US officials divided over Iran access to swift

The Kiira EV Smack was built by students of Makerere University. FILE

US sanctions will target Iran's crude oil exports from November 4, and Washington has been putting pressure on governments and companies worldwide to cut their imports to zero.

None of the Iranian crude exported in the first week of October is heading for Europe, according to the Refinitiv data.

Although US sanctions against Iran begin on November 5, the US State Department is reportedly looking at reduction waivers for individual countries - with India cited - to give them more time to replace oil imports from Iran.

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia.

"Any country that makes such claims. just wants to display its support for the United States sanctions against Iran", Zanganeh was quoted as saying. "We do not know if we will get waiver (from U.S. sanctions) or not".

U.S. sanctions against Iran will kick in from 4 November, which will block payment routes.

Both Iran and Russian Federation have condemned the Trump administration for withdrawing from the deal, a move that will reimpose USA sanctions suspended under the accord to choke off the Iranian economy. Last applied from 2012 to 2015, the sanctions are in retaliation for Iran's supposed nuclear proliferation program.

Lawsuit: Steelers' Antonio Brown almost hit toddler in furniture-throwing rage
Sternberg claims that his daughter now shows "symptoms of fear and anxiety" and is "having night tremors every night". Cops found the women who said they had been hired and authorized by someone claiming to be Brown's representative.

Some energy market analysts expect around 500,000 barrels per day (bpd) to disappear once US sanctions against Iran come into force, while others have warned as much as 2 million bpd could come offline over the coming months.

On Monday, British daily the Financial Times said European finance ministers will meet US Treasury Secretary Steven Mnuchin in Bali this week and pressure him on allowing Iran to have access to SWIFT.

UCO Bank had in the previous round of sanctions handled rupee payments. "It's certainly not the opinion of President Trump, it's not what he told them to do, and it's not how Congress is going to proceed moving forward".

SWIFT leaders were in Washington, D.C., last week holding meetings with Trump administration officials to ensure that Iran retains its access to the global banking system. Zanganeh said such remarks had no "real impact on the market" but were part of a psychological war against Iran, Reuters reports. "Any country that makes such claims... just wants to display its support to the U.S. sanctions against Iran", Zanganeh said.

Oil has been supported by concern that the Iranian export loss will leave a thinner margin of unused production capacity to deal with supply shocks.

He argues that it would put in jeopardy projects such as Chabahar Port in south-eastern Iran which India sees as both an entry channel for Afghanistan and counter-balance to the nearby Chinese-built Gwadar port just across the border in south-western Pakistan. "This time Europe is not working with the USA, so we intend to evolve a mechanism".

Related:

  • New Chromecast Costs Same $35, Comes in Chalk and Charcoal

    New Chromecast Costs Same $35, Comes in Chalk and Charcoal

    On top of that, Google says you'll be able to add this refreshed Chromecast to speaker groups, meaning multi-room audio goodness. A few days ago, a Chromecast buyer revealed that Best Buy sold him a third-gen model that doesn't officially exist.
    Hamilton urges media 'to show more respect' for Vettel

    Hamilton urges media 'to show more respect' for Vettel

    Hamilton and Vettel were separated by just one race win when the traditional F1 summer break commenced in July. "Those are the races that I love, and I would welcome them more and more, but unfortunately it just isn't the case".
    Kavanaugh to hear first arguments as Supreme Court justice

    Kavanaugh to hear first arguments as Supreme Court justice

    Wednesday - The court will listen to a case made by Navy sailors seeking justice for injuries they received by asbestos exposure. People hoping to see Justice Brett Kavanaugh's first day on the Supreme Court bench are waiting in long lines outside the court.
  • #HimToo: Mum's counter-campaign attempt becomes mocking meme

    #HimToo: Mum's counter-campaign attempt becomes mocking meme

    He doesn't go on solo dates with women because he doesn't know if they're alive or not. 'He goes a little mad sometimes. He said he had four soldiers working for him who spent the next 11 months asking "if I had called my mother".
    Fans Fight and Confront Police After Conor McGregor, Khabib Nurmagomedov Fight

    Fans Fight and Confront Police After Conor McGregor, Khabib Nurmagomedov Fight

    White says Khabib had the opportunity to walk out of that place a champion, instead of flying over the cage and doing the things that he did.
    Taylor Swift sparks voter registration spike nationwide

    Taylor Swift sparks voter registration spike nationwide

    Model Chrissy Teigen, actress Blake Lively and singer Perry were among those adding "likes" to Swift's Instagram post . Taylor Swift's political Instagram statement had an impact on voter registration! Look what Taylor Swift made you do.
  • Nikki Haley resigns as United Nations  ambassador

    Nikki Haley resigns as United Nations ambassador

    Secretary-General Antonio Guterres thanked Haley for her "excellent cooperation and support", his spokesperson told Reuters . CREW reports that all three men donated to Haley's campaign when she was running for re-election to be governor of SC .
    Basilashvili sets up Beijing showdown with Del Potro

    Basilashvili sets up Beijing showdown with Del Potro

    The Argentine player praised both semifinalists, noting that Edmund is a hard opponent, while Basilashvili has great potential. The Argentine star said he wishes Fognini all the best so that he can recover and be fit for the next tournament in Shanghai .
    Mark Ruffalo Gets Political With 'Avengers 4' Title

    Mark Ruffalo Gets Political With 'Avengers 4' Title "Reveal"

    However, this totally doesn't mean that "The Last Avenger " is going to be the film's title. However, it seems unlikely the actor would reveal the actual title of the film for a gag.
  • Ousted Guardians of the Galaxy director switches camps, tied to new DC Comics film

    Ousted Guardians of the Galaxy director switches camps, tied to new DC Comics film

    But when Gunn was sacked by Disney for offensive tweets that resurfaced, Bautista became a very vocal supporter of Gunn. The cast of Guardians Of The Galaxy have defended Gunn since the tweets were unearthed.
    Brewers stymie Rockies again, take 2-0 series lead

    Brewers stymie Rockies again, take 2-0 series lead

    Pitching has dominated this series up to this point, and both teams have a pair of solid starters going in game three. National League MVP candidate Christian Yelich was the only position player who didn't deliver a hit in the contest.
    UN Ambassador Haley resigning; she gives no reason

    UN Ambassador Haley resigning; she gives no reason

    He told reporters in the Oval Office that she would be leaving the post at the end of the year after doing "an incredible job". The former SC governor, 49, announced her decision on October 9 after meeting with President Donald Trump in the Oval Office.

Comments

Latest news

ECU atmospheric professor weighs in on new climate change report
This means no more Carbon dioxide should be put out than is being removed by current measures, such as planting trees. Currently, however, the world is on track to see between 2.7 and 3.4 degrees of warming, the IPCC has said.

Microsoft puts Windows 10 update on hold after file deletion reports
Dona Sarkar, engineering leader of the Windows Insider Program has tweeted that Microsoft is able to restore the removed files. And what if your files are missing? Alternatively, you can manually download these files from Microsoft Update Catalog .

Bruno Mars ‘hires’ Ed Sheeran to sing him happy birthday
He further captioned the post with "You know you've made it when you can hire Ed Sheeran to sing you Happy Birthday". The video was posted from backstage at Bruno's '24K Magic Tour in Nashville, USA.

Hurricane Michael strengthens to Category 2 and takes aim at north Florida
The hurricane is expected to make landfall Wednesday in Florida before crossing Georgia and the Carolinas as a weaker storm. The sheriff's office says Wakulla County shelters were rated safe only for hurricanes below that threshold.

Early Intervention in mental health conditions is crucial
Changing Minds is a project run by Newport Mind, which aims to raise awareness of mental health for young people. It is important to highlight the difference between mental health and a mental health condition.

Ereck Flowers release generates strong reactions from Giants fans
The release of Flowers, who had been the butt of jokes in NY for years, generated strong reactions from the Giants faithful. In contrast, he turned out to be quite the opposite - a liability and the face of numerous Giants' offensive line failures.

Google pulls out of $10 billion Pentagon cloud contract over AI concerns
The Department of Defense's JEDI ( Joint Enterprise Defense Infrastructure ) project could have worth up to $10 billion. The company did, however, add that they are still "working to support the US government with our cloud in many ways".

SNL savaged Kavanaugh & Senate Republicans last night. They deserve it.
That's right: We got Chuck Schumer, who complained about a cold and admitted, "We thought it would go better than the Anita Hill hearing, because Dr.

Aaron Ramsey: Ian Wright backs Arsenal contract 'stance' on Wales misfielder
After the match, Emery hailed Torreira's maturity on the field of play and explained what stands out most about the Uruguayan. We will enjoy it, we are working well and we want to continue like this.

The Official Trailer Has Dropped For 'Making A Murderer Part 2'
A Wisconsin judge denied Avery a new trial in October, and a federal appeals court upheld Dassey's conviction in December. Part 2 once again follows filmmakers Laura Ricciardi and Moira Demos as they continue to shed insight on the Avery case.

Irish data regulator seeks information from Google on security bug
Google's announcement doesn't specifically state how many people are actually using Google+, only saying that it's "low". From that point forward, G+ will continue on as an enterprise product, where many companies seem to use it heavily.

Jamal Khashoggi: Turkey 'wants Saudi consulate to prove man left'
Republican Senator Lindsey Graham said Riyadh must provide "honest answers" about the journalist. However, we have confirmed through multiple sources that he was killed.

Nobel Prize for Economic Sciences awarded to William Nordhaus, Paul Romer
Its supporters encourage governments and the private sector to foster innovation and incentives for increased creativity. Protecting the environment has become a major concern across the globe as more people are talking about climate change .

Jay Ajayi is out for the season with a torn ACL
The Eagles were already depleted at running back as Darren Sproles and Corey Clement have been out with injuries. Ajayi totaled 873 rushing yards last season, playing seven games for both the Eagles and Dolphins.

Busy Philipps: 'I was bullied by James Franco on Freaks & Geeks'
However, Philipps claims that he was never truly punished for his alleged behavior. "This is me at 14", she wrote on Instagram. Philipps alleges Franco was a "f-king bully" on set - and once shoved her to the ground in a fit of anger, the site reports.

Other news