Economy &amp; Sanctions

Reuters: Major Indian Company to Halt Oil Imports from Iran

Reliance Industries, a major Indian oil conglomerate, plans to halt oil imports from Iran due to the reimposition of U.S. sanctions. This move reflects a…

Radio Farda May 30, 2018

The U.S. Sanctions Evin Prison, Ansar Hezbollah, and the Head of Iran's Broadcasting Organization

The U.S. has imposed sanctions on Evin Prison, Ansar Hezbollah, and key Iranian officials for human rights violations and censorship. The sanctions target entities involved…

Radio Farda May 30, 2018

Russia's Second Largest Oil Company Halts Projects Related to Iran

Lukoil, Russia's second largest oil company, has halted its projects in Iran due to concerns over the reimposition of U.S. sanctions. This decision follows a…

Radio Farda May 29, 2018

Swiss Bank Halts Financial Transactions with Iran

The Swiss bank BCP has stopped all new financial transactions with Iran following the U.S. withdrawal from the JCPOA, significantly impacting Iran's financial relations with…

Radio Farda May 28, 2018

Indian Foreign Minister: We Will Not Follow U.S. Sanctions Against Iran

Indian Foreign Minister Sushma Swaraj announced that India will only follow UN sanctions against Iran and not U.S. sanctions. This statement comes ahead of a…

Radio Farda May 27, 2018

Iran's Judiciary Spokesman Threatens Security Forces to Crack Down on Economic and Labor Protests

Iran's judiciary spokesman warned that security forces would crack down on labor and economic protests, claiming they are being exploited by the U.S. and Israel.…

Radio Farda May 25, 2018

Hezbollah Calls on Lebanese Government to Counter US Sanctions

Sheikh Hassan Nasrallah of Hezbollah urged the Lebanese government to defend citizens under US sanctions, asserting that these sanctions are detrimental to the people. He…

Radio Farda May 24, 2018

New US Sanctions Against Several Iranian Airlines

The US has imposed new sanctions on four Iranian airlines and associated individuals and companies for their involvement in transferring weapons and military support to…

Radio Farda May 23, 2018

Bank Accounts of 'Four Famous Individuals' Related to Aid for Earthquake Victims 'Have Been Frozen'

The accounts of four celebrities who attempted to collect donations for Kermanshah earthquake victims have been frozen by the authorities, leading to criticism from officials…

Radio Farda May 23, 2018

Russians and the Aircraft Market in Iran

Following the U.S. exit from the JCPOA, Iran's aircraft market is shifting towards Russian manufacturers like Sukhoi and Irkut, as Boeing and Airbus withdraw. With…

OPEC Likely to Decide on Increasing Oil Production Next Month

OPEC is considering increasing oil production next month due to sanctions on Iran and declining production in Venezuela, which has caused global oil prices to…

The United States Sanctions Five Iranians for Assisting the Houthi Missile Program in Yemen

The U.S. has sanctioned five Iranian individuals for allegedly aiding the Houthi missile program in Yemen, which threatens Saudi Arabia. This action follows Secretary of…

Germany's Inability to Fully Support Companies Against U.S. Sanctions

Germany's Economy Minister Peter Altmaier has acknowledged the government's inability to fully support companies against U.S. sanctions on Iran, following the U.S. withdrawal from the…

Self-immolation of a worker in Abadan due to 'economic problems'

A worker in Abadan self-immolated due to severe economic issues and work-related problems, highlighting the growing distress among Iranian workers facing unpaid wages and harsh…

Reactions to Pompeo's Remarks on 'Harshest Sanctions' Against Iran

Mike Pompeo announced the imposition of the harshest sanctions against Iran, setting 12 conditions for negotiations. Reactions varied, with support from Israel and Gulf states,…

Radio Farda May 21, 2018

Pompeo: The United States Will Impose the Harshest Sanctions in History Against Iran

U.S. Secretary of State Mike Pompeo announced that the U.S. will impose the harshest sanctions against Iran unless it changes its behavior, outlining 12 conditions…

Radio Farda May 20, 2018

Central Bank of Iran: US Sanctioning Seif is Unprofessional

The Central Bank of Iran condemned the US Treasury's sanctions against its governor, Valiollah Seif, labeling them as unprofessional and a violation of international norms.…

Radio Farda May 19, 2018

Bijan Zanganeh: If Europe Helps, Iran's Oil Exports Will Not Decrease

Iran's Oil Minister Bijan Zanganeh emphasized that with European support, Iran's oil exports can be maintained despite potential U.S. sanctions. The discussions between Iran and…

Ongoing Clashes in Kazeroon; 'Damage to Police Vehicles, Arson of a Bank'

Ongoing protests in Kazeroon have escalated into violence, with reports of arson and clashes with security forces. The protests stem from local grievances regarding a…

Danieli Steel Company of Italy: We Have Halted Economic Cooperation with Iran

The Italian Danieli Steel Company has suspended its operations in Iran due to the threat of renewed U.S. sanctions following the U.S. withdrawal from the…

US Warns of Possible Sanctions on Gas Pipeline from Russia to Germany

A US diplomat warned of potential sanctions against the Nord Stream 2 gas pipeline from Russia to Germany due to security concerns and its impact…

The European Commission Announces Measures to Block U.S. Sanctions Against Iran

The European Commission has initiated measures to reinstate blocking regulations to protect European companies from U.S. sanctions against Iran. This comes in response to the…

Radio Farda May 17, 2018

The U.S. Sanctions Hezbollah Representative in Iran and Five Related Companies

The U.S. has imposed sanctions on Hezbollah representatives in Iran and related companies, citing their involvement in financing and supporting terrorism. This includes sanctions on…

Radio Farda May 17, 2018