The situation in Iran is bad for business. Every new threat makes things more difficult for entrepreneurs who have made big investments there. The withdrawal of the USA from the nuclear agreement dashed may hopes.
The foreign minister has condemned Washington's handling of the Iran conflict. Maas has advised following Europe's footsteps in diplomacy and called for further negotiations.
Germany, France and the UK said they were given "no choice" but to trigger the dispute process, which could lead to sanctions. They stressed that the move does not mean they're joining the US "maximum pressure" campaign.
Annegret Kramp-Karrenbauer has revealed that Donald Trump threatened punitive auto tariffs if Europe kept backing the Iran nuclear deal. She also said a post-Brexit UK would align closer to Washington than Brussels.
The Revolutionary Guard, once led by assassinated General Qassem Soleimani, is a powerful economic force in Iran. With the country's economy flailing as a potential war with the US looms, its influence is likely to grow.
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