Politics of Iran

UN rejects Iran arms embargo extension, crisis looms

The United Nations Security Council overwhelmingly rejected a U.S. resolution to extend an Iranian arms embargo on Aug. 14, in a move with huge repercussions for the Iran nuclear deal.

Only two of the Council's 15 members voted in favor, highlighting the division between Washington and its European allies since President Donald Trump withdrew from the nuclear accord in May 2018.

US believes Iran was 'directly involved' in killing of Iranian dissident in Turkey

The United States believes Iran's Ministry of Intelligence and Security was directly involved in the killing of an Iranian dissident last November in Turkey, a senior administration official told Reuters on April 1.

Masoud Molavi Vardanjani was shot dead on an Istanbul street on Nov. 14, 2019.

Halkbank to appear in US court in sanctions case

Turkish state lender Halkbank will be arraigned in a U.S. court next week to face a federal indictment for alleged evading Iran sanctions.

The bank was represented by the law firm of King & Spalding at a hearing on Feb. 25 and attorneys said it agreed to appear at the proceedings.

Halkbank was charged in October with attempts to evade U.S. sanctions on Iran.

US Imposes new Sanctions on Iran

The United States has imposed new sanctions on Iran today, Reuters quoted as referring to the US Treasury Department's website.

The subject of the new sanctions are two individuals and six international companies, including four companies that work with the National Iranian Oil Company.

Oil prices down with lost gains after Trump's comments

Crude oil prices were down on Jan. 8 having lost gains recorded in the previous sessions after U.S. President Donald Trump's comments to calm tensions in the Middle East.

"Iran appears to be standing down, which is a good thing for all parties concerned," Trump said on Jan. 8 amid Iran's attack on two locations in Iraq earlier in the day.

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