Thursday, May 2, 2019

Eye on Iran: Iran Vows To Resist U.S. Oil Ban As Its Exports Decline



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A U.S. oil ban won't stop Iran from selling its crude, the country's oil minister said, even as new signs emerged that Tehran's crude exports are heading toward a collapse. The Trump administration will remove exemptions for buyers of Iranian oil beginning on Thursday, enforcing a complete embargo on Iran's crude exports. But "bringing Iran's oil exports to zero is a wish of the Americans, but it is an illusion," Bijan Zanganeh said at an oil-and-gas conference in Tehran on Wednesday.


"I haven't seen my brothers in nine years now." So says Sepehr Atefi, who left Iran in 2009 when he was just 20 years old. Like many members of the Baha'i Faith, Atefi grew up witnessing family and friends suffer from arbitrary detentions, shop closures and harassment on a habitual basis.  "You can't be a teacher, work in the government or run a restaurant because the [authorities consider] Baha'is 'ritually unclean,'" said Atefi, who now lives in Germany and who recently shared his experience of life in the Islamic Republic with The Media Line news agency.


Iranian police have arrested dozens of labor rights activists who rallied peacefully in Tehran to mark International Workers' Day, sparking denunciations from Iranian and global rights activists.  VOA sister network RFE/RL's Radio Farda said eyewitnesses told it that at least 35 people were arrested outside the Iranian parliament during Wednesday's rally marking the occasion also known as May Day.

NUCLEAR DEAL & NUCLEAR PROGRAM


As part of a reshuffle inside Iran's Foreign Ministry, veteran diplomat Bahram Ghassemi was recently appointed as the country's new ambassador to France. Ghassemi's mission is said to be focused on reinvigorating international diplomacy to save the Joint Comprehensive Plan of Action (JCPOA), a deal that has been shaky ever since US President Donald Trump pulled the United States out of it last May. 


Quietly, in southwestern Iran, something is taking place that risks destabilizing any number of the world's political fault lines. Ostensibly with a mission to construct two nuclear reactors, Russian companies are providing hard and soft technical support to Iran's nuclear ambitions. As the activity continues, the Bushehr Nuclear Power Plant - the site of Iran's first commercial nuclear reactor - is once again at the center of questions about the nature of the regime's nuclear plans. 

SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS  


Qatar, which hosts the largest U.S. air base in the Middle East, has spoken out against Washington's decision to block all exports of Iranian oil, saying unilateral sanctions were unwise because they hurt the countries that rely on the supplies. The United States has demanded that buyers of Iranian oil stop purchases by May 1 or face the prospect of sanctions, ending six months of waivers that had allowed Iran's eight biggest customers, most in Asia, to import limited volumes. 


An Iranian oil tanker carrying over 1 million barrels of fuel oil suffered a malfunction in the Red Sea off the coast of Saudi Arabia, authorities said Thursday, raising concerns that the vessel could be leaking. The incident involving the Happiness I came as U.S. oil exemptions for Iranian crude oil purchases expired, part of President Donald Trump's maximalist approach against Tehran. Saudi Arabia's state-run television channels and news agency said authorities received a distress call from the Happiness I over an "engine failure and the loss of control."


The United States is tightening its economic sanctions on Iran by ending a set of waivers Thursday that had allowed some of the country's largest oil buyers to continue their purchases. With the expiration of waivers for eight buyers, Secretary of State Mike Pompeo says the United States would be exerting "maximum pressure" on the Iranian government.


Iranian Oil Minister Bijan Zanganeh has said Tehran was mulling new ways to sell its oil to circumvent US sanctions as he criticized Washington's policy to bring the country's oil exports to zero. The United States has demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, ending six months of waivers that had allowed Iran's eight biggest customers, most of them in Asia, to import limited volumes. Iran is examining new ways to sell its oil, Zanganeh said, according to IRNA. 


Iranian Oil Minister Bijan Namdar Zanganeh on Wednesday claimed two neighbouring countries were "exaggerating" their production capacity to reassure markets after the US ended sanction waivers for buyers of Iranian crude. Zanganeh also said Washington's stated aim to bring Iran's oil exports "to zero" was "an illusion". The White House announced last week it would end from Thursday oil purchase waivers granted to Iran's main customers -- including China, India and Turkey.


Six months of exemptions from US sanctions for countries still buying oil from Iran ended on Thursday. President Donald Trump reinstated the sanctions last year after abandoning a landmark nuclear accord, which he wants to renegotiate. Iran's leaders have remained defiant in the face of the sanctions and vowed to overcome them, but the substantial impact they have had on the country is clear.


US sanctions against Iran are causing fuel shortages in government-held parts of Syria. Iranian ally, the Lebanese Hezbollah group, is also being prevented from sending fuel to Syria. The sanctions are working in favour of Russia, which is looking to step in and fill the gap in supply.

U.S.-IRAN RELATIONS & NEGOTIATIONS


Iranian Foreign Minister Mohammad Javad Zarif on Wednesday criticized the United States for seeking to blacklist the Muslim Brotherhood as a terrorist group. "The United States is supporting the biggest terrorist in our region, and that is Israel," Zarif told reporters on the sidelines of the Asian Cooperation Dialogue in Doha.

MILITARY/INTELLIGENCE MATTERS & PROXY WARS


Iran's Supreme Leader Ayatollah Ali Khameni on Wednesday warned of "the enemy's war posture" and said that the enemy "only in appearance does not have a combat posture". At the same time, Khamenei added that "of course our military is alert". In a meeting with teachers Khamenei spoke about adversary's war readiness and its offensive economic and political moves, as well as its attacks in cyberspace and the "infiltration" of its intelligence organs.

IRANIAN INTERNAL DEVELOPMENTS


Iran has been facing a severe currency crisis in the past year, and that is making many Iranians avoid a formal banking system. Officials in Iran estimate the country's citizens have between $10bn and $25bn in foreign banknotes stuffed under mattresses or kept in safes. That is a problem for the Central Bank of Iran because it needs foreign exchange to shore up the country's beleaguered financial system and pay for imports of food, medicine and other humanitarian goods that are exempt from United States sanctions.


Six months after the US sanctions came into effect, Iran's economy appears to be struggling. Efforts by the international community to salvage the nuclear deal and provide an economic lifeline to Iran to dampen the fallout of the sanctions have not borne fruit so far and recent devastating floods in the oil-producing southwest of the country have only exacerbated the situation.


Over the past year or so, the technology arm of the Central Bank of Iran - the Informatics Services Corporation - has been developing prototypes for a comprehensive, nationwide blockchain platform. Named Borna, the platform aims to offer an integrated environment and common standards as well as reduce the costs of developing blockchain solutions and market entry for all of Iran's banking and financial players.

RUSSIA, SYRIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN


...As bad as that is, he said, antisemitism in the West is eclipsed by that coming from the East, where Iran continuously threatens Israel with destruction. "We do not ignore these threats, but we are not deterred by them," he said. "In the face of Iran, our policy is clear: in the military field - an aggressive containment of Iran's attempts to establish itself militarily near our borders. And in the political arena - pressure, pressure and more pressure. In the face of threats of annihilation, Israel will not extend its neck to slaughter.


Israeli researchers reported Wednesday that violent attacks against Jews spiked significantly last year, with the largest reported number of Jews killed in anti-Semitic acts in decades, leading to an "increasing sense of emergency" among Jewish communities worldwide.

GULF STATES, YEMEN, & IRAN


Iran said Wednesday it hopes to have good relations with arch-rival Saudi Arabia and its allies, and called for an end to their bitter dispute with Gulf neighbour Qatar. Riyadh broke off relations with Tehran in 2016 after protesters angry at its execution of a top Shiite cleric torched its diplomatic missions in Iran. The following year the kingdom and its allies Bahrain and the United Arab Emirates imposed a trade and travel boycott on Qatar, demanding that it mirror their hardline policies towards Iran and the Muslim Brotherhood.


Bahrain's Foreign Minister, Sheikh Khalid bin Ahmed Al Khalifa, warned Iran against "walking towards the abyss", stressing that it "will not be allowed to close for one day the Strait of Hormuz," as the country had warned after the tightening of US sanctions against it. In an interview with Asharq Al-Awsat in Paris, Sheikh Khalid said: "Iran made major mistakes when it intervened in the affairs of the countries of the region and sent its money, weapons and militias.


Yemen's government forces on Wednesday accused the Houthi rebels of committing 3,719 cease-fire violations in the Red Sea port city of Hodeidah since December 2018, killing 140 civilians. "The army has monitored 3,719 violations committed by the Houthi militia in the province of Hodeidah since the truce took effect on Dec. 18, 2018," Spokesman of the National Army Abdu Majali said during a news conference held in the northern province of Marib. Majali said the Houthi violations resulted in "killing 140 citizens and wounding 811 others, mostly women and children."






Eye on Iran is a periodic news summary from United Against Nuclear Iran (UANI) a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Eye on Iran is not intended as a comprehensive media clips summary but rather a selection of media elements with discreet analysis in a PDA friendly format. For more information please email press@uani.com.

United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons.  UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.

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