Senior diplomats from Iran and five major world powers sat down for talks in Vienna on Friday.

Iran says the European financial mechanism introduced to compensate for US sanctions will only be useful once it covers Iranian oil sales.

Iran's deputy foreign minister says progress has been made in Vienna talks aimed at saving the 2015 nuclear deal with world powers but the demands of the Islamic Republic are yet to be met.

Iran says it will take the second step in reducing its commitments under the 2015 nuclear deal more “firmly” if a European payment system designed to bypass sanctions proves to be "superficial". 

The WSJ says Europe is to provide a fist credit line for Instex with an announcement on Friday.

Less than 20 days left before the end of Iran’s deadline, Japanese Prime Minister and German Foreign Minister visited Iran.

Iranian Parliament Speaker Ali Larijani has criticized France for its inaction in preserving the 2015 nuclear deal.

The Trump administration is now weighing sanctions on Iran’s counterpart to the European special-purpose vehicle for humanitarian trade, Bloomberg says.

Iran says the Europeans have failed to meet its expectations as the German foreign minister visits Tehran to salvage the 2015 nuclear deal.

French Finance Minister Bruno Le Maire says Europe is coming under immense pressure from the US to drop its proposed trade channel with Iran.