Qantas has recorded its lowest pre-tax profits in four years, at $2.06bn, after the US war on Iran pushed up its fuel costs by $610m. Australia’s national airline also announced it would phase out its Airbus A380 models as it prepares to add new planes to …
President Donald Trump spoke on the phone with Al Jazeera’s Tanya Noury, saying the new economic sanctions on Iran are as effective as the US military’s bombing campaign. Trump says he has no timetable for ending the war and is prepared to continue it for …
OPINION: For more than four decades, the regime in Tehran has fueled terrorism, destabilized the Middle East through proxy militias, pursued nuclear weapons capability and brutally oppressed its own people. Successive American administrations tried …
The administration is likely also weighing the benefits of sanctioning Chinese banks against the risk that it may threaten Trump’s summit with China’s leader Xi Jinping in Washington next month. Bessent avoided naming “China” during his press conference …
Soon after taking office last year, President Donald Trump issued a directive laying out his “maximum economic pressure” policy against Iran. Yet Trump seems to have decided that even maximum pressure can be turned up to 11. He calls his new plan “Economic …
WASHINGTON — When President Donald Trump launched the war with Iran in late February, he initially forecast it would last four to five weeks. Six months later, there's still no off-ramp in sight despite Trump's repeated assertions that the war has …
Editor's note: Professor Wang Jin is a Middle East expert and CGTN Commentator. The article reflects the author's opinion and not necessarily the views of CGTN. The impact of the new round of US sanctions on Iran has long extended beyond the …
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