The ‘termination’ of the nuclear deal with Iran and the ‘destruction’ of the transatlantic alliance between the EU and the US are ‘bound to have a negative effect on the European economy and cause other dislocations’, according to Soros
iran nuclear deal
2015 nuclear accord
UAE sees Iran going for nuclear deal after Trump exit
Anwar Gargash, the UAE’s minister of state for foreign affairs, says Iran will be forced back to the negotiating table to broker new deal
blacklist
US, Gulf Arab states place sanctions on Hezbollah leadership
The US and Saudi-led Terrorist Financing and Targeting Center said the sanctions were aimed at Hezbollah’s Shura Council, the powerful Lebanese militia’s decision-making council
iran nuclear deal
UAE sees OPEC oil capacity ‘buffer’ offsetting Iran sanctions
Energy Minister Suhail Al Mazrouei said Saudi Arabia, Kuwait and the UAE provide an adequate ‘buffer’ of potential output
iran nuclear deal
UAE, US act jointly to disrupt funding to elite Iran group
Sanctions have been imposed on six individuals and three companies funnelling money to Iran’s Islamic Revolutionary Guard Corps-Qods Force
Crude price
Here’s what oil at $70 means for the world economy
With the price of crude up about 18 percent this year and now trading at the highest since 2014, exporters of the fuel get to enjoy a windfall while consuming nations get hurt
ballistic missile
Explainer: US withdraws from the Iran nuclear deal
Ehsan Khoman, MUFG’s head of research and strategist on what the possible reimposition of sanctions mean for business
Energy
Video: Oil analyst says Iran sanctions ‘will create market opportunities’ for Saudi Arabia
As the oil price hits another three and a half year high after Donald Trump pulled the US out of the Iran nuclear deal, Ian King speaks to Andy Critchlow, who is head of energy content for S&P Global Platts.
diplomatic crisis
Gulf braces for fallout after US exit from Iran deal
Three GCC countries led by Saudi Arabia back Trump while others remain circumspect
ballistic missile
Video: What is the Iran nuclear deal?
What the Iran nuclear deal is and whether its future will last.
iran nuclear deal
Saudi Arabia ready to ‘mitigate’ impact of Iran oil sanctions
New sanctions could disrupt as much as 1 million barrels a day of Iranian crude – about a quarter of its total output – opening room for Saudi Arabia to fill the gap
European Union
EU faces uphill fight to keep Iran nuclear deal alive post-Trump
Russia said late Tuesday it was ‘deeply disappointed’ by the US decision to pull out of the deal
iran nuclear deal
Crude surges after Trump tears up Iran deal, equities turn lower
The dollar held gains after Federal Reserve boss Jerome Powell indicated the central bank would press on with raising interest rates
Airbus
Boeing, Airbus’ $40bn Iran deals halted following US withdrawal
Boeing, Airbus’ export licenses to Iran will be revoked, according to US Treasury Secretary Steven Mnuchin
ballistic missile
Trump withdraws from Iran deal, defying European allies
UAE, Saudi Arabia ‘supports and welcomes’ Trump Iran move
ballistic missile
UAE, Saudi Arabia ‘supports and welcomes’ Trump Iran move
Saudi Arabia accused Iran of ‘taking advantage of the revenue generated by the lifting of the sanctions to destabilise the region’
iran nuclear deal
‘Iran’s ambition to dominate the Middle East remains’, says US Secretary of State
National Security Advisor John Bolton said Trump is still considering his options on the nuclear deal