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Sanction

  • EghtesadOnline: A senior official said the US move to impose sanctions on Iran’s nuclear chief shows Washington’s desperation in dealing with Tehran.

  • EghtesadOnline: The United States has decided not to impose sanctions on Iranian Foreign Minister Mohammad Javad Zarif for now, sources familiar with the matter told Reuters on Thursday, in a sign Washington may be holding a door open for diplomacy.

  • EghtesadOnline: Germany plans to ban Iranian airline Mahan Air from its airports, media reports said on Monday, in an escalation of sanctions adopted by the European Union against Iran.

  • EghtesadOnline: The Trump administration abandoned the Iran nuclear deal this year and is reimposing sanctions. The sanctions leave western companies and banks with a stark choice. If they do business with Iran, they lose access to the American market and financial system. Not surprisingly, businesses and banks have been cutting ties with Iran or shelving plans to invest there. But one important financial link to the country remains: the financial messaging service that plays a crucial role in moving money around the international banking system.