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Soon-to-be sanctioned Iran FM says Trump is ‘100% RIGHT’ on less US presence in Persian Gulf

8 mins ago DieselGasoil Comments Off on Soon-to-be sanctioned Iran FM says Trump is ‘100% RIGHT’ on less US presence in Persian Gulf
Iranian Foreign Minister Javad Zarif has said Donald Trump is “100% right” in that the US military has no business in the Perisan Gulf, after Trump questioned whether they needed to maintain such a strong presence in the region. Tweeting in rare agreement after Trump announced a new round of sanctions against Tehran, Zarif said Read More

Oil mixed on crude demand fears and U.S.-Iran tensions

38 mins ago DieselGasoil Comments Off on Oil mixed on crude demand fears and U.S.-Iran tensions
NEW YORK (Reuters) – Oil prices were mixed on Monday as market concerns about the possibility of a conflict between the United States and Iran eased, while worries about declining crude demand resurfaced. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June Read More

US-Iran tensions raise threat of an even graver conflict

1 hour ago DieselGasoil Comments Off on US-Iran tensions raise threat of an even graver conflict
By Deborah Haynes, foreign affairs editor President Donald Trump calls it his policy of “maximum pressure” on Iran. He believes a mixture of increasingly tough sanctions coupled with diplomatic isolation will force the Islamic Republic back to the negotiating table. But we have been here before. Tehran has already been subjected to intense international sanctions Read More

Trump signs off sanctions targeting Iran’s supreme leader

1 hour ago DieselGasoil Comments Off on Trump signs off sanctions targeting Iran’s supreme leader
US President Donald Trump has signed off “hard-hitting” sanctions against Iran which he says will target the country’s supreme leader Ayatollah Ali Khamenei. The moves comes amid escalating tensions between the two countries after Tehran shot down an American drone last week. Speaking in the Oval Office at the White House, Mr Trump said he Read More

To Dotard, love Rocket Man? Kim & Trump confirmed ‘friendly’ pen pals despite disagreements

1 hour ago DieselGasoil Comments Off on To Dotard, love Rocket Man? Kim & Trump confirmed ‘friendly’ pen pals despite disagreements
“Excellent,” “beautiful,” “friendly,” Donald Trump and Kim Jong-un’s letters show that some things are bigger than politics. As tensions rise over stalling Korea nuclear talks, the leaders’ epistolary relationship is going strong. While we can’t be sure that US President Trump spent the last two weeks since he received North Korean Chairman Kim’s “beautiful” letter Read More

Global stocks mostly flat ahead of G20; dollar slips

2 hours ago DieselGasoil Comments Off on Global stocks mostly flat ahead of G20; dollar slips
NEW YORK (Reuters) – Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. Traders work on the floor at the Read More

To Dotard, love Rocketman? Kim & Trump confirmed ‘friendly’ pen pals despite disagreements

2 hours ago DieselGasoil Comments Off on To Dotard, love Rocketman? Kim & Trump confirmed ‘friendly’ pen pals despite disagreements
“Excellent,” “beautiful,” “friendly,” Donald Trump and Kim Jong-un’s letters show that some things are bigger than politics. As tensions rise over stalling Korea nuclear talks, the leaders’ epistolary relationship is going strong. While we can’t be sure that US President Trump spent the last two weeks since he received North Korean Chairman Kim’s “beautiful” letter Read More

Sanctions on Russia can be lifted ‘at any time’ – French PM

2 hours ago DieselGasoil Comments Off on Sanctions on Russia can be lifted ‘at any time’ – French PM
Even as both the EU and Russia renewed sanctions against each other, the French prime minister argued the measures are not permanent and could be removed swiftly, in a possible signal to Washington. “We know that sanctions are not a permanent regime, but a state that can be canceled at any time,” PM Eduard Philippe Read More

Oil prices slip on demand fears, Mideast tensions ease

3 hours ago DieselGasoil Comments Off on Oil prices slip on demand fears, Mideast tensions ease
NEW YORK (Reuters) – Oil prices edged lower on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran faded. FILE PHOTO: Flames emerge from the flare stacks at the West Qurna-1 oilfield, which is operated by ExxonMobil, near Basra, Iraq June 1, 2019. REUTERS/Essam Al-Sudani/File Read More

Exclusive: Huawei’s U.S. research arm builds separate identity

3 hours ago DieselGasoil Comments Off on Exclusive: Huawei’s U.S. research arm builds separate identity
(Reuters) – The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – has moved to separate its operations from its corporate parent since the U.S government in May put Huawei on a trade blacklist, according to two people familiar with the matter. FILE PHOTO: A Huawei company logo at the Read More