Tag: iran
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China says US ‘sanctions and pressure’ on Iran not a solution
BEIJING: China said on Friday (Aug 21) that United States “sanctions and pressure” would not resolve the Middle East conflict, after Washington urged governments including Beijing to join efforts to isolate the Iranian econom
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Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran
Oil prices eased Friday but remained on track for a second straight weekly gain as hopes of a swift reopening of the Strait of Hormuz faded to near-zero.
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CNBC Daily Open: The ‘Bessent Bid’ wares off
In a CNBC exclusive, U.S. Treasury Secretary Scott Bessent says he could expand a bond buyback plan, but yields march higher despite the extraordinary action.
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How much could Trump’s ‘economic D-Day’ sanctions hurt Iran?
Iran has so far proved adept at finding ways around years of already punishing sanctions on its economy.
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Increased US sanctions on Iran make large-scale war less likely: Bessent
US Treasury Secretary Scott Bessent said the United States will impose “the toughest sanctions in history” on Iran and urged China to cooperate with Washington.
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Scott Bessent urges US partners to back plans to ‘squash’ Iran economy
The US Treasury secretary says allies will need to decide whether they “are with us or against us”.
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In Iran, contact with foreigners could soon be a crime
A new bill would impose sweeping restrictions and penalties for ties with foreign institutions and contacts with foreign-based media, making it even more difficult to access information within Iran.
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Oil hits over 3-week high on Middle East supply concerns amid war impasse
LONDON, Aug 20 : Oil prices climbed to more than three-week highs on Thursday, driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region.Brent crude futures for October delivery were up $2.19, or 2.39 per cent, to $93.81 a barrel at 1257 G
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Oil hits 3-week high on Middle East supply concerns amid war impasse
LONDON, Aug 20 : Oil prices climbed to three-week highs on Thursday, driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region.Brent crude futures for October delivery rose $1.20, or 1.3 per cent, to $92.82 a barrel by 0813 GMT, while U.S.
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Oil prices rise as Trump sharpens Iran rhetoric amid talks impasse
Oil moved higher early Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.
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