Analysts didn’t anticipate the convergence of factors driving oil prices down. A record production of U.S. crude combined with increased pumping globally have created an unexpected surplus. Combine that with slowing global demand and President Donald Trump easing sanctions on Iran, and oil prices are in a slump. What will it take for OPEC to […]
Iran Supreme Leader Ayatollah Ali Khamenei urges government to work "day and night" on economic problems.
The Trump administration looks to cut the Iranian economy from a key source of revenue. Analysts say past sanctions weren't totally able to do that.
U.S. sanctions on Iran go into effect today. Back in 2015 when Iran agreed to limit its nuclear program, many U.S. sanctions were lifted. But President Donald Trump pulled out of the multinational agreement in May, and now the measures are back. What’s at stake for foreign companies? Click the audio player above to hear […]
The Foreign Investment Risk Review Modernization Act is likely headed for a vote in the Senate Banking Committee on Tuesday.
The pistachio industry has zigzaged along with our diplomatic relationship with Iran.
With the end of the U.S. involvement in the Iran nuclear deal comes the return of U.S. sanctions. Those sanctions can affect companies in other parts of the world, because the U.S. can punish foreign companies that do deals with Iran if those companies also conduct business in the U.S. This, to put it mildly, […]
In Germany, officials are confident that the European leaders will broker a deal that avoids U.S. punishment.
Trump’s decision means Iran’s government must now decide whether to follow the U.S. and withdraw or try to salvage what’s left of the deal.
President Donald Trump’s choice to replace Rex Tillerson as secretary of state could spell trouble for the nuclear deal with Iran. Trump’s nominee, Mike Pompeo, shares the president’s disdain for the agreement. The international commission implementing the Iran deal will try to hammer out a compromise at a meeting in Vienna today. Click the […]