Tag: US sanctions
The US President has already imposed sanctions on Turkey over the detention of American Pastor Brunson.
Asian oil buyers rush to secure vessels, chartering rate up as much as 28%.
Iranian supreme leader only sees nations that help protect its economy as friends.
The three groups named by the US involved in the 'WannaCry' ransomware were Lazarus Group, Bluenoroff, and Andariel, which are controlled by North Korea's intelligence services.
The IAEA are investigating the particles' origin and have asked Iran to explain the traces.
Analysts are doubtful oil producers will succeed in bolstering crude prices dented by the US-China trade war.
The US and Turkey are hoping to quadruple their trade to US$100 billion a year.
Iran's atomic energy organisation spokesman Behrouz Kamalvandi will announce the third round of cuts in its nuclear commitments since May in a press conference.
President Hassan Rouhani's announcement comes shortly after the US hit the Islamic Republic with further sanctions.
The US is placing sanctions on the Iran Space Agency as well as two affiliated research centres.
Hassan Rouhani says Iran will not talk to the United States until it lifts all of the sanctions it reimposed after it exited the 2015 nuclear deal last year.
Huawei is developing its own mobile operating system called HarmonyOS but it remains unclear if it will be able to maintain its market share outside China.
The standstill coincides with mixed messages from Trump in the US-China trade war, which have dimmed hopes for prompt decisions on license applications to sell to Huawei.
Iranian foreign minister Mohammad Javad Zarif's Asian tour comes fresh on the heels of a surprise visit to the G7 summit in France over the weekend.
It is unclear on whether any conclusive decisions were made during Javid Zarif's talks with Macron and other world leaders over the United States sanctions on Iran's economy.
EU leaders have struggled to tamp down the brewing confrontation between Iran and the US since President Donald Trump pulled his country out of Iran's 2015 nuclear deal.
The question of tariffs is of particular concern for British Prime Minister Boris Johnson as he prepares to lead Britain out of the EU with the prospect of a no-deal Brexit.
Iran's Foreign Minister Mohammad Javad Zarif would reportedly visit China, Japan and Malaysia fresh on the heels of a tour of Western European nations.
The three men were designated as foreign drug kingpins by the US Treasury Department's Office of Foreign Assets Control.
Huawei's founder Ren Zhengfei calls under utilised employees to explore new projects amid US sanctions or expect a pay cut or worse, a job termination.
Some telecom companies in the US are 'dependent' on Huawei and thus a 90-day reprieve was deemed appropriate, according to US Commerce Secretary Wilbur Ross.
China petroleum joins Turkish Ziraat Bank by cancelling plans to purchase Venezuelan crude oil as America tightens sanctions against the South American nation.
'We're doing this for Christmas season just in case some of the tariffs would have an impact on US customers but so far they have had really none,' says US President Donald Trump.
The US would continue to refrain from doing business with Chinese telecoms equipment giant Huawei Technologies, says Trump.