Sanctions against Iran

The Bulgarian and Iranian aviation authorities will negotiate an amendment to the current air transport agreement and the future direct line between the two countries. This was announced by the Ministry of Transport as a result of the meeting of the Bulgarian-Iranian Intergovernmental Commission.

Turkey expects President Donald Trump to use a waiver to protect it if the US Congress decides to sanction Ankara over a planned purchase of a Russian missile defense system, a Turkish presidential spokesman said on Tuesday.

Russian lawmakers on March 19 backed the international use of a Russian alternative system for the global financial messaging network SWIFT designed by Moscow to eliminate the risk of Western sanctions.

Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed US sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.

Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed US sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.

The United States slapped sanctions on a Turkish businessman on Feb. 7 for violating US sanctions on Iran.

Iran's oil minister on Tuesday criticised Greece and Italy for not buying its oil despite US waivers and said they had not offered Tehran any explanation for their decision.

The Iranian parliament's recent decision to impose a ban on the import of certain products will have a significant impact on Turkey's exports to the country, a business association has warned.

Japan has started the process of importing Iranian oil, which was suspended due to U.S. sanctions, the governor of Iran's central bank said on Jan. 21.

Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.