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Brussels will create an alternative payment channel to facilitate financial transactions between the European Union and Iran in the near future to bypass US sanctions, the EU’s top diplomat, Federica Mogherini, has announced.

A German newspaper reported that France has ultimately agreed to host SPV to save Iran nuclear deal.

Central Bank of Iran reported that since starting NIMA system activity, 6.8 bn euros foreign currency has been provided for importing required commodities and services to Iran.

China's Iranian oil imports are set to rebound in December after two state-owned refiners in the world's largest oil importer began using the nation's waiver from U.S. sanctions on Iran.

India will import crude oil from Iran using a rupee-based payment mechanism, an industry person said.

Huawei Technologies Co.’s chief financial officer was arrested in Canada over potential violations of U.S. sanctions on Iran.

Turkey's purchases of Iranian crude oil fell to zero in November, according to a source familiar with the matter.

Iraq won't be left hanging amid Washington's sanctions on Iran, which supplies almost half of its electricity, experts familiar with U.S. policy say.

Central Bank of Iran reported that the producer price index in last twelve months ending up Aban month of the current year (October) increased by 26.9 percent compared to the same period of the previous year.

Head of Iran's Securities and Exchange Organization said there is no restriction for purchasing oil for both domestic and foreign buyers in the energy exchange.