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US Contemplating Waivers for Countries Import Oil From Iran

The administration of President Donald Trump is contemplating waivers on sanctions it plans to re-impose next month for countries that are cutting their oil imports from Iran, a US government official says.

Turkey Tracks Non-Dollar Transactions in Trade: Erdogan

Turkish President Recep Tayyip Erdogan has lashed out at the United States for behaving like "wild wolves," saying Ankara would pursue non-dollar transactions in trade with Russia and other countries.

Shots Fired At US Embassy in Turkey

Gunshots have reportedly been fired at the US embassy in the Turkish capital of Ankara with no reports of injuries.

Iran Says No OPEC Member Can Seize its Market Share

Iran has called on the Organization of the Petroleum Exporting Countries (OPEC) to prevent efforts by certain member states to take over its share of the oil market in what is seen as a reference to speculations that Saudi Arabia would pump more oil to fill Iran’s gap once US sanctions against the Islamic Republic take effect.

Iraq Hamper Trading With Iran in Dollar Due To Sanctions

Iraq has stopped trading with Iran in the US dollar after Washington imposed economic sanctions on Tehran, according to Iraq's central bank on Saturday.

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