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November 5, 2018 8:10 PM Oil mixed as U.S. imposes sanctions on Iran, Tehran defiant

NEW YORK (Reuters) - Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs 79

November 5, 2018 6:52 PM U.S. will allow three Iranian civil nuclear projects to continue

WASHINGTON (Reuters) - The United States will allow non-proliferation civil nuclear projects at Arak, Bushehr and Fordow in Iran “under the strictest scrutiny,” the State Department said on Monday, as the country began reimposing strict sanctions on Iran. The United States is restoring sanctions on Iran’s oil, banking and transport sectors, in an effort 59

November 5, 2018 6:19 PM Oil up as U.S. imposes sanctions on Iran, Tehran defiant

NEW YORK (Reuters) - Oil prices rose on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs 86

November 5, 2018 3:51 PM Iran tells U.N. chief: U.S. should be held accountable over sanctions

UNITED NATIONS (Reuters) - The United Nations should hold the United States accountable for re-imposing sanctions on Monday to choke off Iran’s oil and shipping industry, measures that defy a U.N. Security Council resolution, Iran’s U.N. ambassador wrote in a letter to Secretary-General Antonio Guterres. “The irresponsible conduct of the United States 68

November 5, 2018 2:04 PM SWIFT says suspending some Iranian banks' access to messaging system

WASHINGTON (Reuters) - The Belgium-based SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system. In a brief statement, SWIFT made no mention of U.S. sanctions coming back into effect on some Iranian financial 68

November 5, 2018 1:59 PM U.S. grants temporary Iran oil waivers to eight countries including China: Pompeo

WASHINGTON (Reuters) - The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran’s banking, energy and shipping industries. Some of the eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey 68

November 5, 2018 11:58 AM Britain regrets imposition of U.S. sanctions on Iran: PM May's spokesman

LONDON (Reuters) - Britain said on Monday it regretted a U.S. decision to reimpose sanctions on Iran. “We regret the reimposition of sanctions by the U.S. We continue to believe that the Iran nuclear deal makes the world a safer place and our position remains that as long as Iran continues to meet its obligations under the deal by respecting strict limits 81

November 5, 2018 10:30 AM Swiss talk with U.S., Iran about humanitarian payment channel for food, drugs

ZURICH (Reuters) - Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic as Washington re-imposes economic sanctions, the government said. “Switzerland is committed to safeguarding Swiss economic interests and closely follows the development 84

November 5, 2018 9:25 AM Turkey orders arrest of gold trader Zarrab over villa restoration: Anadolu

ANKARA (Reuters) - Turkish authorities have ordered the arrest of gold trader Reza Zarrab, a prosecution witness in the New York trial of a Turkish banker, over unlawful building work, Anadolu news agency said on Monday. Zarrab, 34, a dual national of Iran and Turkey, was a government witness in the trial of Mehmet Hakan Atilla, a former deputy general 69

November 5, 2018 8:41 AM EU opposed to U.S. resumption of sanctions on Iran: Moscovici

PARIS (Reuters) - The European Union is opposed to the United States’ decision to reimpose oil and financial sanctions against Iran, European Economic Affairs Commissioner Pierre Moscovici said on Monday. “The European Union does not approve of it,” Moscovici told franceinfo radio, hours after further U.S. sanctions on Iran came into force 66