Iran receives more airplanes ahead of renewed U.S. sanctions

Iran receives more airplanes ahead of renewed U.S. sanctions

Iran receives more airplanes ahead of renewed U.S. sanctions

Beijing has, however, agreed not to ramp up purchases of Iranian crude, according to the officials, who asked not to be identified because discussions with China and other countries continue.

Francis Fannon, the assistant secretary of state for the Bureau of Energy Resources, was recently in China to discuss sanctions, according to a State Department spokesperson.

The deal was thrown into doubt by the US decision to withdraw from a 2015 nuclear deal between Tehran and major powers and reimpose sanctions, part of which are due to resume from Tuesday.

Under the 2015 pact, signed by the US, UK, Britain, China, Russia and the European Union, Tehran agreed to scale back its uranium enrichment programme.

But Trump, a long-time critic of the deal who succeeded Barack Obama as president a year ago, pulled out of the pact despite repeated assurances by United Nations inspectors that Iran is in compliance with its obligations.

Iranian Minister of Roads and Urban Development Abbas Akhoundi said the Islamic Republic needs to increase its cooperation with China, Russia, the EU, India, Turkey and its regional neighbors in order to be able to counter the looming U.S. sanctions.

Washington also imposed a series of additional sanctions on Iranian entities and individuals, as well as foreign companies in Iran, squeezing Iran economically.

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If the USA wants negotiations, it should stop pressures and sanctions, Qasemi was quoted as saying by official IRNA news agency.

Senior Iranian officials have warned the country would not easily yield to a renewed USA campaign to strangle Iran's vital oil exports.

The Iranian rial has dropped to a record low amid growing concerns about renewed US sanctions, which kick in on Monday.

President Donald Trump of the United States of America had also informed that he is willing to meet with Rouhani over Tehran's oil ban without preconditions. "Because of some internal problems that Saudi Arabia is facing and certain foreign issues, Mr. Trump's election (as the USA president) and the relations he has established with Saudi Arabia, and Trump's analyses of Iran, they (Saudis) are somehow under the illusion that they may win more concessions from Iran through patience".

Between April and July India's oil imports from Iran has risen by an annual 40% to about 677 500 bpd, the data showed. "China will continue to cooperate with Iran adhering to its worldwide obligations", she added.

Last month around 35 percent of Iranian oil exports went to China.

It said this was part of a pre-planned plot by the US, Israel and Saudi Arabia to exploit economic tensions inside Iran.

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