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A simple misunderstanding between Trump and Erdogan may have tanked Turkey’s economy

Andrew Brunson, an imprisoned evangelical, became a flashpoint in Turkish-US relations which contributed to the crisis that is sending Turkey's economy plummeting towards rock bottom.

Oil jumps after IEA says maintaining global supply with Iran sanctions could be ‘very challenging’

Crude prices rebounded Friday amid expectations for US sanctions against Iran, which would cut off oil imports from the country, and a rise in global demand.
President-elect Donald Trump

Trump says Iran sanctions are back, asks for nothing less than ‘WORLD PEACE’

President Donald Trump has repeatedly pushed for talks with Iran's leadership, though that could embarrass the theocratic leaders of the country, as they see themselves as holy warriors fighting US hegemony.

Oil prices spike ahead US sanctions on Iran

Oil prices rallied Monday as markets braced for the reimposition of US sanctions against Iran. Other sanctions, including those targeting Iranian crude, will resume in November.

The US slapped sanctions on 2 top Turkish officials over their role in detaining an evangelical pastor

The US imposed sanctions against two top Turkish officials on Wednesday in a long-standing dispute over Turkey's detention of American pastor Andrew Brunson. Brunson was arrested in 2016 and has been accused of leading a failed military coup against Turkish President President Recep Tayyip Erdogan.

The Turkish lira plunges to a record low after the US announces sanctions

Turkey's currency plummeted to a record low against the dollar Wednesday after the White House said it plans to impose sanctions on Ankara unless it releases a detained American pastor who has been imprisoned in the country for nearly two years.
Iranian President Hassan Rouhani attends a meeting with Muslim leaders and scholars in Hyderabad

Iran’s currency plunges to a record low as US sanctions near

Iran's currency sank to an all-time low over the weekend, falling below 100,000 rials to the dollar, ahead of the first round of US sanctions which are set to go into effect next week.

Sanctions are crippling North Korea’s economy

The North Korean economy saw its steepest decline in 20 years in 2017, according to South Korea's central bank, as the isolated country faces mounting sanctions.
President Donald Trump with Indian Prime Minister Narendra Modi at the White House, June 26, 2017.

India says it’s going ahead with a major Russian arms deal, and the US may have already backed itself into a corner

The US has tried to warn other countries away from deals with the Russian defense and intelligence sectors, but India has longstanding ties with Moscow and is undeterred.
Russia's President Vladimir Putin (L) shakes hands with US national security adviser John Bolton during a meeting at the Kremlin in Moscow, Russia on June 27, 2018.

John Bolton just did a complete 180 on his Russia stance after meeting with Putin

President Donald Trump's national security adviser John Bolton once said Russia's election meddling was an "act of war" against the US and that the US could not trust Russia. He changed his tune completely after meeting with Russian President Vladimir Putin.