Friday 26th Apr 2019 

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Global Oil Market to Compensate for Reduction in Iran Regime's Oil Exports

Global Oil Market to Compensate for Reduction in Iran Regime's Oil Exports

By Staff Writer

The Trump administration announced at the beginning of the week that the waivers that were in place regarding the import of Iranian oil will not be renewed in May. Last year, President Trump announced that he would be exiting the United States from the Joint Comprehensive Plan of Action (JCPOA). The State Department then announced that it would be expecting all foreign countries to reduce their imports of Iran regime’s oil to zero.

Iran: Inflation Goes Above 50 per Cent

Iran: Inflation Goes Above 50 per Cent

By Hamideh Taati

The Iranian New Year, celebrated at the end of March, should have been a happy time for the people of Iran. A time where they could look towards a more prosperous and positive future. There is no doubt that the people will once again be prosperous, but the Nowruz celebrations this year were overshadowed by the widespread flooding across the country.

Oil Prices Rise Because of Iran Sanctions but Can Be Managed

Oil Prices Rise Because of Iran Sanctions but Can Be Managed

By Amir Taghati

Oil prices hit a six-month high on Tuesday after the US State Department confirmed that it would be ending sanctions waivers on countries importing Iranian oil.

US secretary of state Mike Pompeo said: “We’re going to zero. We will continue to enforce sanctions and monitor compliance. Any nation or entity interacting with Iran should do its diligence and err on the side of caution. The risks are simply not going to be worth the benefits.”

Iran Regime's FATF Division Develops

Iran Regime's FATF Division Develops

By Hamideh Taati

The Iranian Regime’s infighting over the bills related to the Financial Action Task Force (FATF) had already escalated to dangerous levels before the US State Department placed the Islamic Revolutionary Guards Corps (IRGC) onto its lists of Foreign Terrorist Organizations (FTO). Now, the disputes have reached a much more serious level and the passage of these bills represents a decision that will impact on Iran’s current power structure and international relations.

US Ends Sanctions Waivers for Iranian Oil

US End Sanctions Waivers for Iranian Oil

By Staff Writer

The United States said Monday that it will no longer exempt any countries from its sanctions if they continue to buy Iranian oil, stepping up pressure on the Iranian regime in a move that primarily affects the five remaining major importers: China, India, Japan, South Korea, and Turkey.

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