TOP STORIES
German authorities are considering a request by Iran to
withdraw 300 million euros from bank accounts held in Germany and
transfer the cash to Iran, Bild newspaper reported Monday, citing
unnamed government officials. Tehran is seeking withdraw the funds from
the Europaeisch-Iranische Handelsbank AG (eihbank) because it is
worried that it could run out of cash when fresh U.S. sanctions
against its financial sector take effect, Bild said.
The U.S. Treasury Department said on Monday it had
sanctioned a Malaysia-based sales agent for Mahan Air, an Iranian
airline already under U.S. sanctions in connection with Iran's
alleged support for international terrorism.
A new book has revealed a multimillion-dollar North
Korean blackmail plot targeting Israel in which the hermetic regime
threatened to sell ballistic missiles to Iran unless Israel paid a
billion dollars for it not to.
SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS
The U.S. ambassador to Germany has called on Berlin to
block an Iranian bid to withdraw large sums of cash from bank
accounts in Germany to offset the effect of new U.S. financial
sanctions imposed after Washington withdrew from a 2015 nuclear deal.
Iranian Vice President said on Tuesday it would be a
mistake to think the fresh U.S. sanctions against Tehran would have
no impact on Iran's economy when Washington has started a trade war
with its European allies and Beijing. Eshaq Jahangiri was quoted as
saying by Fars news agency that despite U.S. efforts to reduce Iran's
oil exports to zero, "We will sell as much oil as we can."
Germany remains committed to the nuclear
non-proliferation agreement with Iran that was rejected by U.S.
President Donald Trump, Chancellor Angela Merkel said on Monday, but
it was for individual firms to decide if they wanted to invest there.
Iranian oil shipments to some U.S. allies are being
threatened even before America's Nov. 4 deadline for buyers to curb
imports and comply with renewed sanctions on the OPEC member.
September-loading cargoes are set to be the last to head for Japan if
the Asian nation doesn't receive an exemption from the U.S., people
with knowledge of the matter said.
Asian refiners are seeking alternatives to Iranian oil
from Saudi Arabia, Kuwait, the United Arab Emirates and Iraq after
the United States pledged to renew sanctions on Iran, Kuwait
Petroleum Corp (KPC) Chief Executive Officer Nizar al-Adsani told
Reuters on Monday.
The United States wants to eliminate all Iran's crude
oil exports from November, and is relying on Saudi Arabia and other
OPEC and non-OPEC members to fill the gap in supplies.
The alpine country's Austrian Airlines announced on
Friday that it will stop service to the Iranian cities Isfahan and
Shiraz, delivering another business set back to the Islamic Republic
of Iran's already fragile economic situation.
In a letter to the Secretary of State, Mike Pompeo, more
than fifty Iranian dissidents have urged him to impose sanctions on
the Islamic Republic of Iran Broadcasting (IRIB) for its role in
violation of human rights in the country.
PROTESTS & HUMAN RIGHTS
An Iranian woman who peacefully protested the obligatory
hijab rule by removing her head scarf in public in Tehran in December
says she has been sentenced to two years in prison in addition to an
18-year suspended prison term.
People in the southern Iranian city of Borazjan held
protests Sunday evening for a second day in row over lack of drinking
water.
Women in Iran have posted videos of themselves dancing
online, in support of a teenager who was arrested.
Hua Qu is fighting to save her husband - one of at least
seven U.S. captives being used as pawns in a nearly 40-year secret
history of hostage taking.
SYRIA, RUSSIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN
The Israeli cybersecurity firm ClearSky has exposed
several cases in which Iranian hackers impersonated legitimate
websites.
IRANIAN REGIONAL AGGRESSION
U.S. Secretary of State Mike Pompeo said Tuesday that
America and its Gulf Arab allies want to show Iran its actions have
"a real high cost," stepping up his warnings after Tehran
threatened to disrupt Mideast oil supplies.
CHINA & IRAN
An independent Chinese refiner has suspended crude oil
purchases from the United States and has now turned to Iran as one of
its sources of crude, media reports, citing an official from the
refiner, Dongming Petrochemical Group. What's more, the source said
that Beijing is planning to slap tariffs on U.S. crude oil imports
and replace them with West African and Middle Eastern crude,
including crude from Iran. China has already said that it will not
comply with U.S. sanctions against Iran and it seems to be the only
country for now in a position to do this.
GULF STATES, YEMEN, & IRAN
Foreign military experts are training the Houthi rebels
in Yemen and have provided them with an integrated communications
network, said the Arab Coalition.
A Saudi-led coalition has made no major gains in its
offensive to wrest control of Yemen's Hodeidah port from the
Iran-aligned Houthis, leaving it without the decisive increase in
leverage it had sought against the group in U.N.-sponsored peace
efforts.
IRAQ & IRAN
Iran is exerting pressure on Iraqi Prime Minister Haider
al-Abadi to remove more than 5,000 US experts and consultants from
the country, an informed Iraqi source told Asharq Al-Awsat on Monday.
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