Asian Companies Pull Back From Iran Amid U.S. Pressure

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Asian companies that provided a lifeline to Iran after the U.S. reimposed sanctions last year are pulling back, taking away some of Iran’s incentive to remain in the nuclear deal

Asian companies that had provided a lifeline to Iran after the U.S. reimposed sanctions last year are pulling back, hurting the hobbled Iranian economy and leaving the Islamic Republic with less incentive to stay committed to a multination nuclear deal, Western diplomats say.

The companies are reacting to the Trump administration’s moves this month to squeeze Iran’s oil exports and impose a terror designation on its paramilitary force. Among Asian businesses rethinking their dealings with Iran are banks, oil companies and...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

EarthDay ThursdayThoughts!🤔 SocialMedia Education Politics Technology PRess Banking Economy Entertainment Business StartUps ColonialIdentity FridaysForFuture EndPoverty ClimateAction ClimateJustice ClimateFinance GlobalGoals 4IR SDGs

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines