On Friday the United States will lift sanctions on at least one Dalian unit of tanker company of China COSCO that Washington accused of transporting Iranian oil, a U.S. official with knowledge of the matter said.
On Wednesday president of Iran Hassan Rouhani told the United States that Washington might have “cut off the arm” of General Qassem Soleimani but America’s “leg” in the region would be cut off in response, Iran’s Fars news agency reported.
President of Iran presented a draft state budget of about $39 billion to parliament on Sunday, saying it was designed to resist U.S. sanctions by limiting dependence on oil exports. Officials have not given figures for the oil price and export volumes used in the calculations, although the IMF has indicated Iran would need oil prices to be triple current levels to balance its budget as its crude exports have plunged.
Mike Pompeo, who departed from Joint Base Andrews near Washington en route for Brussels, will hold talks with European officials on Iran and other issues on Monday before heading to Russia, the official added, speaking on condition of anonymity.
United States President Donald Trump and South Korean President Moon Jae-in spoke for 35 minutes earlier on Tuesday, during a call in which the two leaders also discussed ways to continue dialogue with Pyonyang, the South Korean news agency reported.
On Friday the Kremlin said that an idea floated by United States President Donald Trump for a deal between the United States, China and Russia to reduce spending on weapons production deserved attention and should be discussed further.
On Tuesday US President Donald Trump was set to deliver a State of the Union speech challenging Democrats to approve funding for his long-sought border wall, but stopping short of declaring a national emergency over it, at least for now.