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Hassan Rohani has traveled to Iraq for the first time in five years. This visit happens as Iran faces US sanctions that have had a strong negative impact on Iran’s economy. Iraq has become Iran’s first trade partner, despite pressure from Washington. According to official reports, trades between the two countries have reached 10 billion dollars, attributable to imports of Iranian gasoline, electricity and services by Iraq. Most of these trades are imports of Iranian…

Oil prices were looking for direction on Tuesday as investors are concerned about geopolitical tensions in the Middle East. North Sea Brent crude for April delivery was worth $64.89 on the London Intercontinental Exchange (ICE) at 11am GMT, down 78 cents from Monday’s close. In the New York Mercantile Exchange (Nymex) electronic trading, a barrel of light sweet crude (WTI) for the March contract, he last day of trading, was 21 cents to 61.89 dollars.…

President Hassan Rouhani said Iran will continue to pursue its missile programme to defend the country from external threats. On February 11th 2010, Iran celebrated the 40th anniversary of the 1979 revolution up and down the country. The Iranian people took to the streets to mark the momentous occasion as they renewed their allegiance to the country’s Islamic principles amid rising political and economic pressure over US sanctions. Iranian President Hassan Rouhani addressed the crowds…

President Salih said that to his knowledge American forces are only in Iraq to assist in the fight against terrorism. President Trump’s plan to maintain a military presence in Iraq to “watch” over neighboring Iran has been rejected by Iraqi President Barham Salih. According to The Washington Post, President Salih declined the request stating that the United States should not burden Iraq with its own “policy priorities.” During an interview on CBS, President Trump said that…