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Showing posts with label sanctions. Show all posts
Showing posts with label sanctions. Show all posts

#Mideast: United States Warns China Against Buying Iranian Crude Oil

#Mideast: United States Warns China Against Buying Iranian Crude Oil


The United States of America has again warned China that it will not turn a blind eye to rising Iranian oil exports to Chinese ports, the Financial Times reported

The report, citing a senior Biden administration official says Washington has not missed the substantial increase in Iranian crude shipments to China. 

U.S reminded Beijing that there are still sanctions in place against the Islamic republic of Iran. “We’ve told the Chinese that we will continue to enforce our sanctions,” the unnamed official told the FT. “There will be no tacit green light.”

Yet the Trump-era sanctions may be waived if Iran and the U.S. make it to the negotiation table. “Ultimately, our goal is not to enforce the sanctions; it is to get to the point where we lift sanctions and Iran reverses its nuclear steps,” the official told the FT.

The Asia leader and the second largest economy has been ramping up shipments of crude from Iran  from an average of 306,000 bpd last year. 

This month, China has been taking in some 856,000 bpd of Iranian crude—a 129-percent rise over February. The China’s interest in Iranian oil has been based on a comprehensive strategic partnership between the two countries. The initiative expects trade between the two countries to reach $600 billion over the next decade

In addition, China’s Belt and Road initiative (BRI) attempts to strengthen regional political, economic, and strategic ties, with a focus on the energy industry. But Iranian oil is also attractive for a very simple reason: Iran is selling it at a deep discount because of the sanctions. 

According to oilprice.com The low price makes Iranian crude attractive for other Asian buyers too, such as India, which has been on the hunt for alternatives to Middle Eastern OPEC oil because of its high price.

As regarding the President Donald Trump Era sanctions that are still in effective which Iran tagged economic terrorism against the Islamic Republic, Tehran has insisted that the Wasington first lift sanctions before negotiations on the nuclear deal start while the U.S. wants negotiations first, sanction-lifting later.


Economic Terrorism, Genocidal Taunts Won't 'End Iran' - FM Zarif Reply Trump

The United States of America has again warned China that it will not turn a blind eye to rising Iranian oil exports to Chinese ports, the Financial Times reported

The report, citing a senior Biden administration official says Washington has not missed the substantial increase in Iranian crude shipments to China. 

U.S reminded Beijing that there are still sanctions in place against the Islamic republic of Iran. “We’ve told the Chinese that we will continue to enforce our sanctions,” the unnamed official told the FT. “There will be no tacit green light.”

Yet the Trump-era sanctions may be waived if Iran and the U.S. make it to the negotiation table. “Ultimately, our goal is not to enforce the sanctions; it is to get to the point where we lift sanctions and Iran reverses its nuclear steps,” the official told the FT.

The Asia leader and the second largest economy has been ramping up shipments of crude from Iran  from an average of 306,000 bpd last year. 

This month, China has been taking in some 856,000 bpd of Iranian crude—a 129-percent rise over February. The China’s interest in Iranian oil has been based on a comprehensive strategic partnership between the two countries. The initiative expects trade between the two countries to reach $600 billion over the next decade

In addition, China’s Belt and Road initiative (BRI) attempts to strengthen regional political, economic, and strategic ties, with a focus on the energy industry. But Iranian oil is also attractive for a very simple reason: Iran is selling it at a deep discount because of the sanctions. 

According to oilprice.com The low price makes Iranian crude attractive for other Asian buyers too, such as India, which has been on the hunt for alternatives to Middle Eastern OPEC oil because of its high price.

As regarding the President Donald Trump Era sanctions that are still in effective which Iran tagged economic terrorism against the Islamic Republic, Tehran has insisted that the Wasington first lift sanctions before negotiations on the nuclear deal start while the U.S. wants negotiations first, sanction-lifting later.


Economic Terrorism, Genocidal Taunts Won't 'End Iran' - FM Zarif Reply Trump

Russian FM Lavrov Says Moscow Will Respond in Kind to Sanctions Against Russia Over Navalny Case

Russian FM Lavrov Says Moscow Will Respond in Kind to Sanctions Against Russia Over Navalny Case

 






Russian Foreign Minister Sergei Lavrov has said Moscow will respond in kind to the EU sanctiona against Russia over Russian opposition figure Alexei Navalny poisioning case.

Lavrov had earlier on Tuesday said that the European Union had adopted the US style of threatening and punishing states with sanctions. "People who are responsible for the Western foreign policy and do not understand the need for mutually respectful dialogue, we probably have to suspend dialogue with them for a while. Especially since [President of the European Commission] Ursula von der Leyen is saying that the geopolitical cooperation with the current Russian authorities is not working. So let it be if that's what they want," Lavrov said at a session of the Valday discussion club.


The Russian FM's statement comes a day after foreign ministers of the European Union reached an agreement to impose sanctions on Russia over the alleged poisoning of Navalny, citing a violation of the International Chemical Weapons Convention.

Commenting on the decision, the Russian foreign minister said that the European Union had adopted the US style of threatening and punishing states with sanctions.

"The European Union is actively pursuing the path of the United States relying more and more on threats and sanctions. Two mechanisms have been established to punish those who use chemical weapons according to the EU and those who violate human rights, again, according to the EU," Lavrov said during a presentation of Valdai International Discussion Club's report, dubbed "The Utopia of a Diverse World: How History Continues."

According to the top Russian diplomat, such mechanisms violate the principles of the UN Charter and are outside the framework of the UN Security Council.

Russia has demanded that Germany provide evidence on the Navalny case and make the case materials available to Russian investigators. The Organisation for the Prohibition of Chemical Weapons (OPCW) issued a report last week stating that traces of a toxin not in the OPCW's registry of prohibited chemicals had been found in Navalny's system.

In a recent interview with the German Spiegel news magazine, Navalny accused Russian President Vladimir Putin of being behind his alleged poisoning. The Kremlin called his statement "extremely insulting and unacceptable."

 






Russian Foreign Minister Sergei Lavrov has said Moscow will respond in kind to the EU sanctiona against Russia over Russian opposition figure Alexei Navalny poisioning case.

Lavrov had earlier on Tuesday said that the European Union had adopted the US style of threatening and punishing states with sanctions. "People who are responsible for the Western foreign policy and do not understand the need for mutually respectful dialogue, we probably have to suspend dialogue with them for a while. Especially since [President of the European Commission] Ursula von der Leyen is saying that the geopolitical cooperation with the current Russian authorities is not working. So let it be if that's what they want," Lavrov said at a session of the Valday discussion club.


The Russian FM's statement comes a day after foreign ministers of the European Union reached an agreement to impose sanctions on Russia over the alleged poisoning of Navalny, citing a violation of the International Chemical Weapons Convention.

Commenting on the decision, the Russian foreign minister said that the European Union had adopted the US style of threatening and punishing states with sanctions.

"The European Union is actively pursuing the path of the United States relying more and more on threats and sanctions. Two mechanisms have been established to punish those who use chemical weapons according to the EU and those who violate human rights, again, according to the EU," Lavrov said during a presentation of Valdai International Discussion Club's report, dubbed "The Utopia of a Diverse World: How History Continues."

According to the top Russian diplomat, such mechanisms violate the principles of the UN Charter and are outside the framework of the UN Security Council.

Russia has demanded that Germany provide evidence on the Navalny case and make the case materials available to Russian investigators. The Organisation for the Prohibition of Chemical Weapons (OPCW) issued a report last week stating that traces of a toxin not in the OPCW's registry of prohibited chemicals had been found in Navalny's system.

In a recent interview with the German Spiegel news magazine, Navalny accused Russian President Vladimir Putin of being behind his alleged poisoning. The Kremlin called his statement "extremely insulting and unacceptable."

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