China's total exports fall ahead of US trade talks, Germany tests electric highway for hybrid trucks, Oil prices under upward pressure over Iran sanctions
The Trump administration has said it would no longer grant waivers to some of the major importers of Iranian oil. DW takes a look at the impact of this decision on major stakeholders.
Foreign Minister Heiko Maas has decried US escalation and called on Iran to abide by the existing nuclear agreement. He said a "spark" could set off a "wildfire" that would have implications for Europe.
The United States has said no governments will be exempted from US sanctions on Iranian oil imports. The White House said the decision was intended "to bring Iran's oil exports to zero."
The US move to reimpose sanctions on Iran and choke off the last remaining sources of Tehran's oil revenue has crippled the Iranian economy. For many ordinary Iranians, it's becoming increasingly hard to get by.
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