The United States has told countries to stop all imports of Iranian oil from November. The move comes after US President Donald Trump withdrew from the Iran nuclear deal last month.
Following two days of tense talks in Vienna, a deal to reduce oil production has been struck by OPEC and Russia. Prices have already risen on the back of the news, but Donald Trump will not be pleased.
President Donald Trump's call for OPEC to keep oil flows unrestricted drew criticism from Saudi Arabia. The oil cartel convened in Vienna to discuss cutting output, in a bid to bring prices back from a two-month slump.
An Iranian Revolutionary Guard commander said: "Iran needs no permission from foreign countries" to test missiles. The US, Britain and France claim the tests flout restrictions on Tehran's military program.
Iran and Iraq have both said they want to cooperate more despite fresh US sanctions on Tehran. The gulf neighbors could increase bilateral trade by $8 billion.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version