NEWS
ECONOMY   Oil  

Germany Says Checking How to Protect Companies Affected by Iran Sanctions

A German government spokesman said Berlin is exploring ways to protect companies affected by sanctions reimposed on Iran by Washington by enabling legal business relations with Tehran.

“We are assessing how we will be able to protect the basis of our business engagements there,” government spokesman Steffen Seibert said, Reuters reported on Monday.

The US government imposed a new round of sanctions on Iran on November 4.

On May 8, the US president pulled his country out of the Joint Comprehensive Plan of Action (JCPOA), the nuclear deal that was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).

The US had announced plans to drive Iran’s oil exports down to zero, but backed off from its policy and granted waivers to at least 8 countries that import Iranian oil.

News No: 2508
Date: 2018/11/06 - 10:58
News Source: Tasnim News Agency

Germany  Iran Sanctions  JCPOA  oil  US 

Comments:

Leave a Comment:

   
   
   
 

Iraq restarts exports of Kirkuk crude oil through Ceyhan pipeline

The federal government of Iraq has restarted exports of Kirkuk crude oil through the Kurdistan-Turkey pipeline Friday, paving the way for a rise in loadings from OPEC's second-largest producer.
 

Bald Hill partners in new lithium offtake talks

Joint-venture partners Tawana Resources and Alliance Minerals Assets have started offtake discussions for the increased lithium concentrate that they expect to come from their Bald Hill mine in Western Australia.
 

Colombia needs to double oil reserves: Duque

Colombia must discover about 2bn bls of new crude reserves to remain self-sufficient, said Colombian President Ivan Duque, with unconventional resources providing the best opportunities.
 

East Asia likely to get first Corpus Christi LNG cargo

The first cargo from Cheniere Energy's Corpus Christi LNG export plant in south Texas likely will go to east Asia, Cheniere chief executive Jack Fusco said today.
 

Paulson & Co keeps stake in gold investments during Q3 -filing

Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal.
 

EU Wants Austria to Defy Trump by Hosting Special Purpose Vehicle

European Union countries want to defy US President Donald Trump and keep funds flowing to Iran to save the nuclear agreement -- just as long as it doesn’t happen in their backyard.
Upcoming Events
Find a Job !
Tenders
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners