November's reintroduction of US sanctions on Iran's oil industry have hit its economy hard. Iranians are now bracing themselves for further restrictions due to take effect in May.
The US has issued an ultimatum to Turkey: If the country buys the S-400 missile defense system from Russia, sanctions will be imposed. The dispute goes beyond the weaponry. Differences on Syria and Iran are at play.
Both President Trump and the Pentagon stressed that they were not seeking to engage in a military conflict with Iran. Trump has been trying to pressure Tehran into negotiating a new nuclear deal.
Iraq has expressed anger over Exxon Mobil's decision to evacuate its foreign staff from an oil field amid growing US-Iran tensions. The move came just days after Washington pulled out its staff from the Baghdad embassy.
Pakistan has backed out of a joint gas pipeline deal with Iran due to the threat of US sanctions. Pakistan could face a heavy financial penalty, as it promised to complete the project in a bilateral agreement with Iran.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version