Schneider Electric Expands Youth Partnership with Enactus to Drive Inclusive Energy Transition in Egypt    China's Jiangsu Zhengyong to build $85m factory in Egypt's Ain Sokhna: SCZONE    Egyptian pound ticks up vs. US dollar at Thursday's close    Egypt condemns Israeli plan to build 3,400 settler homes in West Bank    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Egypt, Namibia explore closer pharmaceutical cooperation    Egypt, China ink $1bn agreement for Sailun tire plant in SCZONE    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's Electricity Minister discusses progress on Greece power link    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    27 Western countries issue joint call for unimpeded aid access to Gaza    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Australia to recognise Palestinian state in September, New Zealand to decide    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Korean Cultural Centre in Cairo launches folk painting workshop    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Iran says it has many options to neutralise 'illegal' US sanctions: Tasnim
Published in Ahram Online on 23 - 02 - 2019

Iran said on Saturday it had many options to neutralise the reimposition of U.S. sanctions on its oil exports, the semi-official Tasnim news agency reported, adding that Tehran's regional influence could not be curbed as demanded by Washington.
"Apart from closing Strait of Hormuz, we have other options to stop oil flow if threatened," Secretary of Iran's Supreme National Security Council Ali Shamkhani told Tasnim.
"Iran has plans in place that will neutralise the illegal U.S. sanctions against Iran's oil exports," Shamkhani said. "We have many ways to sell our oil."
Tensions between Iran and the United States increased after U.S. President Donald Trump pulled out of a 2015 nuclear deal between Iran and six world powers last May, and then reimposed sanctions on the Islamic Republic.
The restoration of sanctions is part of a wider effort by Trump to force Iran to further curb its nuclear and missile programs as well as its support for proxy forces in Yemen, Syria, Lebanon and other parts of the Middle East.
Washington had been pushing governments to cut imports of Iranian oil to zero. But, fearing a price spike, it granted waivers to eight Iranian oil buyers when the sanctions on oil imports started last November.
Iranian officials have threatened to disrupt oil shipments from the Gulf countries if Washington tries to strangle Tehran's oil exports.
Carrying one-third of the world's seaborne oil every day, the Strait of Hormuz links Middle East crude producers to key markets in Asia Pacific, Europe, North America and beyond.
"There are multiple ways to make that (blockage of Hormuz) happen. We hope we would not be forced to use them," Shamkhani said.
"Resistance Front"
Iran — the dominant Shia Muslim power which is in a rivalry with Saudi Arabia and the United States' other Sunni Arab allies — has been President Bashar al-Assad's most supportive ally against insurgents throughout the nearly eight-year Syrian civil war.
"We have achieved 90 percent of Iran's goals in Syria," said Shamkhani, a close ally of Iran's top authority Supreme Leader Ayatollah Ali Khamenei.
"There will be important developments in promoting deterrence capability of the resistance front in Syria," said Shamkhani when asked about Israel's "possible future attacks" in Syria, according to Tasnim.
Iran often refers to regional countries and forces opposed to Israel and the United States as a "resistance axis".
Israel, increasingly concerned that its enemy Iran may establish a long-term military presence in neighboring Syria, says it has carried out over 200 attacks against Iranian targets in Syria in the last two years.
Defying Israeli threats that they might be targeted if they do not leave the country, Iran says it will continue to provide military advisers to Syria for as long as necessary in support of Assad's forces.
"Iran is capable of confronting any military threat ... Trump and Israel are well aware of Iran's military might," Shamkhani said. "They know that they cannot enter a war with Iran. That is why they publicly threaten Iran."


Clic here to read the story from its source.