NEWSWORTHY

Once-eased U.S. economic sanctions against Iran back in effect

/ Aug 7, 2018

Once-eased U.S. economic sanctions against Iran back in effect

The first set of U.S. sanctions against Iran that had been eased under the landmark nuclear accord went back into effect early Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve U.S. dollars, Iran's automotive sector, the purchase ...

Jul 12, 2018

OPEC data show Venezuela oil output in free fall

Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday. The South American nation earns 96 percent of its revenue through oil sales but a lack of ...

Iran's leaders seek ways to defend economy from U.S. sanctions

Jul 1, 2018

Iran's leaders seek ways to defend economy from U.S. sanctions

Iran is studying ways to keep exporting oil and other measures to counter U.S. economic sanctions, state news agency IRNA reported on Saturday. Since May, when U.S. President Donald Trump pulled out of the nuclear deal which lifted most sanctions in 2015, the rial currency ...