Sanctions

Iran Ramps Up Oil Production to Pre-Sanctions Levels

Iranian Deputy Oil Minister Amir Hossein Zamaninia said Friday that Iran is beginning to ramp up oil production, and within two months it will reach levels comparable to its production before U.S. sanctions the Trump administration imposed in 2018.

A picture taken on March 12, 2017, shows an oil facility in the Khark Island, on the shore of the Gulf. / AFP PHOTO / ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images)

Iran Demands Ransom for Seized South Korean Vessel

The Iranian government made its clearest demand to South Korea for a ransom payment to release a captive tanker and crew on Sunday, dismissing South Korea’s diplomatic efforts to secure their release as “politicizing” the issue and telling Seoul to show some “political will” by unfreezing $7 billion of Iranian funds held by South Korean banks.

In this photo released Monday, Jan. 4, 2021, by Tasnim News Agency, a seized South Korean-flagged tanker is escorted by Iranian Revolutionary Guard boats on the Persian Gulf. Iranian state television acknowledged that Tehran seized the oil tanker in the Strait of Hormuz. The report on Monday alleged the MT …

Iran Denies Holding South Korean Tanker and Crew Hostage

The Iranian government on Tuesday denied that it is holding a South Korean-flagged tanker and its crew hostage, retorting that South Korea is the “hostage” taker for freezing $7 billion in Iranian funds after the United States re-imposed sanctions against Tehran.

In this photo released Monday, Jan. 4, 2021, by Tasnim News Agency, a seized South Korean-flagged tanker is escorted by Iranian Revolutionary Guard boats on the Persian Gulf. Iranian state television acknowledged that Tehran seized the oil tanker in the Strait of Hormuz. The report on Monday alleged the MT …

Rouhani at U.N.: America Is ‘Kneeling on the Neck’ of Iran

Iranian President Hassan Rouhani delivered a bizarre address to the 2020 U.N. General Assembly in which he claimed Iran single-handedly defeated the Islamic State, portrayed his brutal regime as a paragon of tolerance and human rights, and compared the Iranian people suffering under U.S. sanctions to George Floyd suffering beneath the knee of a policeman.

Rouhani addressing 75th UN General Assembly