Thursday, March 4, 2021

Featured News

Turkey In The List of 8 Nations That Can Buy Iranian Oil: Reports

Turkey has information that is one of eight countries that the United States has temporarily excluded from the list of nations that can buy oil from Iran. This was stated on Friday by the Minister of Energy of Turkey Fatih Donmez, reports AFP.

“We know that Turkey is one of the countries in respect of which an exception was made,” Donmez quotes AFP as saying. “However, we do not know the details yet,” added the Minister of Energy of Turkey. He noted that he was pleased that the United States made an exception for Turkey, allowing it to temporarily buy oil from Iran.

US Secretary of State Mike Pompeo said on Friday that the United States on Monday, November 5, will publish a list of eight countries that are temporarily removed from the anti-Iranian restrictions. Pompeo did not name these countries but said that such an exception was not made for the European Union.

On May 8, President Donald Trump announced Washington’s withdrawal from the deal that was signed in 2015 and limited Tehran’s nuclear development in exchange for the lifting of UN Security Council sanctions and unilateral restrictive measures imposed by the US and the EU. 

Trump promised not only to return the previous sanctions but also to introduce new ones, to reduce to Iran’s oil income to zero. The first part of the US sanctions commenced from the night of August 7, these restrictive measures covered, in particular, the automotive sector of Iran, the purchase and sale of gold and a number of metals. The remaining sanctions, including those against the Iranian oil sector, will come into force on November 5.

More News at EurAsian Times

 

Featured News

Which Are The Four Tactical Drones That Are In Race To Replace US Military’s RQ-7 Shadow?

The US Army is currently testing four drones to replace its tactical reconnaissance unmanned air vehicle (UAV), the Textron RQ-7 Shadow. https://eurasiantimes.com/indias-homegrown-lca-tejas-is-a-high-quality-product-compared-to-chinese-fighter-jets/ The US military has...

As India’s Drone Industry Takes Wing, Turkey Emerges As A ‘UAV Superpower’

At a time when India has started investing in military drone technology, Turkey has taken another leap forward by designing its first artificial intelligence...

Pakistan ‘Still In Line’ To Acquire Deadly T-129 ATAK Helicopters From Turkey – Reports

The Pakistani Army’s long wait for attack helicopters could soon be over as reports indicate that Islamabad might be inching closer to a deal...

Why F-15EX Is A Better Option Than F-35 Stealth Jets For The Indian Air Force?

As the US is offering F-15EX jets to the Indian Air Force, many experts have suggested that that the Boeing F-15EX jets could be...

Five Key Reasons Why Pakistan Continues To Be On FATF ‘Grey List’

The Financial Action Task Force (FATF) has decided to keep Pakistan on the “grey list” till June for failing to act on six key...