Iran vows to continue oil exports despite Trump's threats

Daimler has a long presence in Iran where it sold up to 10,000 vehicles a year before 2010

Daimler has a long presence in Iran where it sold up to 10,000 vehicles a year before 2010

Parliament speaker Ali Larijani said 129 of 243 lawmakers present voted to oust Labor Minister Ali Rabiei.

European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out.

Critics of Rabiei, in office since 2013, say he failed to properly manage the ministry's affiliated companies and that his mismanagement resulted in the creation of fewer jobs than expected.

In addition to the labor minister, the Iranian cabinet includes three other economy-related ministers: Finance, Industry and Commerce, and Agriculture. "The economic section of Rouhani's team is the weakest part of the government".

Iranian President Hassan Rouhani, speaking in a meeting with North Korea's foreign minister, said that America could not be trusted, according to the Islamic Republic News Agency. But he says the USA military is "paying attention", and will "remain ready to protect ourselves".

Despite opposing claims from the USA and Israel, researchers from the International Atomic Energy Agency (IAEA) maintain that Iran continues to abide by its commitment in the deal.

"Iran and North Korea have always had close views and supported each other in many critical worldwide points and the global community".

The Trump administration will ratchet up pressure on Tehran's economy in early November when US sanctions on Iranian oil are due to snapback.

Iran's Foreign Minister Mohammad Javad Zarif met with his North Korean counterpart Ri Yong Ho on Tuesday (Aug 7), on the same day the U.S. reimposed nuclear-related sanctions on the Islamic republic.

Oman hosted secret talks between the two countries in 2012 that ultimately led to the 2015 landmark nuclear deal with world powers.

"The performance of the USA government over the years is such that today the United States is recognized as an unreliable country in the world that does not adhere to any of its obligations", the President said, calling for the "expansion of relations and cooperation" between Tehran and Pyongyang.

"Certainly regional countries like Oman are not willing to see" a crisis, Zarif said.

The newly reimposed sanctions, which target access to USA banknotes and key industries such as cars and carpets, were unlikely to cause immediate economic turmoil.

"It's pretty clear to us that they were trying to use that exercise to send a message to us that as we approach the period of the sanctions here that they had some capabilities", US Central Command head General Joseph Votel told Pentagon reporters.

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