All tagged Europe

Iran Seizes 8.8 Tonnes of Narcotics Destined for Europe

◢ Iran has seized 8.8 tonnes of narcotics destined for Europe and uncovered one of the country's largest trafficking rings, police said Thursday. "This huge narcotics shipment, which was hidden in a petrol tanker and reached here via Iran's eastern border, was supposed to be offloaded and then smuggled to European countries," state television reported.

Iran Supreme Leader Calls European Trade Mechanism 'Bitter Joke'

◢ Iran's Supreme Leader Ayatollah Ali Khamenei called a trade mechanism launched by European countries to bypass renewed US sanctions a "bitter joke" on Thursday, in a speech aired by state TV. "This financial channel they recently set up resembles a joke, a bitter joke," Khamenei told a thousands-strong congregation at a shrine in the northeastern city of Mashhad, where he speaks every year to mark Iranian new year.

Europe Not to be Trusted: Iran Leader

◢ Iran's supreme leader Ayatollah Ali Khamenei said Friday that Europe "cannot be trusted", a week after the EU launched a trade mechanism to bypass US sanctions on Tehran. “These days there's talk of the Europeans and their proposals. My advice is that they shouldn't be trusted, just like the Americans," he said at a meeting with air force officials, his website reported.

Macron Wants Iran to Sell Oil, Urges Dialogue

◢ French President Emmanuel Macron said Tuesday that Iran should be allowed to keep selling oil and urged dialogue as he rejected a US push to isolate the clerical regime. Speaking to reporters after addressing the United Nations General Assembly, Macron said that Iranian sales would bring down the price of oil—a professed concern of US President Donald Trump.

Iran's Options to Face Down US Oil Sanctions

◢ Iran faces a potentially crushing loss of oil exports when US sanctions return in November, but the impact could be blunted by its experience of working around embargoes. When Iran faced its toughest international sanctions between 2012 and 2015, analysts say it found a number of creative solutions, from repainting and renaming ships to switching off their tracking devices.

European Losers in New Iranian Sanctions Game

◢ US President Donald Trump's decision to pull the United States out of the 2015 nuclear accord with Iran and reimpose a raft of sanctions will hit European businesses working in Iran. Here is an overview of how firms stand to be affected when the sanctions kick in Monday.

Iran Accuses US of Breaking Promises

◢ Iran cannot "interact" with the United States as it is a country whose word cannot be trusted, supreme leader Ayatollah Ali Khamenei was quoted as saying on Wednesday. His comments came after US Secretary of State Mike Pompeo on Monday warned that Iran would be hit with the "strongest sanctions in history" and cautioned European firms against continuing to do business in Tehran.


U.S. Trying to Move Forward After Quitting Iran Nuclear Deal

◢ After leaving the Iran nuclear deal, Washington wants to move forward by offering to build a "coalition" to counter the multiple "threats" posed by the Tehran regime—but Europeans intent on saving the 2015 accord may thwart that effort. US Secretary of State Mike Pompeo on Monday will unveil a new "diplomatic roadmap" for Iran.

Iran FM Arrives in China On Diplomatic Tour to Save Nuclear Deal

◢ Iran's foreign minister arrived in Beijing Sunday, Iranian media said, on the first leg of a whirlwind diplomatic tour designed to try and rescue the nuclear deal left on the brink of collapse after the US pulled out. Mohammad Javad Zarif will later fly to Moscow and Brussels to consult with the remaining signatories to the 2015 agreement denounced by President Donald Trump.