
German Foreign Minister Heiko Maas said Monday said that a payment channel that the three EU signatories to Iran’s nuclear deal have set up to maintain trade with Iran will be ready soon. “This is an instrument of a new kind, so it’s not straightforward to operationalize it,” Maas told ...

Iranian Oil Minister Bijan Namdar Zanganeh rejected claims that Saudi Arabia and the United Arab Emirates can replace the reduced share of the Islamic Republic in the global oil market, saying no country can do that because of the “fragile” market. In remarks released on Saturday, Zanganeh emphasized that “nobody” ...