American officials said Iran had threatened to target missiles at Saudi Arabia’s oil infrastructure to drive up oil prices and disrupt international trade.
Tag: Embargoes and Sanctions
Venezuela’s Collapse Is the Worst Outside of War in Decades, Economists Say
Butchers have stopped selling meat cuts in favor of offal, fat shavings and cow hooves, the only animal protein many of their customers can afford.
As Trade War Rages, China’s Sway Over the U.S. Fades
Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines.
Israel Presses the Case Against Iran, but Not for War
Israel has quietly played an instrumental role in the escalating tensions in the Middle East. But analysts say it wants to pressure Iran, not start a war.
Skeptical U.S. Allies Resist Trump’s New Claims of Threats From Iran
The Trump administration is laying the groundwork for major military action against Iran, but it may have a hard time rallying domestic and international support.
North Korea Demands Return of Cargo Ship Seized by U.S.
The North called the seizure “a flagrant act of robbery.” The United States says the cargo vessel was being used to violate international sanctions.
North Korea Demands Return of Cargo Ship Seized by U.S.
The North called the seizure “a flagrant act of robbery.” The United States says the cargo vessel was being used to violate international sanctions.
U.S. Sanctions Cut Deep, but Iran Seems Unlikely to Budge
President Hassan Rouhani likened the impact of the sanctions to the economic pain Iran suffered during its long war with Iraq.
Cuba Rations Staple Foods and Soap in Face of Economic Crisis
The commerce minister blamed the Trump administration’s hardening trade embargo, but economists give equal or greater blame to a plunge in aid from Venezuela.
Nuclear Deal Traps E.U. Between Iran and U.S.
Iran said it would move farther to withdraw from the nuclear deal unless Europe, Russia and China protected its banks and trade.