Wednesday, 26 September, 2018

Protests continue in Iran for fifth day as U.S. sanctions loom

Protests continue in Iran for fifth day as U.S. sanctions loom Protests continue in Iran for fifth day as U.S. sanctions loom
Lindsey Cook | 05 August, 2018, 22:13

Iranian authorities have barely mentioned days of protests in the major cities of Isfahan, Shiraz, Mashhad and Tehran, driven by concerns over water, the economy and wider anger at the political system.

On the back of renewed tensions between Iran and the United States, the Islamic Republic's President Hassan Rouhani delivered a thinly-veiled threat to hamper oil shipments in the Gulf.

"Most have two passports and their families are overseas".

But as the new Indian fiscal year began in April, refiners have been taking more Iranian oil imports compared to the previous fiscal year, as Iran offered incentives such as extended credit periods and nearly free shipping to keep its market share in India-Tehran's second-largest oil customer after China.

In Washington, the US State Department said on its Persian-language Twitter account: "While it is ultimately up to the #people_of_Iran to determine their country's path, #America supports the voice of the Iranian people, which has been ignored for a long time".

In June, the US state department said that countries buying oil from Iran should bring down to zero their Iranian crude imports by the time Washington re-imposes sanctions on November 4.

Following Trump's decision to quit the historic Iran nuclear pact on May 8, the United States vowed to reimpose sanctions lifted under the accord against Iran and inflict punishments like secondary sanctions on nations that have business links with Iran.

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Also last month, China, which is Iran's biggest customer, said it did not accept unilateral sanctions against Iran.

Asked about the future of diplomatic relations between Tehran and Riyadh, Qassemi said Switzerland has been representing Iranian interests in Saudi Arabia under an agreement reached with Bern eight months ago.

The Associated Press reported that a shipment of five new ATR72-600 planes arrived in Tehran as part of a deal with a French-Italian manufacturer for 20 aircraft.

Iran says the sanctions are endangering lives by blocking the sale of new planes and spare parts for its ageing fleets.

Since President Donald Trump announced in May that the US would be withdrawing from the Iran nuclear deal and restoring sanctions on the country, Washington officials have attempted to convince foreign governments to stop importing Iranian oil.

She said the collapse in the rial, which has lost more than half its value since April, was driven by people rushing to secure their savings in dollars because they lack faith in the government.

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