U.S. after increasing oil price to $200: lawmaker

TEHRAN - An Iranian lawmaker believes that the United States is trying to sow the seeds of insecurity in the Persian Gulf region to increase oil price to around $200.

BY: Ebrahim Fallahi

China is Trump’s “safety valve” in disrupted oil market

In the past few weeks the oil market has been witnessing great volatility, as the quivers of the U.S.-China trade war once again hit the fragile market.

MPs move to ‘punish’ U.S. allies

TEHRAN – A number of Majlis members on Saturday filed a proposal aimed at punishing the countries which follow suit the United States in sanctioning Iran.

Iranian MP calls Pompeo’s sanctions remarks ‘disgraceful’

TEHRAN - Alaeddin Boroujerdi, an Iranian lawmaker, has said that U.S. Secretary of State Mike Pompeo’s claim that sanctions are aimed at giving the Iranian people a chance to have better lives is “invalid” and “disgraceful”.

By staff and agency

France, Germany agree to host payment channel to Iran

France and Germany have agreed to host the special vehicle purpose (SPV), a special payment channel created by Europe as part of its efforts to keep trade flowing with Iran in defiance of U.S. sanctions.

Iraqi tribal chiefs slam U.S. sanctions on Iran

TEHRAN – During a conference in Baghdad, heads of 500 Iraqi tribes, including Shia and Sunni, have denounced Washington’s unilateral sanctions against the Islamic Republic, IRNA reported on Tuesday.

Claim that medicine not sanctioned is a ‘big lie’: Iran

TEHRAN – An official from Iran’s Food and Drug Administration has repudiated as a “big clear lie” the claim by Washington that medicine is exempted from sanctions.

U.S. granted Turkey 25% exemption from Iran sanctions: Turkish min.

TEHRAN – Turkish Minister of Energy and Natural Resources said his country has been granted a 25-percent exemption from the U.S. sanctions on Iran, Mehr news agency reported citing a NDTV report.

Trump seeking to economically squeeze Iranians: Rouhani

TEHRAN – Iranian President Hassan Rouhani said on Saturday that the Trump administration has been seeking to economically squeeze the Iranian people and not just the government.

‘Iraq to prioritize own interests regarding Iran sanctions’

TEHRAN – New Iraqi Prime Minister Adel Abdul-Mahdi said on Thursday that Baghdad will prioritize its own interests and independence when it comes to implementing unilateral U.S. sanctions on Iran.

Swiss expect limited impact from U.S.-Iran sanctions

The re-introduction of economic sanctions against Iran by the United States is unlikely to have a major impact on Swiss businesses.