EU Tells Members to Prepare for ‘Prolonged Disruption’ to Energy Markets from Iran War
By Kate Abnett
BRUSSELS, March 31 (Reuters) - European Union governments should prepare for a "prolonged disruption" to energy markets as a result of the Iran war, the bloc's energy chief has told countries' ministers ahead of an emergency...
U.S. Threatens Countries Doing Business With Iran, but Holds Off on Penalties for Now
#US, #Iran, #BusinessTies, #Sanctions, #Penalties
By David Lawder and Humeyra Pamuk
WASHINGTON, Aug 24 (Reuters) - President Donald Trump's administration on Monday announced a possible expansion of sanctions on countries doing business with Iran as part of what it billed...
EXCLUSIVE – How Trump’s Crypto Venture and Iran’s Top Exchange Tapped Into the Same...
By Tom Wilson and Gavin Finch
LONDON, May 18 (Reuters) - When customers of Iran’s largest crypto exchange needed to move billions of dollars, networks created by two of the industry’s biggest players served as conduits.
And from the early stages of President Donald Trump’s flagship digital...
Women-Led Home-Based Businesses Devastated by Internet Blackout in Iran
By Kayhan Life Staff
Home-based businesses in Iran engaged in activities such as handicrafts and ecotourism have been devastated by the Internet blackout in force since the Feb. 28 outbreak of the war with the...
U.S. Unveils ‘Economic D-Day’ of Sanctions to Isolate Iran
#US, #Iran, #EconomicDDay, #Sanctions, #Isolation
By David Lawder, Humeyra Pamuk and Asif Shahzad
WASHINGTON/ISLAMABAD, Aug 24 (Reuters) - The U.S. on Monday announced an expansion of secondary sanctions it hopes will "sever every economic lifeline" that sustains Iran, U.S....
War Weighs on Iran’s Economy as US Intensifies Sanctions
#Iran #US #Sanctions #IranEconomy #EconomicCrisis #MiddleEast #Geopolitics
By Eman Abouhassira and Yasmine Ghania
DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the...
Trump Says India Will Buy Oil From Venezuela, Not Iran
By Trevor Hunnicutt
ABOARD AIR FORCE ONE, Jan 31 (Reuters) - U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to purchasing oil from Iran.
"We've already made that deal, the concept of the...
Iran War Spurs ‘Travel Dollar’ Black Market Linked to Smuggling Rings
By Roshanak Astaraki
Since the outbreak of war initiated by Israel and the United States against the Islamic Republic of Iran, an underground market has emerged within Iran’s currency exchange sector.
In this market, buyers who...
US-Iran Deal May Not Bring Quick Relief for Auto Shops
By Daniel Leussink and Kalea Hall
TOKYO/DETROIT, June 16 (Reuters) - Tokyo auto shops and Detroit car dealerships have been running short of motor oil, paint and other products for months since the Middle East conflict snarled global supply chains.
Now, while...
Bessent: Any Rollback of Economic, Financial Blockade on Iran Would Be Slow
May 29 — U.S. Treasury Secretary Scott Bessent said on Friday that any removal of the U.S. financial and economic blockade on Iran would be slow.
“We’ll see,” Bessent said. “It will be — anything...
