IFP Exclusive

Iran Says US Shows ‘Some Flexibility’ on Easing Oil Bans

Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says the US has shown some "flexibility" regarding the easing of Iran oil sanctions during a recent meeting with the French president.

According to Araqchi, the issue was raised in a recent meeting between French President Emmanuel Macron and US President Donald Trump in the French city of Biarritz.

“Macron met with Trump during the G7 meeting, where the US side showed some flexibility in the licensing of Iranian oil sales,” Araqchi said on Saturday.

“This is a breach in the US maximum pressure policy and a success for Iran’s policy of maximum resistance,” he noted.

Iran is currently reducing its commitments under the 2015 nuclear deal with world powers, which the US withdrew from last year.

The country has implemented the first and second phases of reducing its commitments, and is preparing to begin the third phase in coming days, unless the European Union fulfils its side of the bargain, and Iran could reap the benefits of the multilateral agreement.

Otherwise, Iran has warned that it may push forward with 20% uranium enrichment and resume previous activities at the Arak heavy water nuclear reactor in the third nuclear commitment containment.

As a first step, Iran increased its enriched uranium stockpile to beyond the 300 kilograms set by the JCPOA. In the second step, Tehran began enriching uranium to purity rates beyond the JCPOA-limit of 3.76 percent.

The Europeans have already missed two 60-day deadline set by Tehran, prompting Iran to go for the third phase of cutting its commitments on September 6, which will mark the start of a third such deadline for them.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

IRGC: US Iran’s main enemy, Israel can’t survive without its support

The spokesperson and deputy head of public relations for the Islamic Revolution Guard Corps (IRGC)…

16 minutes ago

Iran says increased number of its centrifuges in response to the IAEA resolution

The Atomic Energy Organization and the Iranian Foreign Ministry announced that, in response to the…

29 minutes ago

Iranian, Belarusian tourism ministers meet on facilitating tourist movement

Iran's Minister of Cultural Heritage, Tourism, and Handicrafts, Seyed Reza Salehi Amiri, met on Thursday…

4 hours ago

Unscheduled visit by Qatari prime minister to Tehran sparks speculation

Reports emerged by Iranian daily Donya-e Eqtesad suggest that the Qatari Prime Minister and Minister…

19 hours ago

ICC issues arrest warrant for Netanyahu, Gallant for ‘war crimes’ in Gaza

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu,…

19 hours ago

Iran to respond to Europe’s “non-technical” move: Foreign Minister

As France, Germany, and the United Kingdom submit an anti-Iran draft resolution to the International…

20 hours ago