• Oil Prices Rise After Trump's Iran Speech, But Supply And Demand Also Fueling Increase

    3 monthes ago - By NPR

    President Trump's announcement that he would withdraw from the Iran nuclear deal is just one reason drivers will pay more for gasoline this summer.
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  • Trump Pulls Out Of Iran Deal - Get Ready For What Fills In

    Trump Pulls Out Of Iran Deal - Get Ready For What Fills In

    3 monthes ago - By Forbes

    Donald Trump announced that the United States is pulling out of the Iran Nuclear Deal. Iran prepares for some eventualities, and the world will try to sort it out.
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  • Iranian politicians set the US flag on fire and chanted 'death to America' after Trump pulled out of the Iran deal

    Iranian politicians set the US flag on fire and chanted 'death to America' after Trump pulled out of the Iran deal

    3 monthes ago - By Business Insider

    Lawmakers gathered in Iran's parliament building on Wednesday to express their anger at the US leaving the Iran deal.
    President Donald Trump removed the US from the accord the night before, and attacked Iran's "long reign of terror and chaos."
    Around 20 lawmakers set fire to a paper US flag and a copy of the deal. They chanted "death to America," the traditional anti-US slogan in Iran
    European governments want to salvage the deal, and Iran said it will continue to comply for now.
    Members of Iran's parliament set fire to a US flag and chanted "death to America" after Donald Trump pulled out...
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  • Oil soars, dollar roars as Trump dumps Iran nuclear deal

    3 monthes ago - By Reuters

    LONDON - Crude oil prices jumped back to 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, while the dollar continued its tireless ascent and world stocks held steady.
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  • SoftBank sees quarter profits fall, looking to major deals

    3 monthes ago - By Chron

    TOKYO - Japanese technology company SoftBank Group Corp. says its quarterly profit fell but says its fortunes will change dramatically if reported deals come through.
    SoftBank plans to give up some of its stake in U.S. wireless company Sprint, under a $26.5 billion merger deal that will combine it with T-Mobile. The deal still requires U.S. regulatory approval.
    Speculation is rife SoftBank plans to sell some of its stake in Indian e-commerce company Flipkart to U.S. retailer giant Walmart.
    Tokyo-based SoftBank reported Wednesday January-March its profit totaled 24 billion yen , down from...
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  • China has quietly been preparing to 'fill the vacuum' created by the US leaving the Iran deal

    China has quietly been preparing to 'fill the vacuum' created by the US leaving the Iran deal

    3 monthes ago - By Business Insider

    China's role in global diplomacy has been rising, and Trump's decision to pull the US out of the Iran nuclear deal may have given Beijing a major boost.
    Alex Vatanka, a senior fellow at the Middle East Institute, told Business Insider that China has been playing a "smart, quiet game" with its Middle East diplomacy efforts, but may now choose to "fill the vacuum left by the United States."
    China is a key trade partner of Iran's, and may be seen as a natural choice to lead future negotiations, giving Beijing more diplomatic power in the Middle East.
    China's role in global diplomacy has been...
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  • Oil jumps, Asian shares mixed after US leaves Iran deal

    3 monthes ago - By Chron

    SEOUL, South Korea - Oil prices surged while Asian stock markets traded mixed on Wednesday after President Donald Trump announced the United States will withdraw from a 2015 nuclear accord with Iran and re-impose sanctions.
    KEEPING SCORE: Japan's Nikkei 225 dropped 0.4 percent to 22,408.88 and South Korea's Kospi retreated 0.2 percent to 2,443.98. Hong Kong's Hang Seng index added 0.1 percent to 30,445.07 while the Shanghai Composite Index dipped 0.1 percent to 3,159.15. Australia's S&P/ASX 200 added 0.3 percent to 6,108.00. Stocks rose in Taiwan, Singapore and Indonesia but fell in...
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  • EU rep says Iran deal will not 'fall apart' without the US

    3 monthes ago - By Chron

    BEIJING - The Iran nuclear deal will not "fall apart" despite the United States withdrawing from the landmark accord, the European Union's representative to China said Wednesday.
    The EU believes "that this is an agreement which belongs to the international community," ambassador Hans Dietmar Schweisgut said during a press briefing in Beijing. "This is not an agreement that will fall apart if you just walk away."
    Negotiated by the Obama administration, the 2015 Iran accord included EU members Germany, France and Britain, and had lifted most U.S. and international economic sanctions against...
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