Iran's oil exports are focus of Vienna nuclear talks, top diplomat says
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
MONDAY, MAY 23, 2022
MONDAY, MAY 23, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Iran's oil exports are focus of Vienna nuclear talks, top diplomat says

Middle East

Reuters
27 December, 2021, 04:40 pm
Last modified: 27 December, 2021, 04:41 pm

Related News

  • Iran's Revolutionary Guards say colonel assassinated in Tehran
  • Qatari FM says Iran's leadership open for a compromise on nuclear file
  • Hezbollah and allies lose majority in Lebanese parliament, final results show
  • Israel says Iran working on advanced centrifuges at new underground sites
  • Price protests turn political in Iran as rallies spread

Iran's oil exports are focus of Vienna nuclear talks, top diplomat says

Negotiations with world powers to salvage Iran's 2015 nuclear accord, known as the Joint Comprehensive Plan of Action, are to resume in Vienna at 1800 (1700 GMT), state media reported

Reuters
27 December, 2021, 04:40 pm
Last modified: 27 December, 2021, 04:41 pm
The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria 23 May, 2021. PHOTO: REUTERS/Leonhard Foeger
The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria 23 May, 2021. PHOTO: REUTERS/Leonhard Foeger

Iran's main focus in nuclear talks that resume in Austria on Monday will be the lifting of all US sanctions in a verifiable process that guarantees Tehran's unhindered ability to export its oil, the foreign minister said.

Negotiations with world powers to salvage Iran's 2015 nuclear accord, known as the Joint Comprehensive Plan of Action, are to resume in Vienna at 1800 (1700 GMT), state media reported.

"The most important issue for us is to reach a point where, firstly, Iranian oil can be sold easily and without hindrance," Iranian media quoted Foreign Minister Hossein Amirabdollahian as saying.

"The money from the oil (sales) is to be deposited as foreign currency in Iranian banks - so we can enjoy all the economic benefits stipulated in Joint Comprehensive Plan of Action."

In 2018, then US President Donald Trump withdrew from the JCPOA and reimposed stringent economic sanctions against Tehran, which responded a year later by resuming and then accelerating its enrichment of uranium, a potential pathway to nuclear weapons.

Oil exports, Iran's main revenue source, have plunged under the US sanctions. Tehran does not disclose data, but assessments based on shipping and other sources suggest a fall from about 2.8 million barrels per day (bpd) in 2018 to as low as 200,000 bpd. One survey put exports at 600,000 bpd in June.

The nuclear talks have made scant progress since they resumed last month after a five-month hiatus following the election of hardline Iranian President Ebrahim Raisi.

"Today, there is an acceptable joint document on the negotiating table that we call the 1 December and 15 December documents," Amirabdollahian said. Both documents, he said, related to the nuclear issue as well as US sanctions.

"From today, our negotiations will start on the basis of this joint document. Guarantees and verification are among the issues on the agenda," he said.

World+Biz

Iran / Iran nuclear / Iran nuclear deal / Iran Nuclear Programme / Iran Nuclear project / Iran nuclear talk

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Asia’s blistering heatwave has caused hours-long daily blackouts, putting more than 1 billion people at risk. Photographer: Aamir Qureshi/AFP/Getty Images/Bloomberg
    A hot, deadly summer is coming with frequent blackouts
  • No document needed to avail cash incentives for remittance over Tk5 lakh
    No document needed to avail cash incentives for remittance over Tk5 lakh
  • Interbank exchange rate of dollar rises to Tk88
    Interbank exchange rate of dollar rises to Tk88

MOST VIEWED

  • Members of Iran's Revolutionary Guards march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2010. REUTERS/Morteza Nikoubazl/File Photo
    Iran's Revolutionary Guards say colonel assassinated in Tehran
  • Islamic Revolutionary Guard Corps (IRGC)/ Tehran Times
    Members of Israeli intelligence network discovered and arrested in Iran
  • Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani speaks at the Doha Forum in Doha, Qatar March 26, 2022. REUTERS/Ibraheem Al Omari
    Qatari FM says Iran's leadership open for a compromise on nuclear file
  • Picture: Collected
    First all-female crew domestic flight takes off in Saudi Arabia
  • A section of skin tissue, harvested from a lesion on the skin of a monkey, that had been infected with monkeypox virus, is seen at 50X magnification on day four of rash development in 1968. CDC/Handout via REUTERS
    Israel confirms first monkeypox case
  • A view shows the container ship Ever Given, one of the world's largest container ships, after it was partially refloated, in Suez Canal, Egypt March 29, 2021. Suez Canal Authority/Handout via REUTERS
    Egypt expects Suez Canal revenues to hit $7B by end of fiscal year

Related News

  • Iran's Revolutionary Guards say colonel assassinated in Tehran
  • Qatari FM says Iran's leadership open for a compromise on nuclear file
  • Hezbollah and allies lose majority in Lebanese parliament, final results show
  • Israel says Iran working on advanced centrifuges at new underground sites
  • Price protests turn political in Iran as rallies spread

Features

Musk is denying the sexual harassment allegation that surfaced this week. Photo: Bloomberg

Elon Musk’s crazily banal week 

3h | Panorama
Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

Asus Zenbook 14 Flip OLED: A touch of brilliance to your life

6h | Brands
Keep your phone by your side with this armband

Keep your phone by your side with this armband

4h | Brands
Are Focallure gel masks worth the hype?

Are Focallure gel masks worth the hype?

5h | Brands

More Videos from TBS

Threat of Monkeypox on the horizon

Threat of Monkeypox on the horizon

22m | Videos
Mosque of Mughal period in Gazipur

Mosque of Mughal period in Gazipur

37m | Videos
Photo: TBS

Can Sri Lanka bounce back?

7h | Videos
How to apply for a job at Oxfam

How to apply for a job at Oxfam

8h | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

4
Bangladesh at risk of losing ownership of Banglar Samriddhi
Bangladesh

Bangladesh at risk of losing ownership of Banglar Samriddhi

5
BSEC launches probe against Abul Khayer Hero and allies
Stocks

BSEC launches probe against Abul Khayer Hero and allies

6
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab