0532 GMT February 21, 2019
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Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by US sanctions on Iran and Venezuela.
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Iran’s exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker data and industry sources, as some customers have increased purchases due to waivers from US sanctions.
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Iran’s Leader Ayatollah Seyyed Ali Khamenei said on Monday the fact that millions of people celebrated the 40th anniversary of the 1979 Islamic Revolution last week once again proved that the enemies cannot hurt the Iranian nation.
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The resolution approved by the US House of Representatives to end Washington’s support for the Saudi war on Yemen is “meaningless,” says a political commentator, adding that economic sanctions should be imposed on Riyadh for its military aggression against the impoverished nation.
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Iraqi Parliament Speaker Mohammed al-Halbusi reiterates his country’s opposition to sanctions imposed by the United States against Iran.
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The German ambassador to Tehran Wednesday said his country will continue to expand economic relations with Iran regardless of US anti-Iran sanctions.
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South Korean firms to resume purchasing Iran condensates
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Syria’s mission to the United Nations has vehemently condemned the economic sanctions targeting the country, saying they blight the lives of ordinary Syrians.
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International Desk
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Maduro: US stealing Venezuela’s oil revenue
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Political Desk
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Iran’s nuclear chief urged Sunday the European Union to launch a promised payment mechanism meant to maintain trade with Iran and bypass unilateral sanctions by the United States “before it is too late.”
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Iran strongly criticized France for threatening to impose new sanctions against the Islamic Republic over its missile program, vowing to reconsider its relations with European countries in case such bans are imposed.
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Economic Desk
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Japanese refiners have loaded Iranian oil onto a tanker, resuming imports after halting purchases because of sanctions by the United States, an Iranian official and a spokesman for a Japanese refinery said on Monday.
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