Petrochemicals comeback stalls / Sanctions torpedo European players'plans for re-engagement

摘要

After Washington re-imposed sanctions against Iran and its business partners in August, with more coming in November, the "Joint Comprehensive Plan of Action" (JCPOA) may now be drawing its last breath. European firms should not expect to receive waivers. Meanwhile, Iran has asked the International Court of Justice to order the US to lift the sanctions.