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Maersk says U.S. sanctions make doing business in Iran impossible

COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk said Thursday it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the United States from a nuclear accord......»»

Category: topSource: reutersMay 17th, 2018

Oil Smuggling Could Be a $133 Billion Business

When the U.S. imposes new sanctions on Iran later this year, restrictions on oil exports will be a big piece of the penalty. Could Iran turn to the black market to make up for the lost cash flow?.....»»

Category: blogSource: 247wallstMay 10th, 2018

Futures Movers: Oil rises, on track for weekly loss as Iran nuclear talks make progress

Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»

Category: topSource: marketwatchMay 21st, 2021

Market Snapshot: Oil rises, on track for weekly loss as Iran nuclear talks make progress

Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»

Category: topSource: marketwatchMay 21st, 2021

Huawei plans to make electric vehicles and the first could arrive this year, according to a report

A move into electric vehicles would be a huge shift for China's Huawei, whose smartphone business has been hit hard by US sanctions. Huawei CEO .....»»

Category: topSource: businessinsiderFeb 26th, 2021

Trump"s national security adviser suggests Iran has been "choked off" by sanctions, but Trump says he "couldn"t care less" if Iran wants to negotiate

Brendan Smialowski/AFP via Getty Images; Behrouz Mehri/AFP via Getty Images; Samantha Lee/Business Insider President Donald Trump on Tuesday said he "couldn't care less" if US sanctions f.....»»

Category: topSource: businessinsiderJan 12th, 2020

Iran is using bulldozers at the Ukrainian plane crash site, which could make it impossible to find out what really happened

A Ukrainian airplane crashed shortly after taking off in Iran on Tuesday, killing all 176 passengers onboard. .....»»

Category: topSource: businessinsiderJan 9th, 2020

SpaceX"s Starlink internet satellites could make astronomy on Earth "impossible" and create a space-junk nightmare, some scientists warn

SpaceX; Kevork Djansezian/Getty; Business Insider SpaceX launched 60 Starlink satellites into space on Monday as part of a plan to blanket Earth in high-speed.....»»

Category: topSource: businessinsiderNov 16th, 2019

Turkey"s Halkbank could face fine for failing to appear in U.S. court: prosecutor

A U.S. prosecutor on Tuesday called Turkey's Halkbank a "fugitive" after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran......»»

Category: topSource: reutersOct 22nd, 2019

Abandoned markets and empty cinemas: 11 photos show how ordinary people are being hit by Trump"s sanctions on Iran, which are ramping up again

Masoud Soheili/Business Insider President Donald Trump's administration has since last November imposed waves of sanctions on Iran's economy, aimed at crippling its leadership so badly that it acquiesces to US.....»»

Category: topSource: businessinsiderSep 29th, 2019

German business with Iran down sharply as US sanctions bite

A German business group says German companies' trade with Iran has declined sharply as the United States turns up the economic heat on Tehran......»»

Category: topSource: foxnewsMay 26th, 2019

Oil falls after Trump presses OPEC to make up for Iranian sanctions

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran......»»

Category: topSource: reutersApr 29th, 2019

What Halliburton, Schlumberger Earnings Signal as US Iran Sanctions Waivers End

The expected announcement coming later Monday on an end to the waivers the United States has granted to eight countries doing business with Iran may be even worse if lukewarm outlooks from oilfield........»»

Category: blogSource: 247wallstApr 22nd, 2019

Iran"s oil tanker fleet being squeezed as sanctions bite

Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said......»»

Category: topSource: reutersMar 13th, 2019

ZTE applies to US Commerce department for suspension of business ban

Washington imposed a seven-year ban on U.S. companies selling components and software to ZTE after finding the Chinese telecoms company breached U.S. sanctions on Iran......»»

Category: topSource: foxnewsMay 6th, 2018

Companies Prepare for the Worst Amid Trump Iran Decision

Any new U.S. sanctions would likely affect European multinationals, if they have big business stateside or use the U.S. dollar or American banks in transactions......»»

Category: europeSource: wsjMay 8th, 2018

Who gets hit when US resumes Iran sanctions

President Donald Trump’s decision to reimpose sanctions on Iran threatens to tighten global oil markets and could derail tens of billions of dollars in business deals......»»

Category: topSource: moneycentralMay 8th, 2018

Who gets hit when US resumes Iran sanctions

President Donald Trump’s decision to reimpose sanctions on Iran threatens to tighten global oil markets and could derail tens of billions of dollars in business deals......»»

Category: topSource: moneycentralMay 8th, 2018

Companies Reassess Iran Ties as Sanctions Loom

President Donald Trump said the U.S. would levy the “highest level” of sanctions against Iran, including the punishment of Western companies and banks if they continue to do business with the country......»»

Category: smallbizSource: wsjMay 8th, 2018

What will Siemens do?

Germany's Siemens is already doing business in Iran. What does Washington's plans to reinstate sanctions mean for it and other European companies?.....»»

Category: videoSource: cnnMay 8th, 2018

Iran Sanctions, SoftBank Boo-Boo, Net Neutrality: CEO Daily for May 9, 2018

Must-read business news, delive.....»»

Category: europeSource: fortuneMay 9th, 2018