Results for Category: International Affairs

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The EU Has Figured Out a Way to Trade with Iran. Here’s What You Need to Know

In the background, the Islamic Revolutionary Guard Corps captured the British tanker Stena Impero and its 23 crew members in the Gulf on 19 July, provoked by the UK detaining an Iranian tanker off Gibraltar to stop it taking oil to Syria, which some reports indicate followed pressure from the US. The EU has remained fairly silent on the matter, and Britain is contending with a possible no-deal Brexit under newly appointed prime minister Boris Johnson. While these issues remain separate from INSTEX, the mechanism’s application, membership, scope and survival could prove to be a diplomatic minefield in the current geopolitical environment.

Why does China keep buying oil from Iran? Look at China and Iran’s long history of political and economic ties

Iran’s main bet on defying U.S. pressure is whether it can find parties that can help circumvent U.S. sanctions, especially in its oil exports. China is one of Iran’s major importers and seems to eye a strategic interest in supporting Iran’s policy of resisting U.S. maximum pressure. But the question is: to what extend can China support Iran’s resistance?

US Anti-Iran Policy in Iraq: Countering Tehran’s Upper Hand

But to replace Iran’s exports to Iraq, the US and its allies need to have Iraq’s ruling elites on board, which is highly unlikely given that many of them are backed by Tehran; and provide real alternatives for Iraq’s need for Iran’s electricity and gas, which is also highly unlikely in the next two years at least. Therefore, it seems that the US anti-Iran policy in Iraq is facing a deadlock.