Iran Likely To Struggle More In 2020

Iran had a rough year in 2019 and the New Year is quite likely to bring just as many difficulties to the door of the Islamic republic.Iran came under increased pressure in the previous 12 months, led by a U.S. campaign of "maximum pressure" that included devastating sanctions that are now in their second year.In reaction to ...

Source: Oilprice.com

U.S. Sanctions Have Cost Iran $200 Billion

President Hassan Rohani made the comments while launching a railway project near Tehran on December 31. "Iran would have earned $200 billion surplus income...if the country were not involved in an economic war," he said. The United States imposed new sanctions against Iran after Washington abandoned the 2015 nuclear deal in which Iran agreed to curb its controversial nuclear ...

Source: Oilprice.com