TOP STORIES
The U.S. government is considering additional sanctions
against Iran that would target areas of its economy that have not
been hit before, a senior Trump administration official told
reporters on Monday. The official said the administration aimed
to follow through with new sanctions around the first anniversary of
the U.S. withdrawal from a 2015 nuclear deal between Iran and several
world powers, which President Donald Trump announced last May.
Hezbollah has built a new missile factory in Beirut with
the help of Iran, a Channel 13 report revealed on Monday night.
Israeli intelligence reportedly shared the new information with US
Secretary of State Mike Pompeo, who warned Lebanese Prime Minister Saad
Hariri of the secret facility on his state visit to Lebanon in March
and expressed his concern about the threat the terrorist organization
poses to the country.
The authorities on Monday ordered the immediate
evacuation of flood-stricken cities in western Iran as rivers burst
banks, dams overflowed and vast areas were cut off from
communication. The highest level of alert was declared in Lorestan
Province with four or five cities "completely critical,"
state television reported from Khorramabad, the provincial capital.
"In Khorramabad the water has risen by as much as three meters
in parts," the television broadcast said, with reports elsewhere
of areas "completely submerged with residents stranded on their
rooftops."
SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC
NEWS
Oil hit a 2019 high above $69 a barrel on Tuesday on the
prospect that more sanctions against Iran and further Venezuelan
disruptions could deepen an OPEC-led supply cut, and as the market
became less worried that demand may slow. The United States is
considering more sanctions against Iran, whose oil exports have been
halved by existing measures, an official said. A key crude terminal
in Venezuela, also under U.S. sanctions, has halted operations
again.
The balance between supply and demand in the oil market
is fragile, Iranian Oil Minister Bijan Zanganeh said on Monday, as he
called on crude producers to be wary of troubles caused by U.S.
sanctions. Oil prices are being supported by U.S. sanctions on
Iran and Venezuela along with voluntary supply cuts by the
Organization of the Petroleum Exporting Countries and other major
producers.
The OPEC+ group could easily extend its agreement on
oil-production cuts, according to Iranian Oil Minister Bijan Namdar
Zanganeh. "My understanding is, there is no difficulty extending
the cooperation. It should be easy" to prolong the deal beyond
the first half of the year, Zanganeh told reporters in Moscow
following a meeting with his Russian counterpart Alexander Novak. The
current OPEC+ pact "is going ahead well," Zanganeh added.
PROTESTS & HUMAN RIGHTS
Iranian Baha'i citizen and human rights activist, Jinous
Sobhani, was briefly arrested, Iran Human rights Documentation Center
(IHRDC) reported on March 31. Hours later, informed sources said she
was released, but there are no details about her arrest or release.
Jinous Sobhani, human rights activist and former secretary of Iranian
Nobel Peace Prize laureate, Shirin Ebadi was arrested late last
Saturday at her home and taken away to an unknown location, IHRDC
said.
More than 600,000 have signed a petition calling for the
release of prominent Iranian human rights activist and legal counsel,
Nasrin Sotoudeh, Amnesty International (AI) reported. Meanwhile, in a
letter dated March 30, Ms. Sotoudeh disclosed that she has been
sentenced to a total of 38 years imprisonment, twelve years of it
obligatory, and 148 lashes. Sotoudeh also maintained that she has
been sentenced to twelve years for defending the "Girls of the
Revolution Street," and "advocating corruption and
prostitution."
A women's rights activist in Iran has said it
is 'insulting' for Western visitors to wear the hijab in an attempt
at solidarity. Masih Alinejad, who has spearheaded Iranian
women's struggle against the head covering, said female dignitaries
from Europe had left her fellow campaigners 'on their own' by
choosing to wear the hijab when they visited Iran.
The appointment by Iran's Supreme Leader Ali Khamenei of
a known human rights violator to head the country's judiciary is a
prelude to dark days ahead for human and civil rights defenders,
Iranian attorney Abdolkarim Lahiji told the Center for Human Rights
in Iran (CHRI). In a wide-ranging interview, Lahiji, who for decades
worked as a prominent attorney and human rights activist in Iran
until going into exile in France, discussed the events leading up to
Raisi's appointment to chief justice in early March 2019.
IRANIAN INTERNAL DEVELOPMENTS
Iran's foreign minister said U.S. sanctions imposed on
Tehran by the Trump administration last year have hampered successful
rescue efforts for flood-stricken areas of the country where 45
people have died so far. Foreign Minister Mohammad Javad Zarif
tweeted late on Monday that America's "maximum pressure"
policy on Iran "is impeding aid efforts by #IranianRedCrescent
to all communities devastated by unprecedented floods."
Iranian authorities on Monday ordered the immediate
evacuation of flood-stricken cities in a western province as rivers
burst their banks, dams overflowed and vast areas were cut off from
communication. The highest level of alert was declared in Lorestan province
with four or five cities "completely critical", state
television news network IRINN reported from Khorramabad, the region's
capital.
The National Iranian Gas Company (NIGC) denied Iranian
media reports that a gas pipeline had exploded in the west of the
country on Monday, saying a rockslide had caused a pipeline leak that
had immediately been fixed. Earlier state news agency IRNA
quoted local officials as saying that a landslide had caused a
pipeline explosion in western Iran, and that a fire following the
blast was under control.
Supreme Leader Ayatollah Ali Khamenei says this is the
Iranian year for "boosting production." This is a
welcome slogan for an economy facing numerous challenges, particularly unemployment and
pressure on its export performance due to external sanctions. There
is no doubt that an expansion of domestic production capacities
would have a positive impact on the Iranian economy.
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