Oil prices fell 1% as investors awaited a US announcement on tougher sanctions against Iran. Brent crude and WTI both dropped on Monday trading.
Iran has survived sanctions before. This time, Washington wants to close the escape routes
Tehran has spent decades building a parallel system of brokers, shadow oil networks, barter and alternative currencies. The new US strategy is aimed at making those workarounds increasingly expensive.
Iran Warns Gulf States Against Joining Trump’s Economic War, or Else
Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.
Iran threatens ‘seismic retaliation’ as Trump administration prepares new sanctions
‘The Big Weekend Show’ co-hosts discuss reports that Iran is considering strikes on U.S. military targets in Europe if President Donald Trump escalates the war.
Trump’s economic isolation plan risks Iran strikes across the gulf
President Trump is betting ramped-up economic pressure against Iran’s trading partners can finally force Tehran to accept a peace deal on U.S. terms. But, as with similar efforts before, Iran may be ...
Why Trump is seeking a new summit with an emboldened Kim Jong Un amid Iran war struggles
Experts say North Korean leader Kim Jong Un, who is in a stronger position than when he last met Trump in 2019, won’t negotiate unless the U.S. accepts the North as a nuclear power.
Iran says ‘desperate’ new sanctions will fail, mediator Pakistan sends army chief to Tehran
Iran said Pakistan’s army chief would visit Tehran on Monday as part of efforts to restore peace and security in the region, but gave few details.
Analysis – China’s property crisis grinds on after Evergrande sentencing
Aug 24 (Reuters) - The one-time billionaire who came to personify the boom and bust of China's property market was sentenced to life in prison last week by a Chinese court. But the collapse of the ...
Dubai property trend: Owners spend up to $5.4m on villas as kitchens, pools and smart homes transform
Dubai homeowners are spending up to $5.4m renovating luxury villas as rising property values reshape kitchens, pools, smart homes and buyer priorities ... ( read original story ...)
Cyprus Business Now: Larnaca tourism, Keve, construction, banking, pensions
Construction activity across the European Union weakened sharply in June, according to Eurostat data released Thursday, although Cyprus is entering the period from a comparatively strong position, ...