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Oil edges up amid OPEC cuts, US sanctions on Iran, Venezuela
Oil prices gained nearly 3 percent on Tuesday, supported by OPEC-led production cuts, which Saudi Arabia said it would surpass by more than half a million barrels per day (bpd), and by US sanctions against Iran and Venezuela.
Japan's Fuji Oil loads first Iran oil cargo since US sanctions waiver
Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati says Japan has restarted importing crude oil from Iran, with Fuji Oil loading the first such cargo since the United States granted Tokyo waiver over renewed sanctions on the Islamic Republic's energy sector.
India begins settling Iran oil debt after US sanctions
Indian refiners have begun clearing their oil debt to Iran under a new payment mechanism which they put in place after the US reimposed sanctions on the Islamic Republic.
Trump to announce new sanctions against North Korea as South prepares for talks
The United States is due to announce its largest package of sanctions against North Korea to pressure the country into giving up its nuclear and missile programs, as South Korea readies itself for further talks with its leaders.
Erdogan: US sanctions on Iran weren't binding for Turkey
Turkey’s President Recep Tayyip Erdogan argued that his country did not break a trade embargo on Iran as it hadn’t committed to abide by US sanctions, and there were no United Nations restrictions in place, the Hurriyet newspaper reported on Friday.
Criticism of US sanctions returns after Iran quake
With Iranian-Americans abroad unable to send money directly to Iran to aid those affected by this week's powerful earthquake that killed over 430 people, criticism of US sanctions on Iran flared up anew on Thursday.
Putin warns of tough Russia response to insolent US sanctions
Russian President Vladimir Putin has deplored a new round of US sanctions on his country, saying Moscow will definitively respond to the embargos if they are implemented.
US sanctions 11 firms, individuals for transferring technology to Iran
The United States has imposed sanctions on eleven companies or individuals from China, North Korea or the United Arab Emirates for transferring technology to Iran that it claimed could boost the country’s ballistic missile program.
Iran FM urges JCPOA joint commission meeting over US sanctions extension
Iranian Foreign Minister Mohammad Javad Zarif says Iran and the P5+1 group of countries need to hold a joint commission meeting to discuss the recent US move to renew the Iran Sanctions Act in violation of the nuclear agreement between Tehran and the six states.
China hails ‘headway’ in Iran nuclear talks, hopes for deal
China says Iran and the P5+1 group made some progress during the latest round of negotiations over the Islamic Republic’s nuclear program, hoping for the conclusion of a nuclear deal between the parties to the talks as soon as possible.
Venezuelans rally to condemn new US sanctions
Thousands of government supporters in Venezuela have taken to the streets of the capital Caracas to protest against new US sanctions on the country.

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