While United States (US) sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
Huawei’s sales unexpectedly boomed in the first half of the year, company figures showed Tuesday, as United States sanctions showed few signs of slowing the Chinese tech giant down.
US President Donald Trump issued an executive order Friday laying the groundwork for sanctions against those who have exacerbated the “deteriorating situation in Mali,” the White House said.
Chinese telecoms giant Huawei, which is subject to United States (US) sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.
Russian President Vladimir Putin paid a lightning visit to Rome on Thursday, including talks with the pope, hailing efforts by Italy’s populist government to ease sanctions despite Moscow’s ongoing crisis with the West.