DW writes that the French shipping giant CMA CGM has pulled out of doing business with Iran for fear of antagonizing the US. Iranian President Hassan Rouhani has called on European countries do more to offset renewed US sanctions.
The South Korean embassy in Tehran dismissed reports by Reuters claiming that South Korea has cancelled July loadings of crude and condensate cargoes from Iran, saying that loading oil tankers and buying Iranian oil continues.
Talking about EU’s oil package, Iran’s Petroleum Minister said: “I have not seen the package yet, but our Foreign Ministry colleagues have and they don’t seem very happy with the details; because, we expect the EU to keep its promises in safeguarding the JCPOA.”
EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
RT writes that West Texas Intermediate (WTI), the US benchmark, has surged to $75 per barrel for the first time since the oil crisis of 2014. The movement came after Iran reportedly threatened to disrupt oil shipments from the Middle East Gulf if Washington pressed ahead with sanctions against Iran. On Wednesday, the WTI slipped to $74.59 per barrel, still one of the highest marks in over three years.
CNBC writes that the Trump administration’s goal of crushing Iran’s energy industry increases the risk of a temporary global shortage before the end of the year that could send oil prices spiking to $100 or more, analysts say.
The Iranian Minister of Petroleum has written a letter to the rotating chairman of OPEC, announcing: “Any increase in production by any member of OPEC beyond the stated quotas is contrary to the agreement of the organization.”
On 29 June 2018, Platt writes that Japan's Iranian oil imports surged to the highest level in 14 months in May, when the country imported an average of 211,097 b/d, up 31.5% year on year, preliminary data from the Ministry of Economy, Trade and Industry Friday showed.
The young 10-year old Iranian boy, Hossein Atayi Sangrudi from Karaj has already 16 inventions in his portfolio. Six of these are in the process of being registered. His inventions include the VTOL three-modality drones, gunboats, office furniture, miniature sprayer, multipurpose control for smart TVs, and so on.
In an interview with Persia Digest, Adib-Moghaddam said: It is imperative that Iran gets even closer to the EU, not least to keep the communication with Washington going, and to minimize misperceptions.
The German Schiller Group Concert is taking place in Tehran for the first time.
Christopher von Deylen, will be traveling to Tehran with his Group for the first time in mid-December to stage a concert at the Hall of the Ministry of the Interior over two nights on 11-12 December, at 21h30.
The Head of Iran’s Cultural Heritage and Tourism Organization announced: “Tourists are no longer required to go to Iranian embassies for visas. They can apply online and travel to Iran once their application has been reviewed.”
On 13 August 2018, at 21h30, the concert titled “A song from another world” began playing in Vahdat Hall in Tehran with a band of musicians with autism and down syndrome, for an audience that included figures such as Loris Tjeknavorian and Kambiz Derambakhsh.
International Mathematical Union (IMU) named 3 May, the birthday of "Maryam Mirzakhani", the International Women's Day in Maths, on the proposal of the Women's Committee of the Iranian Mathematical Society.
A celebration was held in Tehran to celebrate polo registration by Unesco. Iran’s Cultural Heritage Organization Deputy, Mohammad-Hassan Talebian spoke about the game at the ceremony and called the registration an important global event for cultural diplomacy and peace.
RT writes that the presidents of Russia and Iran met on the sidelines of the Caspian summit in Aktau, Kazakhstan on Sunday. Vladimir Putin and Hassan Rouhani addressed ways in which world’s most acute crises, particularly in the Middle East, can be settled, the Kremlin said.