Iran Receives More European Airplanes Ahead of U.S. Sanction Renewal

China Rejects U.S. Request to Cut Iranian Oil Imports

China Rejects U.S. Request to Cut Iranian Oil Imports

United States officials are now travelling the world in a dramatic effort to stop other countries from buying Iranian oil.

Iran wants guarantees from Europe to maintain banking cooperation and investments in Iran's oil fields as well as continuation of cooperation between Iranian and European small and medium-sized enterprises, Qasemi noted.

The three European signatories to the nuclear deal, the United Kingdom, France and Germany agreed with China and Russian Federation last month to continue to support Iran through the reimposition of USA sanctions.

The US is now also pushing Pyongyang to scrap its nuclear capabilities after President Donald Trump and North Korea's leader Kim Jong Un agreed a vague commitment to "denuclearisation of the Korean Peninsula" at their landmark summit in June.

The officials who spoke to Reuters said the campaign, consisting of speeches and online material paints Iranian leaders in a harsh light, at times using information that is exaggerated or contradicts other official pronouncements, including comments by previous administrations.

US President Donald Trump withdrew from the Iran nuclear deal in May, and Washington now plans to reimpose sanctions on Tehran.

The controversial move was preceded by a deadly crush of Hajj pilgrims in September 2015, which killed more than 460 Iranians. They're the world's largest state sponsor of terror.

The Iranian riyal is down 25% against the dollar.

Fars reported authorities arrested 20 protesters and numerous protest leaders were women.

Some sanctions will take effect from August 6 while others, notably on the petroleum sector, will take effect on Nov 4. The sanctions targeting Iran's oil industry could cut off a crucial source of hard currency.

In January-July, India's oil imports from Iran rose by more than 17 percent to about 612,000 bpd, the data showed.

The strait connects the Persian Gulf to the Arabian Sea.

Iran is also said to have started to offer India cargo insurance and tankers operated by Iranian companies as some Indian insurers have refused to cover oil cargoes from Iran in the face of the returning USA sanctions on Tehran.

"This exercise was conducted with the aim of controlling and safeguarding the safety of the global waterway [in the Persian Gulf]", said General Ramazan Sharif, spokesman for Iranian Revolutionary Guards according to state news agency IRNA.

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