The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.
The U.S. government has frozen about US$ 800 million in assets from senior Venezuelan leader Diosdado Cabello Miami journalist Oscar Haza reported Tuesday during his morning radio show on Miami’s Spanish-language Zeta 92.3.
Sportswear giant Nike says it has withdrawn its supply of boots to Iranian footballers ahead of the World Cup because of new US sanctions. The decision has frustrated Iranian players and head coach Carlos Queiroz, who asked FIFA to help his players.