China refuses USA order to reduce oil imports from Iran

12 2017 shows a Panamanian tanker docking at the platform of an Iranian oil export facility in the Persian Gulf

China rejects US demand to reduce Iran oil imports: report

On Tuesday, the reimposition of U.S. sanctions will include purchasing of USA dollars, trade in gold and precious metals, coal and industrial-related software, United States imports of Iranian carpets, foodstuffs and some financial transactions.

The government of President Hassan Rouhani also faces opposition from conservatives and religious leaders, who have long opposed his outreach to the West and are keen to leverage anger over corruption to unseat him.

Meanwhile, a refusal by China to cut Iranian oil purchases would deal a blow to Mr Trump's efforts to isolate the Islamic Republic after his withdrawal from the 2015 nuclear accord. The official, speaking on condition of anonymity, said several dozen boats were out training early Thursday morning.

Iran has acquired five new airplanes a day before the USA is to begin restoring sanctions suspended under the 2015 nuclear deal.

"There are rising concerns, all this time we have uncertainties on the Iran sanction and uncertainties over tariffs, as we certainly don't need any more trigger for a significant swing [in prices] in one way or another", said Jim Ritterbusch, an analyst in Galena, Illinois. "That's the behavioural change that we're looking for from the Iranian regime", Secretary of State Mike Pompeo told Metro TV in Jakarta.

"We've said this before", said Pompeo, the former Central Intelligence Agency chief.

Since President Donald Trump announced in May that the us would be withdrawing from the Iran nuclear deal and restoring sanctions on the country, Washington officials have attempted to convince foreign governments to stop importing Iranian oil. We will go by our interests.

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Iran's state-run IRNA news agency reported Sunday that the five ATR 72-600 airplanes, which are twin-engine turboprops, had arrived at Tehran's Mehrabad International Airport.

Iran says the sanctions are endangering lives by blocking the sale of new planes and spare parts for its ageing fleets. The other partners in the agreement, including the U.K., France, Germany and Russian Federation, criticized the USA move to quit the deal.

People are growing increasingly angry over rising inflation and a dramatic plunge in the currency - the rial - which has lost almost two-thirds of its value in the past six months.

A third official said the Iranian naval operations did not appear to be affecting commercial maritime activity.

"We are already seeing auto prices going through the roof over fears about raw material imports", she said.

"There is a massive loss of confidence in the financial system and the government's ability to control things and withstand sanctions", she said.

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