Sri Lanka Cuts Iran Oil Imports

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Iran oil

Iran Focus

London, 20 Sep – The island nation of Sri Lanka has stopped its crude imports from Iran and is switching to other sources, according to Petroleum Resources Development Minister Arjuna Ranatunga.

Minister Ranatunga told reporters in Fujairah, the United Arab Emirates that Sri Lanka stopped importing Iranian crude as soon as US sanctions were announced.

He said: “We didn’t buy [directly] from Iran. We buy from Singapore, Dubai, Fujairah. We’re looking at signing government-to-government agreements over the next couple of months. We’re looking at long-term agreements.”

Trump Policy on Iran Is Working

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Trump policy on Iran

Iran Focus

London, 19 Sep – Back in May, when Donald Trump formally announced that he would be pulling out of the 2015 nuclear deal, there was a great deal of concern that this would either dramatically increase oil prices and damage the American economy or fail to stop international companies from trading with Iran and allow Iran to restart its nuclear weapons programme without oversight. As of yet, neither has happened.

Instead, Iran’s crude exports are plummeting nearly two months before the sanctions go into effect, as global oil companies – even those based in countries still committed to the deal – are cutting their ties to the country. Despite this, oil prices in the US have not risen as dramatically as was feared, essentially remaining stagnant, largely thanks to the increase in oil production by the US and other oil-producing countries.

Millions of Iranian Children Deprived of Education

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Millions of Iranian Children Deprived of Education

Iran Focus

London, 19 Sep – The Iranian regime spent the billions it benefited from the lifting of sanctions after implementation of the Iran Nuclear Deal on exporting terrorism and extremist ambitions. Those expenditures have affected the livelihoods of the people of Iran, and stolen its children’s future.

For example, Iran’s Ruydad news website published a report on September 14th, that revealed the educational conditions for Iranian children. According to this state-run website,“Like many other national statistics, the exact number of children who have been deprived of education is not available. The figures offered by the ministry education differs from that of the Well-being Organization. The Mardom-Nahad body and other NGOs also offer different information.”

Iran Sent 200 Planes Worth of Weapons to Syria in Past Year

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Syria

Iran Focus

London, 19 Sep – Cargo jets that are suspected to have transported weapons from Iran to Syria have made nearly 200 such flights in the past 12 months, according to flight tracking data.

Israel’s intelligence agencies have previously cited that these flights conducted or arranged by the Iranian and Syrian militaries are key to the transport of weapons from Iran to Syrian dictator Bashar Assad and the Lebanese Hezbollah.

Israel has reportedly been the force behind the airstrikes that have hit several airports and warehouses in Syria, shortly after the cargo planes have landed, including on Saturday, when the cargo was being taken off of an Iranian Boeing 747 that had flown from Tehran to Damascus.

How the Fall of Iran’s Currency Affects Ordinary People?

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How the Fall of Iran’s Currency Affects Ordinary people?

Iran Focus

London, 18 Sep – As the Iranian rial continues its decline, the US dollar reached an historic record high on Tuesday, September 4th, with an exchange rate of 150,000 rials to the dollar.

Long lines snake down the streets outside currency exchange offices in Tehran as panicked citizens try to exchange their rials for something, anything, else.

When SAIPA, the infamous vehicle made by an Iranian car manufacturer, launched an online pre-sale of 50,000 of its Pride models, six million people rushed to the website, buying out all 50,000 in less than a minute.

Global Oil Market Starts to Feel Effects of Iran Sanctions

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Oil refinery in Iran

Iran Focus

London, 18 Sep – When U.S. President Donald Trump announced that the United States would be exiting the 2015 nuclear agreement with Iran and other world powers, he also declared that sanctions would be re-imposed.

The announcement created shockwaves and there were immediate ramifications on the Iranian economy. Since the announcement was made, Iran’s oil exports have dropped by nearly a third.

Iran Threatens U.S., Is It out of Strenght?

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iran-ballistic-missile

Iran Focus

London, 17 Sep – A high-ranking official from Iran’s Revolutionary Guards Corps (IRGC) has dismissed the possibility of an American attack on Iran, claiming that Iran has the “upper hand” in the region.

Brigadier General Hossein Salami said on Friday, September 14: “The United States will be the loser of any war that it might initiate against Iran due to the preparedness of the country’s armed forces and lack of international support for such military action.”

India Cuts Iran Oil Imports

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India-oil imports

Iran Focus

London, 17 Sep – Indian oil refiners will reduce their monthly imports of crude from Iran by roughly half for the months of September and October as the country tries to obtain waivers from US sanctions targeting Iran that are due to go into place in November.

India’s oil imports from Iran will drop to less than 12 million barrels in September, and again in October, after four months of increased purchases in anticipation of the reduction.

India is Iran’s second-biggest oil importer behind China, and does not recognise the US sanctions, but will still have to obey them, if it is unsuccessful in getting a waiver, or risk being cut off from the US financial system. The waivers won’t be easy to get either.

Pollution and Corruption Destroying Basra, as Iran Exploits Iraq’s Wealth

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Iraq-Protests

Iran Focus

London, 15 Sep – The city of Basra endures high unemployment, failed healthcare and education systems, drug processing and smuggling, as well as thousands of landmines from past wars surrounding the city. Brackish water flows through its pipes. Militias – the armed wings of Shia political parties, who fight against ISIS – tyrannize its people. The river is filled with sewage and sickness.

The shared Shiite faith has been used by Iran to exploit Iraq’s wealth rather than build up its people. Many Iraqis are tired of Iran treating Iraq like its own backyard, which culminated in an explosion of fury in Basra this past week. Thousands of citizens took to the streets to demand their rights.

Demand for Iran Oil Drops Ahead of U.S. Sanctions

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Iran-Oil-U.S.-Sanctions

Iran Focus

London, 15 Sep – According to shipping data and industry sources, after South Korea halted imports from Iran and China’s demand dropped, two tankers carrying about 2.4 million barrels of South Pars condensate combined, have been floating off the United Arab Emirates since August.

As re-imposed sanctions loom, Iran is facing heavy pressure. Washington is attempting to bring Iranian oil exports down to zero and force Tehran to re-negotiate the nuclear deal, which the US abandoned last May.