EU Presents ‘Final Text’ To Iran For Reviving Nuclear Deal

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EU Presents ‘Final Text’ To Iran For Reviving Nuclear Deal | The Wall Street Journal 

U.S. and European officials announced Monday that a text for restoring the 2015 nuclear accord had been completed and that negotiations were finished, saying Iran must now decide whether to take or leave the deal. A senior European Union official said the bloc’s foreign policy chief Josep Borrell will now write to the U.S., Iran and the other negotiating parties, setting out next steps for approving a deal. The official said Iran would have “very, very few weeks” to decide whether to revive the deal.  

Russia Puts Iranian Satellite Into Orbit | Reuters 

Russia launched an Iranian satellite into orbit on Tuesday from southern Kazakhstan, just three weeks after President Vladimir Putin and Supreme Leader Ayatollah Ali Khamenei pledged to work together against the West. The remote Khayyam sensing satellite, named after the 11th Century Persian poet and philosopher Omar Khayyam, was launched by a Russian Soyuz rocket from the Baikonur Cosmodrome in Kazakhstan and entered orbit successfully, Russia's space agency said.  

Oil Holds Gains As Traders Weigh Iran Talks, Demand Outlook | Bloomberg 

Oil held its biggest gain in more than a week as investors monitor US-Iran nuclear talks and the outlook for demand amid an economic slowdown. West Texas Intermediate futures were little changed after Monday’s 2% rally saw some bullish sentiment return following a recent rout. Uncertainty around Iranian supply aided crude’s drift higher with a conclusion to the long-running nuclear talks edging nearer after European Union diplomats presented the US and Iran with a final draft accord to revive the 2015 deal.  

UANI IN THE NEWS 

The Next Supreme Leader: Is Iran’s Ebrahim Raisi Destined For Greatness? | UANI Policy Director Jason Brodsky For The National Interest 

This month marks the first anniversary since Ebrahim Raisi took office as Iran’s president. His ascent to the position raised speculation that Supreme Leader Ayatollah Ali Khamenei was grooming Raisi as his successor. But one year into his administration, criticisms of Raisi are mounting and he appears disconnected from critical files that consumed much of the time of his predecessors. This raises questions as to his stock as a future supreme leader. At the time Raisi became president, many observers posited that he was Khamenei’s heir by virtue of his resume.

With JCPOA Revival Uncertain, Iran Is Slowly And Surely Making The Nuclear Deal Irrelevant | Rajeev Agarwal For WION News 

…On the same day, a media report quoted United Against a Nuclear Iran (UANI), a watchdog group that tracks Iran's network of illegal oil tankers, stating that Iran’s export revenues between March 2021 and March 2022 from oil, gas, and related products totalled $39 billion, compared to $22 billion for the previous year, a rise of 77 per cent and an extra $17 billion, with exports primarily to China and Syria. Iran is therefore slowly and steadily working around economic sanctions imposed by the US.

The Rising Danger Of Iranian Soft Power In The United States | UANI Policy Director Jason Brodsky And Moshe Kwiat For The Dispatch 

An unusual news story emanated from Houston, Texas, late last month. The Islamic Education Center of Houston (IEC) posted a video on YouTube of children singing a Shiite religious song, with pledges of allegiance to Iran’s Supreme Leader Ayatollah Ali Khamenei. A comparison of the background in the video to publicly available images of the IEC show a striking resemblance, leading to the conclusion that the video was likely filmed on-site.  Following the backlash to the video, the IEC made it private on YouTube. Some saw this as an innocent song with a religious message, while others saw it as a political song in support of the Islamic Revolution of Iran and the supreme leader, which signifies Iranian soft-power influences in the United States.  

NUCLEAR DEAL & NUCLEAR PROGRAM 

US, Iran Face Deadline As Nuclear Talks End Without A Deal | Bloomberg 

The US and Iran have just weeks to decide whether they want to revive their nuclear deal, after European Union diplomats presented parties with a final draft accord that could deliver a major expansion of Iranian oil exports to global markets. Negotiators wrapped up more than 15 months of talks in Vienna on Monday with a blueprint that requires the sign-off of US President Joe Biden and his Iranian counterpart Ebrahim Raisi, according to two European Union diplomats familiar with the process, who asked not to be identified in exchange for discussing sensitive topics.  

Agreement On Nuclear Deal Within Reach But Obstacles Remain | Politico 

Indirect talks between Iran and the U.S. on restoring the 2015 nuclear deal are expected to conclude Monday in Vienna, putting the final draft of an agreement in front of negotiators from Washington and Tehran. Western officials told POLITICO on Monday that they had finished negotiating technical questions that had remained open in the final draft text circulated by the European Union foreign policy chief Josep Borrell on July 21. The final draft determines the steps that Iran and the U.S. will have to take to return to full compliance with the original 2015 Iran nuclear deal, officially called the Joint Comprehensive Plan of Action.  

SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS   

US Charges China’s Largest Telecom Firm For Violating Iran Sanctions | Iran International 

The US Department of Commerce has charged China’s largest telecommunication company Far East Cable of helping another company hide its dealings with Iran in violation of sanctions. According to a document released on Monday, the Bureau of Industry and Security Office of Export Enforcement issued an administrative charging letter against Far East Cable on July 29, 2022.  "The Charging Letter alleges that Far East Cable signed contracts with Zhongxing Telecommunications Equipment Corporation (ZTE), and Iranian telecommunications companies to deliver US-origin equipment to Iran as part of an effort to conceal and obfuscate ZTE’s Iranian business from US investigators," the document read, charging Far East Cable with 18 violations of Export Administration Regulations.  

Iran Makes First Import Order Using Cryptocurrency, Tasnim Reports | Reuters 

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. The order, worth $10 million, was a first step towards allowing the country to trade through digital assets that bypass the dollar-dominated global financial system and to trade with other countries similarly limited by U.S. sanctions, such as Russia. The agency didn't specify which cryptocurrency was used in the transaction.  

PROTESTS & HUMAN RIGHTS 

Iranian Labor Activist Still In Prison Despite Family Paying Bail | Radio Free Europe 

Iranian labor rights activist Narges Mansouri has not been released from prison despite her family having paid bail she was granted for temporary release, the watchdog Iran Human Rights says. Iran Human Rights said a court six weeks ago granted Mansouri bail of 400 million tomans for her temporary release, and her family provided the amount and completed the registration process. The rights group said the court continued to block her temporary release even while she is suffering from uterine fibroids and has been denied access to her chosen lawyer.  

Relatives Of Jailed Iranian Filmmaker Say Covid-19 Not Fully Treated In Prison | Radio Free Europe 

The wife of a jailed Iranian filmmaker and activist says her husband was taken to the hospital for treatment of COVID-19 but was returned to prison without going through treatment. Tahereh Saeedi, Jafar Panahi's wife, told RFE/RL that her husband was transferred to a hospital in Tehran and was expected to spend the quarantine period there. But the security agents suddenly removed an IV and took him back to prison. "He has not had any contact with us since then and it is very unlike Jafar. It is not a good sign and I am very worried," Saeedi told RFE/RL on August 8.  

RUSSIA, SYRIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN 

Islamic Jihad In Gaza Receives Orders From Iran, Erdan Tells UN | The Jerusalem Post 

Palestinian Islamic Jihad in the Gaza Strip receives its orders from Iran, charged Gilad Erdan, Israel’s ambassador to the UN, as he defended the IDF’s attack against PIJ’s military installations and leaders during the weekend’s military operation known as Breaking Dawn. “The PIJ is a radical terrorist organization, armed, funded and trained by Iran,” Erdan told reporters in advance of a UNSC meeting slated to be held on Monday afternoon in New York. “While the [PIJ] was indiscriminately firing rockets at Israeli civilians, its leader, Ziad Nakhaleh, was meeting with the Ayatollah puppet masters in Tehran and receiving orders from them.  

Iran Discusses Islamic Jihad's Comprehensive Plan For A Strong Response | Asharq Al-Awsat 

Iran said the Islamic Jihad movement has a comprehensive plan to direct a solid and effective response against Israel. Iranian Foreign Minister Hossein Amirabdollahian held a telephone conversation with his Qatari counterpart Sheikh Mohammed bin Abdul Rahman Al Thani on the latest developments in Gaza and the situation in the region. "The Palestinian resistance has prepared a comprehensive plan to deliver a strong and effective response to the latest crimes by the Zionist regime," said Amirabdollahian.  

Hezbollah Warns Israel Against Targeting Palestinian Militants In Lebanon | Reuters 

The head of Lebanon's powerful armed movement Hezbollah, Sayyed Hassan Nasrallah, warned on Tuesday against any Israeli attempts to expand their targeting of Palestinian militants to Lebanon. "Any attack on any human being will not go unpunished or unanswered," Nasrallah said in a televised address marking Ashura, a melancholic commemoration for Shi'ite Muslims of the killing the Prophet Mohammad's grandson Hussein. The comments came after a flare-up in violence between Israel and the Islamic Jihad movement in the Gaza strip, prompted by Israel's arrest of a senior Islamic Jihad leader earlier this month