Tuesday, 6 November 2018

Iran says it is selling the oil it needs to, despite U.S. pressure | Reuters

Iran says it is selling the oil it needs to, despite U.S. pressure | Reuters: Iran said on Tuesday it had so far been able to sell as much oil as it needs despite U.S. pressure, but it urged European countries opposed to U.S. sanctions to do more to shield Iran, as Russia and Turkey also voiced their objections.

The United States on Monday restored sanctions targeting Iran’s oil, banking and transport sectors and threatened more action to stop what Washington called its “outlaw” policies - steps that Tehran called economic warfare and vowed to defy. 


The measures are part of a wider effort by U.S. President Donald Trump to curb Tehran’s missile and nuclear programs and diminish the Islamic Republic’s influence in the Middle East, notably its support for proxies in Syria, Yemen and Lebanon.

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