Iran's supreme leader said Monday that his country will neither go to war nor enter into negotiations with the United States as the Trump administration restores sanctions lifted under the 2015 nuclear deal.
British renewable energy investor Quercus said it will stop building a 500 million euro (445.8 million pounds) solar power project in Iran due to recently imposed U.S. sanctions on Tehran.
U.S. President Donald Trump imposed sanctions on Iran last week — completing his torching of the historic nuclear deal, and putting the Middle Eastern country in a tight spot. But Iran knew it was coming, and devised a strategy to counter the sanctions. Iranian President Hassan Rouhani and senior officials met with at least 23 countries over three months to try to convince them they could keep doing business with Iran.
SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS
Iraqi Prime Minister Haider al-Abadi Monday walked back on his commitment to abide by new US sanctions on Iran, saying his government would only respect the dollar ban in transactions with Iran. “I did not say we abide by the sanctions, I said we abide by not using dollars in transactions. We have no other choice,” Abadi told a news conference in Baghdad.
TERRORISM & EXTREMISM
The United States on Monday imposed sanctions on the Iran-based leader of the Bahraini al-Ashtar Brigades militant group for allegedly engaging in plots to overthrow the U.S.-backed government of Bahrain.
PROTESTS & HUMAN RIGHTS
Iranian rights groups say authorities have jailed a civil society activist in central Iran while releasing another activist who completed a 10-year prison term for photographing an alleged mass grave.
IRANIAN INTERNAL DEVELOPMENTS
Iran’s supreme leader made his sharpest criticism yet of his country’s president on Monday, faulting him for having crossed “red lines” in nuclear negotiations with the United States and other failures that have created an economic crisis.
IRANIAN REGIONAL AGGRESSION
Iran will not rein in its influence in the Middle East despite mounting U.S. pressure on Tehran to curb its regional activities, Foreign Minister Mohammad Javad Zarif told Qatar’s al Jazeera TV.
GULF STATES, YEMEN, & IRAN
Saudi Arabia has freed three Iranian fishermen detained by the kingdom’s coastguard last year, Iran’s state news agency IRNA quoted an Iranian official as saying on Tuesday, following negotiations between the two regional rivals.