U.S. Weighs New Sanctions on Iran’s Oil Sales to China if Nuclear Talks Fail

Wall Street Journal

…United Against Nuclear Iran, a New York group that campaigns against Tehran’s nuclear program, says the number of foreign vessels involved in transporting the country’s oil has risen to 123 from 70 in November 2020. Almost half of such vessels are now flagged in Panama, which had deregistered ships involved with Iranian oil under pressure from the Trump administration, according to the group. Meanwhile, the election of Mr. Raisi as president last month is adding complications to the talks, said an Iranian diplomat and an adviser to the president-elect. Mr. Raisi is keen on obtaining concessions on sanctions to revive the Iranian economy, they said. The change to a new administration, however, also means a new negotiating team with potentially different views on a prospective deal, they said.