May 2018
Reuters: Iran Seeks OPEC Support Against US Sanctions
Iran's Oil Minister has reached out to OPEC for support against US sanctions, opposing Saudi Arabia's proposal to increase oil production. This situation arises in…
Zangeneh Gave Total Two Months to Negotiate with the US and Decide on Staying in Iran
Iran's Oil Minister Bijan Zangeneh has given the French company Total two months to negotiate with the US regarding its operations in Iran following the…
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…
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…
Macron Dismisses Trade War with the US Over Iran Nuclear Deal
Emmanuel Macron has dismissed the idea of a trade war with the US over the Iran nuclear deal, emphasizing that European companies face tough choices…
The Largest Shipping Company in the World Stops Operations in Iran
Maersk, the world's largest shipping company, has announced it will stop operations in Iran due to impending U.S. sanctions, joining other major companies like Total…
If Total Exits South Pars, Its Share Will Go to the Chinese
Iranian officials assert that the oil and gas sector will continue to develop despite potential U.S. sanctions and uncertainty surrounding Total's involvement in the South…