Trump targets Iran’s trade lifelines — here are the countries most exposed
Washington's threat of "economic D-Day" collides with a small group of governments that account for most of what remains of Iran's foreign trade.
The US has announced new sanctions against Iran, anticipating that other countries will follow suit in an effort to economically isolate the country. Additionally, Syria has been removed from the list of state sponsors of terrorism, a significant step that removes a major hurdle to the nation's economic recovery. In the art world, leading Palestinian artist Sliman Mansour has passed away at the age of 79, leaving behind a visual language that has shaped Palestinian identity.
Meanwhile, in the real estate sector, Abu Dhabi's Lulu Island is undergoing a major transformation under the development of Eagle Hills Properties. In the transportation industry, Dubai's public parking operator Parkin is expanding its smart parking services to Bahrain and Egypt.
Brief written by urgent.news from The National UAE's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 3 other outlets
- US targets Iran’s crypto sector, cites over $100M in oil-linked payments cointelegraph.com
- US expects more countries to cut Iran trade, Syria clears major economic hurdle and Parkin expands regionally thenationalnews.com
- Trump targets Iran’s trade lifelines — here are the countries most exposed cnbc.com
