Iran, World Powers Prepare for Nuclear Deal Talks

Iranian Vice President Jahangiri speaks during a news conference after a meeting with Iraq's top Shi'ite cleric in Najaf

The daily singled out India saying among the major importers of Iranian crude oil, which also include China and Turkey, it was the only country buckling under U.S. pressure.

"In the next few weeks, we expect to have some engagements on the issue with the US".

When asked at a news conference in Bern later on Tuesday whether those comments constituted a threat to interfere with the shipping of neighbouring countries, Rouhani said, "Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption ..."

India is also expected to convey to the United States the importance of the Chabahar port project considering that it can be a major link for trade with war-ravaged Afghanistan.

"I really don't see how this (cutting oil imports from Iran to zero) is feasible from either a political or market perspective", says Richard Nephew, who helped negotiate the original oil sanctions on Iran and who is now at Columbia University's Center on Global Energy Policy.

"Iran will survive this round of USA sanctions as it has survived them before. It (the U.S. sanctions) should be carved out in the context of Afghanistan", said the source. Washington has since told countries they must stop buying Iranian oil from Nov 4 or face financial measures.

Iranian Foreign Minister Mohammad Javad Zarif is set to meet with counterparts from the five other countries in the nuclear deal - the United Kingdom, France, Germany, Russia and China - on Friday in a bid to save the deal, which sought to curb Iran's nuclear program in exchange for sanctions relief from the USA and others. "That is still to be done". The remaining 45 percent payment was remitted in rupees in accounts Iranian oil companies had with the Uco Bank.

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The sources said the U.S. was prepared to work with countries that are reducing their oil imports on a case-to-case basis. "But history will judge other nations based on what they do today", he said.

United States pressure on Iran forced the Japanese leader to cancel a planned visit to the country later this month.

Iranian Foreign Minister Mohammad Javad Zarif suggested the arrests, which were announced as he and President Hassan Rohani began the trip, were a "false flag" operation.

TRT World spoke to Sami Hamdi on the possible impact of an Iranian oil imports ban. Saudi Arabia accuses Iran of supporting Houthis rebels in Yemen's civil war. Iran supplied 18.4 million tonnes of crude oil between April 2017 and January 2018 (first 10 months of fiscal 2017-18).

Separately, Iran's interior minister Abdolreza Rahmani Fazli warned Tuesday that "if we close our eyes for 24 hours, 1 million refugees will go toward Europe through our Western borders" via Turkey.

Iran's Islamic Revolutionary Guards Corps (IRGC) vowed to attack oil exports from the region with Qassem Soleimani, the force commander, issuing a letter backing President's Hassan Rouhani's threat of retaliation against U.S. sanctions.

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