • Crypto
  • Culture and Lifestyle
  • Daily Roundup
  • Economics
  • ECONOMY
  • edel
  • Entertainment
  • Europe
  • Fashion
  • Finance
  • Financial Markets
  • Fintech
  • Health
  • IN UK 01
  • IN UK 02
  • Investing
  • Latin America
  • Market
  • Middle East
  • nsp
  • Oceania
  • Opinion
  • Pharma/BioTech
  • Politics
  • Reviews
  • Science & Technology
  • Sport
  • Sustainability
  • Tech
  • Technology
  • Travel
  • UK
  • Uncategorized
  • USA
  • Videos
  • World

BROWSE BY TAGS

amazon australia boris johnson brexit britain British Herald CHINA Coronavirus coronavirus cases coronavirus outbreak COVID-19 COVID-19 Vaccine daily roundup Donald Trump Dubai expo 2020 england European Union facebook France germany Hong Kong ICC Men's T20 india iran israel italy japan joe biden lockdown London new zealand north korea Rishi Sunak russia south korea spain T20 T20 World Cup taiwan thailand Trump turkey UK Ukraine usa

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

No Result
View All Result
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
    • Middle East
    • Latin America
  • Politics
  • Business
    • ECONOMY
    • Financial Markets
    • Companies
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • BH Magazine
  • More
    • Health
    • Entertainment
    • Science & Technology
    • Climate & Environment
    • Sustainability
    • Food and Travel
    • Fashion
    • Culture and Lifestyle
    • Articles
    • Opinion

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?