Iran Sanctions

Iran’s establishment is bracing for renewed public unrest as UN sanctions squeeze an already fragile economy, Reuters reported, citing officials and experts warning that the government’s options to avert crisis are narrowing.

Prices of Iranian-made and assembled cars have surged as the rial weakened against the dollar, with major manufacturers raising official rates to offset mounting costs, Iranian media reported on Monday.

The provisions of UN Security Council Resolution 2231 have officially expired, Iran’s Foreign Ministry spokesman Esmail Baghaei said on Monday, adding that the framework that endorsed the 2015 nuclear agreement came to an end.

Russia and China agree with Tehran that UN sanctions on Iran have not been automatically reimposed and that the Security Council resolution endorsing the 2015 nuclear deal has now expired on October 18, Iran’s Foreign Minister Abbas Araghchi said on Saturday.

Iran parliament speaker Mohammad Bagher Ghalibaf has sent to President Masoud Pezeshkian the law approving the country’s accession to the UN anti-terror finance convention, with conditions that limit implementation to Iran’s constitution and domestic laws.

Iran will no longer implement any of its commitments under the 2015 nuclear deal, which expired on Saturday, the country’s foreign minister told the United Nations, once again refusing to acknowledge the reimposition of UN sanctions triggered by European powers last month.

Russia has long sought to prevent Iran from having normal relations with the world, former foreign minister Mohammad Javad Zarif said, days after the Russian foreign minister faulted him for accepting a sanctions clause in a 2015 nuclear deal.

New Zealand said on Friday it would reimpose United Nations sanctions on Iran, citing Tehran’s failure to comply with its nuclear obligations under the 2015 Joint Comprehensive Plan of Action, with the measures to take effect on October 18.

Iran’s foreign minister said on Thursday that illegitimate sanctions imposed by the United States and the European Union have limited Tehran’s ability to expand economic cooperation with other nations.

A Norwegian court has sentenced a former security guard at the US embassy in Oslo to three years and seven months in prison for passing sensitive information to Russian and Iranian intelligence, the court said on Thursday.

Australian authorities have charged a western Sydney man for allegedly sending about $650,000 to Iranian banks under sanctions, the Australian Federal Police said on Wednesday.

For the first time in more than seven years, Iranian-flagged oil tankers are broadcasting their location accurately and without spoofing—raising eyebrows among longtime watchers of Tehran’s sanctions-busting efforts.

Iran’s Foreign Ministry on Tuesday criticized US President Donald Trump’s call for dialogue with Tehran, saying his remarks about peace were inconsistent with Washington’s record of sanctions, military strikes and support for Israel.

Russia is permitted by international law to step up military ties with Iran even after UN sanctions were reimposed last month, Foreign Minister Sergey Lavrov said on Monday.

Iran’s government denied reports that it plans to raise gasoline prices after the leak of a cabinet decree outlining a new pricing framework, which appeared on the website Khaneh Eghtesad and triggered widespread criticism and concern on social media.

US sanctions are squeezing Iran’s economy but also enriching Tehran elites and deepening ties to China, Mideast and energy expert Gregory Brew told Iran International’s Eye for Iran podcast.

Tehran is shifting its sanctions-busting strategy away from crude oil toward more lucrative and less scrutinized petroleum products to boost revenues even as restrictions tighten.

Leaked documents and media investigations indicate a Berlin businesswoman allegedly ran oil sales for Iran from her apartment, with the proceeds apparently reaching Iran’s Ministry of Defense through a web of front companies operating in Asia.