Iran Defies UN Sanctions, Vows Continued Oil Exports to China
- Iran stated its oil sales will continue despite potential UN sanctions, asserting that these do not directly restrict oil exports as explained by Petroleum Minister Mohsen Paknejad.
- The snapback mechanism was triggered by the UK, France, and Germany on August 28 after Iran ceased cooperation with the International Atomic Energy Agency.
- Tensions increased after Israel's attack on June 13 on Iranian sites, leading to conflict that ended with a US-sponsored ceasefire on June 24.
- Iran condemned the European action as baseless and affirmed its capacity to maintain oil sales, as reported by the state news agency IRNA.
12 Articles
12 Articles
Iran Defies UN Sanctions, Vows Continued Oil Exports to China
Iran appears unfazed by the prospect of UN snapback sanctions coming into effect this weekend, saying that it will continue to sell its oil to its biggest and nearly only buyer, China. The biggest European powers which are party to the so-called Iranian nuclear agreement of 2015, or the Joint Comprehensive Plan of Action (JCPOA) as it is officially known, launched in late August a 30-day process that would reinstate UN sanctions on Iran on Sept…


Iran oil sales to China would continue even if UN sanctions activated, oil minister says
DUBAI - Iran's oil sales to China would continue even if U.N. sanctions, are reimposed under a so-called snapback mechanism, Iran's Oil Minister Mohsen Paknejad said on Wednesday, as Iran and European powers struggle to reach a deal to avert the sanctions. Read more at straitstimes.com.
Iran Vows to Keep Oil Exports to China Despite Threat of U.N. Sanctions
Iran’s Oil Minister Mohsen Paknejad has declared that Tehran’s oil sales to China would continue uninterrupted even if United Nations sanctions were reimposed through the so-called “snapback” mechanism, a move European powers are threatening to trigger amid growing concerns over Iran’s nuclear program. Speaking as diplomats gathered on the sidelines of the U.N. General Assembly in New York, Paknejad insisted that potential U.N. sanctions would …
ESG News Recap: Iran-China Oil Ties Will Withstand UN Sanctions
Impakter Activated UN Sanctions Will Not Disrupt Iran-China Oil Sales Today’s ESG Updates Iran Oil Sales to China Unfazed by Sanctions: Iran says oil exports to China will continue even if UN sanctions are reactivated BYD Eyes Battery Plant in Europe: Chinese EV giant plans local battery production to support European expansion and bypass EU tariffs Dutch Government Offloads TenneT Stake: Netherlands sells 46% of […] The post Activated UN Sancti…
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