US Sanctions build hot ring around Iranian regime

US Sanctions build hot ring

The United States announced that it will impose historical sanctions against all importers of Iranian oil by Nov. 4. This kind of sanction is building a hot ring around the Iranian regime.

European car manufacturing company pulling out of Iran

Following the French automotive manufacturer, Peugeot and the  German multinational automotive corporation, Daimler AG, Volkswagen is now the third major European car manufacturing company pulling out of Iran.

U.S. Ambassador to Germany Richard Grenell led the talks with the Wolfsburg-based company,  according to the Bloomberg report.

Volkswagen will be able to conduct some business in Iran on humanitarian grounds, the report said. 

(Reuters) – Volkswagen AG (VOWG_p.DE) will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker.

Chennai Petroleum will stop processing Iranian crude oil from October

Chennai Petroleum Corporation (CPCL) is an Indian state-owned oil and gas corporation headquartered in India formed as a joint venture between India and Iranian Oil Company.

Reuters reported today that  Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect.

Iran left with just 2 oil clients in India after Chennai cancels its  imports.

Tensions between Paris and Tehran

A French official said on Wednesday “Following a foiled plot to bomb an Iranian opposition rally in Paris last June, France will not name a new ambassador to Tehran before getting information from Iran.”

The plot to target a rally of the National Council of Resistance of Iran in a Paris suburb came to light a few days after the June 30 event.

Six people were arrested in Belgium, France and Germany.

Following the Grand Gathering of the Iranian Resistance in Paris and the failure of the Iranian regime’s terrorist plot and the arrest of regime’s agents, including a terrorist diplomat, the regime’s Supreme National Security Council held a meeting upon Khamenei’s order and commissioned the relevant bodies such as the Foreign Ministry, the Ministry of Intelligence, the Quds Force, the Revolutionary Guards intelligence, and the state-run media to work to minimize the consequences of this big scandal.


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