Iran Says Nuclear Talks Stalled Over Sanctions Predating Trump

  • Oops!
    Something went wrong.
    Please try again later.
Golnar Motevalli
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

(Bloomberg) --

Iran said the U.S. had agreed to lift sanctions on Iran’s oil industry and banks but the main issues stalling efforts by world powers to revive the nuclear deal are linked to penalties that go back to 2015, during negotiations over the original landmark accord.

Mahmoud Vaezi, President Hassan Rouhani’s Chief of Staff, told reporters that the U.S. had agreed in principle to lift “all of the economic sanctions” that were reimposed and added by former president Donald Trump after he exited the deal in 2018, including those on Iran’s energy, petrochemicals, banking and steel sectors.

U.S. Blocks Iran Websites as Oil’s Rise Continues: Iran Snapshot

The comments come a day before a deadline on Iran’s agreement with the International Atomic Energy Agency over nuclear inspections is set to expire and as the Rouhani government prepares to hand over to president-elect Ebrahim Raisi, a hardline cleric who was also personally sanctioned by Trump.

“All areas from insurance to oil and shipping have been agreed upon and about 1,040 sanctions from the Trump era will be lifted, according to this agreement,” Vaezi told reporters after a cabinet meeting with Rouhani on Wednesday.

Vaezi also said there was an agreement with the U.S. to lift “a number of sanctions on individuals” including people close to Supreme Leader Ayatollah Ali Khamenei, but he didn’t give details or specify whether they included Raisi.

Iran Raises Prospect of Nuclear Talks Slipping Into Raisi’s Rule

In separate statement Vaezi also condemned the U.S. Federal Bureau of Investigation for seizing a number of news websites run by Iran’s state broadcaster on Tuesday, including the English-language Press TV.

“This bogus U.S. policy is not constructive while nuclear deal negotiations are underway,” Vaezi said. “Iran will certainly retaliate in case there are similar examples from their side in Iran. We will use every legal and international tool to retaliate.”

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Recommended Stories

  • Iran's hard-line president-elect refuses to meet with Biden

    The White House is saying President Biden has no interest in meeting Ebrahim Raisi, the newly elected president of Iran — and the feeling is mutual. Elizabeth Palmer reports.

  • Tehran Says Nuclear Talks May Go Past August: Iran Snapshot

    (Bloomberg) -- Here is a snapshot of what’s happening with Iran nuclear talks and energy markets.Latest DevelopmentsIran raised the possibility that talks to rescue its nuclear deal with world powers could extend beyond August, when President Hassan Rouhani is set to be replaced by a hardline judge Ebrahim Raisi.Diplomats ended their latest round of negotiations in Vienna on Sunday and haven’t said when they’ll reconvene. They are trying to restore a 2015 agreement that limited Iran’s atomic act

  • Iran's president-elect says he won't meet with Biden, wants sanctions lifted ASAP

    Iran's president-elect says he won't meet with Biden, wants sanctions lifted ASAP

  • Kyle Rittenhouse's defense fund has raised close to half a million dollars in the run-up to his November trial

    Rittenhouse is accused of fatally shooting two men at a Black Lives Matter protest in Kenosha last year, among other charges.

  • Skipper raves about girl’s salmon catch, says ‘fish should fear her’

    A 15-year-old girl landed a 29.6-pound Chinook salmon and had the skipper raving about her fishing skills in making the impressive catch.

  • India economy: Seven years of Modi in seven charts

    Covid battered an already sluggish economy, weakened by poor growth, job losses and stagnant exports.

  • Seth Rogen got Conan O'Brien to smoke a joint on TV during his last week on TBS

    Conan wasn’t afraid to light up a joint right then and there, and Seth Rogen was pumped about it.

  • Conan O’Brien Smokes Up With Seth Rogen As His Time With TBS Late-Night Show Winds Down

    On Tuesday’s episode of Conan, Conan O’Brien sought some life advice from actor-producer Seth Rogen. “You seem like a guy who’s relaxed, centered, like you know who you are,” the late-night host observed. “I’m going to have a lot of free time on my hands now for a while. We’re going to start something else […]

  • Kate Middleton to Reprise Role as Peacemaker When William and Harry Meet to Unveil Diana Statue

    PHIL HARRIS/POOL/AFP via Getty ImagesKate Middleton took on the role of peacemaker between warring brothers William and Harry at the funeral of Prince Philip. She artfully engineered a situation in which the rival princes were filmed chatting apparently amicably to each other after they left the church and walked towards the queen’s private apartments in Windsor Castle.Prince Harry and Prince William Reunite After Prince Philip’s Funeral, Where the Queen Sat AloneSo reports that Kate will be pre

  • Japan is waking up a nuclear reactor way past its prime. Some of the country's energy experts think this is a terrible idea.

    Experts warned that the Japanese government should learn from the 2011 Fukushima disaster before extending the lifespan of nuclear reactors.

  • AOC slams filibuster rule after Senate Republicans block voting-rights act

    Republicans used the filibuster to block the For The People Act, an attempt to counter restrictive state-level laws being rolled out by the GOP.

  • Even Doctors Won’t Take Putin’s Vaccine as COVID-19 Rages in Russia

    Illustration by Elizabeth Brockway/The Daily BeastMOSCOW—After the Kremlin had all but declared victory against the COVID-19 pandemic in Russia—many across the country now believe they’re back to square one.This month, a raging new wave hit Russia’s big cities. Hospitals quickly turned into “red zones” for infected patients, scientists say they are expecting more than 20,000 new COVID-19 cases a day by the end of June, and all the while, Russian people remain hesitant to take the government at i

  • How the Mormon Church Beat Bill Gates in a Battle Over Farmland

    Photo Illustration by The Daily Beast/Photo by Chesnot/GettyOn Friday, a showdown between two of the largest agricultural landowners in the United States—the Church of Latter-Day Saints and Bill Gates’ wealth management firm—came to a head when the Mormons beat out the mogul on a bid for 12,000 acres of Eastern Washington farmland that was once at the center of a $244 million “ghost cattle” fraud locals have dubbed “Cattlegate.”The land in question lies on the mighty Columbia River, the fourth-l

  • Armed rebels have declared war on the Myanmar junta, and the country is gearing up for all-out urban warfare

    Violence in Myanmar took on a new tone on Tuesday when armed members of the People's Defense Force clashed with the military in Mandalay.

  • Clippers make a bloody mess of Game 2 in last-second loss to Suns

    The Clippers fought their way to a late Game 2 lead over the Suns, but missed free throws and a last-second alley-oop dunk gave Phoenix a 2-0 series lead.

  • Jimmy Kimmel Fires Back at Trump for Trying to Sic DOJ on Him

    ABCFew people were more excited about Tuesday’s big report in The Daily Beast concerning Donald Trump’s attempts to shut down his late-night TV critics than Jimmy Kimmel.“So, The Daily Beast reports that, in 2019, Donald Trump wanted the government to investigate—guess who, Guillermo?—me!” Kimmel said at the top of his monologue before quoting at length from the story. As The Daily Beast’s Asawin Suebsaeng and Adam Rawnsley reported, “According to two people familiar with the matter, Trump asked

  • Millions become millionaires during Covid pandemic

    Soaring stock markets and property prices help boost the wealth of the wealthy, research suggests.

  • Kim Jong Un's sister says US faces 'greater disappointment' if it wants to resume talks with North Korea

    Kim Yo Jong dismissed restarting talks with the US, saying it was taking her brother's comments "the wrong way."

  • ‘Redneck Rave’ Descends Into Throat Slashing, Impalements, and Mass Arrests

    Screenshot/YouTubeA massive country music festival in Kentucky this past weekend started off on rocky footing: Police found meth, marijuana, and an open bottle of alcohol in the first vehicle they stopped at a traffic checkpoint. One of the people in the car had two active warrants out for their arrest.“We were like, ‘Well, this doesn’t bode well for the weekend,’” Edmonson County Sheriff Shane Doyle told the Lexington Herald-Leader.By the end of the five-day bash, dubbed the “Redneck Rave,” one

  • Republicans block Democrats' voting rights bill

    VICE PRESIDENT KAMALA HARRIS: "The motion is not agreed to."The vote to open debate on a sweeping voting rights bill failed in the Senate on Tuesday, after Republicans blocked Democrats' attempt to advance a measure Senate Majority Leader Chuck Schumer said was critical to democracy.SCHUMER: "This vote, I'm ashamed to say, is further evidence that voter suppression has become part of the official platform of the Republican Party."Earlier, Republican Minority Leader Mitch McConnell - who hopes to win back control of the Senate in 2022 - argued the S. 1 bill infringed on states' rights.MCCONNELL: "By now, the rotten, inner workings of this power grab have been thoroughly exposed to the light." Despite all 50 Senate Democrats being united on the vote - after moderate holdout Joe Manchin agreed to vote with his party - they were unable to get the 60 votes needed to avoid a filibuster and move forward with the measure.Some congressional Democrats said they hoped losing the vote to open debate on the bill would provide an opportunity to scrap the filibuster rule that allows the minority in the Senate to block most legislation.Manchin currently stands in the way of that effort, too, along with fellow moderate Democrat Kyrsten Sinema.SCHUMER: "The fight to protect voting rights is not over."The voting rights bill - known as the For the People Act - has been one of the Democrats' top priorities, as it could offset a wave of laws passed in Republican-controlled states that make it harder to vote.Republican state legislators have justified their new voting limits - some of which reverse the 2020 election's expanded voting access - by citing former President Donald Trump's continued false claims that his resounding defeat last year was the result of widespread fraud.But a Reuters/Ipsos poll conducted last week showed that a majority of Americans generally want to expand access to voting and many oppose the more restrictive measures sought in Republican-controlled states.