Tag Archives: Iran

‘Trump may kill Iran deal, and that would be bad…for America’

Donald Trump, a fierce critic of Iranian nuclear deal, has so far made no moves to withdraw the US from it. But a continued assault may lead to consequences that would be surprisingly bad for America, analysts warn. The deal’s future becomes even less promising with the exit of Rex Tillerson as secretary of state – seen as a voice ...

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‘If Iran makes nuclear bomb, so will we’ – Saudi Arabia’s next leader

Saudi Arabia will enter the nuclear arms race if Iran is ever successful in developing a weapon of mass destruction, according to Crown Prince Mohammed bin Salman. He also branded Iran’s supreme leader the “new Hitler.” The next leader of Saudi Arabia made the comment in an interview set to air on CBS 60 Minutes this weekend. The two countries ...

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Iran warns US not to make ‘foolish’ decisions on Syria

Iran has warned the United States not to make any “foolish” decisions regarding possible military action against Syria. Iranian Foreign Ministry spokesman Bahram Qassemi advised the White House to think carefully before adopting a more interventionist approach in Syria. The comments from Qassemi come after President Donald Trump ousted Rex Tillerson as the US Secretary of State on Tuesday. Tillerson ...

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'Bomb Iran & execute Snowden’: Brief history of Pompeo’s foreign policy rhetoric

Newly-installed Secretary of State Mike Pompeo doesn’t have a huge amount of experience as a diplomat so what can we expect from the former Kansas congressman now that he is heading US foreign policy? Pompeo landed the top job in the State Department on Tuesday after US President Donald Trump ousted Rex Tillerson. Here’s a flavor of his previous comments ...

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Iran could soon join Russia-led free trade zone

The Russia-led Eurasian Economic Union (EEU) could welcome Iran as a new member in May, according to Russia’s Energy Minister Aleksandr Novak. “The move to enter into a temporary agreement making for a free trade zone to be set up between Iran and the Eurasian Economic Union, which is currently at an advanced stage, will obviously trigger further development of ...

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Iran could lose 500,000 bpd if Trump trashes deal

Declining oil production from Venezuela is all but assured this year, but another OPEC member presents another supply risk to the market: Iran. Read more Conflict between the US and Iran is one of the top geopolitical risks to the oil market this year. A new report from Columbia University’s Center on Global Energy Policy spells out the possible scenarios that could play out ...

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Iran bans use of US dollar in trade

Tehran has announced that purchase orders by merchants that are based on US currency would no longer be allowed to go through import procedures. According to local media, the policy is in line with an official request by the Central Bank of Iran (CBI) and is specifically meant to address fluctuations in market rates of the US dollar. The CBI’s ...

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Iran developing national cryptocurrency to bypass US sanctions

A state-backed virtual currency may be launched in Iran, according to the Ministry of Technology. It has revealed that one of the country’s banks is working on the project. “In a meeting with the board of directors of Post Bank on digital currencies based on the blockchain, I … prescribed … measures to implement the country’s first cloud-based digital currency,” Minister ...

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