U.S. renews Iran sanctions, grants oil waivers to China, seven others

WASHINGTON (Reuters) - The United States snapped sanctions back in place on Monday to choke Iran's oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic. Having abandoned a 2015 Iran nuclear deal, U.S President Donald Trump is trying

U.S. ratchets up pressure on Iran with resumption of sanctions

WASHINGTON (Reuters) - The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. The move will restore U.S. sanctions that were

Iran says it will defy ‘economic war’ as U.S. reimposes curbs

Iran said it would defy the reimposition of more U.S. sanctions on Monday, condemning as "economic war" Washington's attempt to curb Tehran's missile and nuclear programs and weaken its influence in the Middle East. The U.S. move restores sanctions lifted under a 2015 nuclear deal negotiated by the administration of President

U.S. allows eight importers to keep buying Iran oil for now

The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it re-imposes sanctions on Monday to try to force Iran to curb its nuclear, missile and regional activities. U.S. Secretary of State Mike Pompeo, who announced the decision, did not name the eight,

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