Showing posts with label US pullout from Iran deal: Who will pay the economic price? Trump's decision to withdraw from the Iran nuclear deal and the implications for the global economy. Show all posts
Showing posts with label US pullout from Iran deal: Who will pay the economic price? Trump's decision to withdraw from the Iran nuclear deal and the implications for the global economy. Show all posts

Tuesday, May 15, 2018


By Aljazeera, May 12, 2018

This week, US President Donald Trump announced that he has withdrawn from the Iran nuclear deal and is set to renew sanctions on Iran. It's a decision which has implications for the global oil market and multi-billion dollar business deals.

European companies like Total, Airbus, Siemens and Renault are nervously looking at their options. They could risk losing access to the US market and face fines if they choose to do business with Iran.