Iran's Zarif Says China 'Pivotal' to Salvaging Nuclear Deal, China Agrees

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran Iran on Saturday Jan. 6 2018. A wave of bad loans from unregulated lenders has rocked the banking sector and oil prices have aver

Have Shame Khamenei’ Hundreds of Iranians Protest Currency Slump in Isfahan Ali Mohammadi Bloomberg via Getty Images 1 Aug 2018

According to Bloomberg news agency, which cited two officials familiar with the negotiations, Beijing, however, agreed not to increase purchases of Iran's crude.

Sporadic protests were taking place in cities in Iran for a fourth day, with demonstrators attacking a Shi'ite seminary west of Tehran, according to Iranian news agencies and social media on Saturday, as Iranians brace for a return of USA sanctions.

As an original signatory, the USA also pledged to waive secondary sanctions as long as Iran continued to abide by the deap.

Washington made a decision to reimpose sanctions and has told other countries they must halt all imports of Iranian oil from November 4 or face USA financial measures.

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China and ASEAN have held talks for years to try to ease tensions and prevent the disputes from degenerating into open conflicts. Pompeo also highlighted the fact that the USA will continue to pressurise North Korea to give up on its nuclear weapons.


Iranian protesters have attacked a religious school in Karaj province near Tehran, the conservative Fars news agency reported on Saturday, as sporadic protests simmered ahead of the reimposition of United States sanctions. The activity extended to the Strait of Hormuz, a strategic waterway for oil shipments the Revolutionary Guards have threatened to block.

If the USA wants negotiations, it should stop pressures and sanctions, Qasemi was quoted as saying by official IRNA news agency. "It shows they have not thought about its consequences", Rouhani was quoted as saying by state news agency IRNA while on an official visit to Austria's capital, Vienna, in July.

WTI settled down 47 cents to $68.49 per barrel, and Brent fell 24 cents to $73.21 per barrel, causing Jim Ritterbusch, president of Ritterbusch & Associates, to remark, "It's a jittery feel here, as long as we have Iranian sanctions uncertainty and tariff uncertainty, and it doesn't take much to spark a significant swing one way or the other".

Sanctions will also be reapplied to USA imports of Iranian carpets and foodstuffs and on certain related financial transactions.

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Le fort de Brégançon , est depuis 1968, la résidence officielle, des chefs d'État français . Mais "nous devons encore trouver un accord sur des points importants", précise-t-il.


Iran wants guarantees from Europe to maintain banking cooperation and investments in Iran's oil fields as well as continuation of cooperation between Iranian and European small and medium-sized enterprises, Qasemi noted.

Preliminary tanker arrival data cited by Reuters on Thursday showed that the Asian country increased purchases of Iranian crude by about 30 percent to a record 768,000 barrels per day (bpd) as state refiners' intake surged ahead of U.S. sanctions in November.

Iran's semi-official Fars news agency reports that a man taking part in a protest in the northern province of Alborz was fatally shot.

China - the world's top crude buyer and Iran's No. 1 customer - has said previously that it opposed unilateral sanctions and lifted monthly oil imports from the country by 26 percent in July.

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And he didn't apologize Saturday for his decision either. "I want to address the elephant in the room". And I know exactly what he brings to the table. "They went with the younger receivers".


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