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EU could compensate firms hit by U.S. sanctions over Iran: French minister

PARIS (Reuters) - France is looking to see if the European Union could compensate European companies that might be facing sanctions by the United States for doing business with Iran, said French finance minister Bruno Le Maire on Sunday......»»

Category: topSource: reutersMay 20th, 2018

European Officials Look to Blunt Impact of Renewed U.S. Sanctions on Iran

Senior French and German officials said they were looking to help European firms escape the brunt of the reimposition of U.S. sanctions on Iran......»»

Category: topSource: wsjMay 11th, 2018

Difficult to shield German firms after U.S. withdrawal from Iran deal: minister

BERLIN, (Reuters) - - Germany wants to help its companies continue doing business in Iran after the U.S. decision to reimpose sanctions against Tehran, but it could be difficult to shield them from any fallout, Foreign Minister Heiko Maas said on Sunday......»»

Category: topSource: reutersMay 12th, 2018

Huawei claims US charges of stealing trade secrets are an attempt to "irrevocably damage" its image

U.S. prosecutors brought fresh charges against Huawei, accusing the company of stealing trade secrets from American firms and violating sanctions on Iran and North Korea......»»

Category: topSource: moneycentralFeb 14th, 2020

Germany "firmly rejects" U.S. sanctions on Nord Stream 2 firms

Germany's finance minister and vice chancellor, Olaf Scholz, said Berlin "firmly rejects" U.S. legislation imposing sanctions on firms laying the Nord Stream 2 gas pipeline from Russia to Europe......»»

Category: topSource: reutersDec 21st, 2019

New U.S. threat of sanctions are bad for global economy - Le Maire

New tariff threats by the United States on certain French products are bad for the global economy, and France is counting upon the solidarity of its European partners as it looks to challenge the move, the French finance minister said......»»

Category: topSource: reutersDec 3rd, 2019

France and EU ready to respond with sanctions in U.S. trade dispute: French minister

France and the European Union (EU) are ready to respond "with sanctions" if the United States were to reject the hand extended by Europe in the Airbus trade dispute, said French Finance Minister Bruno Le Maire said on Thursday......»»

Category: topSource: reutersOct 3rd, 2019

Zarif Makes Unexpected Arrival At G7: Iran Oil Waiver Resumption In The Works?

Though he had been due in Asia for a scheduled tour to bolster support for relief from US sanctions, Iranian Foreign Minister Javad Zarif's plane made a surprise landing in Biarritz on Sunday, where the Group of Seven (G7) summit is in s.....»»

Category: blogSource: zerohedgeAug 25th, 2019

Iran scrambles to lift petrochemical sales as sanctions hammer oil

Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said, but now risks losing that crucial revenue as Washington tightens the screw on sanctions......»»

Category: topSource: reutersJun 12th, 2019

Beijing Backs Iran, "Firmly Opposes" Unilateral US Sanctions

In the latest sign of Beijing's frustration with the US, the Chinese leadership have reiterated their opposition to American sanctions against Iran. After a meeting with Iranian Foreign Minister Javad Zarif, Chinese Foregin Mi.....»»

Category: blogSource: zerohedgeMay 17th, 2019

Iran says it is close to EU oil sales deal despite U.S. sanctions: report

Iranian Foreign Minister Mohammad Javad Zarif told Russian news agency RIA on Tuesday that Iran was close to an oil sales deal with the European Union, despite the sanctions which have been re-imposed by the United States......»»

Category: topSource: reutersMay 7th, 2019

Iran"s oil minister warns that OPEC collapse is likely

Iran’s oil minister warned that OPEC is in danger of collapse as some nations seek to undermine their fellow members, an apparent reference to Saudi Arabia’s pledge to fill the supply gap created by U.S. sanctions on Iranian exports......»»

Category: topSource: moneycentralMay 3rd, 2019

Iran"s oil minister warns that OPEC collapse is likely

Iran’s oil minister warned that OPEC is in danger of collapse as some nations seek to undermine their fellow members, an apparent reference to Saudi Arabia’s pledge to fill the supply gap created by U.S. sanctions on Iranian exports......»»

Category: topSource: moneycentralMay 3rd, 2019

Nations using oil "as a weapon" causing damage to OPEC -Iran oil minister

Iran's oil minister hit out on Wednesday against the use of oil sanctions "as a weapon" by the United States and the damage it was doing to OPEC, according to SHANA, the news outlet of the OPEC member's oil ministry......»»

Category: topSource: reutersMay 1st, 2019

Saudi Arabia says China has not yet asked for more oil amid tighter Iran sanctions

Saudi Arabia's energy minister Khalid al-Falih told Reuters on Thursday that China has "not yet" asked for more crude oil after the United States decided to end sanction waivers on Iranian oil imports that had permitted Beijing to keep buying from Tehran......»»

Category: topSource: reutersApr 25th, 2019

India to get extra oil from major producers to make up for Iran oil loss: minister

India will get additional supplies from other major oil producing countries to compensate for loss of Iranian oil, India's Petroleum and Natural Gas Minister Dharmendra Pradhan tweeted on Tuesday......»»

Category: topSource: reutersApr 23rd, 2019

Japan expects little impact from U.S. scrapping Iran oil waivers

Japan expects a limited impact from the U.S. decision not to renew waivers previously granted on Iran oil import sanctions, the country's trade and industry minister said on Tuesday......»»

Category: topSource: reutersApr 23rd, 2019

Japan expects limited impact from U.S. move to scrap Iran oil sanctions waivers

Japan expects a limited impact from the U.S. decision not to renew waivers it had previously granted on Iran oil import sanctions, trade and industry minister Hiroshige Seko said on Tuesday......»»

Category: topSource: reutersApr 22nd, 2019

Japan sees limited impact from U.S. decision on Iran sanctions: minister

Japan expects a limited impact from a U.S. decision to force buyers of Iranian crude oil to stop purchases from next month, trade and industry minister Hiroshige Seko said on Tuesday......»»

Category: topSource: reutersApr 22nd, 2019

Turkey criticizes U.S. decision to end waivers on Iran oil sanctions

Turkey slammed the U.S. decision to end waivers on Iranian oil sanctions, saying it would not serve regional peace and stability, its foreign minister tweeted on Monday......»»

Category: topSource: reutersApr 22nd, 2019

Russia, Iran Denounce Airstrikes on Close Ally Syria

The Syrian government’s allies strongly condemned the overnight airstrikes on Assad regime targets, with Iran’s supreme leader branding as “criminals” President Donald Trump, U.K. Prime Minister Theresa May and French President Emmanuel Macron......»»

Category: topSource: wsjApr 14th, 2018