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The Biden administration would likely lift some sanctions against Iran, opening up oil sales, if the 2015 nuclear deal is restored.

Talks between Iran and the United States over reviving the 2015 nuclear deal appear to have stalled after Tehran suggested there were new obstacles and Washington said hard issues remained. The Biden administration would likely lift some of the punishing sanctions on Iran if the deal was brought back. That task has been made more…

President Biden announced he is working with European Union and G-7 leaders to remove Russia from having Permanent Normal Trade Relations.

As Russia continues its invasion of Ukraine, world leaders have pushed back to punish Russia. President Biden announced Friday he is working with European Union and G-7 leaders to remove Russia from having Permanent Normal Trade Relations or Most Favored Nation status. “Revoking PNTR for Russia is going to make it harder for Russia to…

While a U.S. ban on Russia’s oil supply is drawing attention, we should not overlook the country’s position in the metals market, particularly nickel. Just this week, as the Ukraine invasion escalated, nickel prices tripled, and the London Metals Exchange cut off trading. Why in the world do nickel prices matter so much? Nickel is…

Russia is receiving backlash for bombing a maternity hospital.

Multiple world leaders condemned Russia for bombing a maternity hospital in Mariupol, Ukraine. The video above includes scenes from the Wednesday bombing, as well as some of the reaction from world leaders. The bombing killed three and wounded 17 others, including pregnant women, doctors and children. Russia’s Defense Ministry denied responsibility for the bombing Thursday.…

New revelations about an alleged Iranian attempt to assassinate former national security advisor John Bolton are likely to derail efforts to revive a 2015 nuclear deal with Iran. According to the Washington Examiner, the Justice Department possesses “indictable evidence” showing that at least two Iranians have been plotting to kill Bolton. This is part of an…

Even before the invasion, inflation had become the top issue on the minds of voters ahead of elections this November.

Gasoline prices are pushing further north of $4 per gallon as President Joe Biden announced the U.S. will ban all Russian oil imports in retaliation for the country’s invasion of Ukraine. Even before the invasion, inflation, at its highest level in decades, had become the top issue on the minds of voters ahead of elections this…

Biden signed an executive order on cryptocurrency.

President Joe Biden has signed an executive order directing the Treasury Department to study the impact of cryptocurrency on financial stability and national security. The order also urges the Federal Reserve to explore whether the central bank should create its own digital currency. According to a White House fact sheet on the order, it outlines “the…

The number of people fleeing Ukraine since the Russian invasion began has now reached 2.1-2.2 million people, according to the head of the United Nation’s refugee agency UNHCR. Their native country has turned into a deadly battlefield. After the invasion, several Ukrainian women and children began to flee to nearby countries for safety and a…

Biden banned Russian oil imports.

President Joe Biden announced a ban on Russian oil imports in response to Russia’s invasion of Ukraine. In a Tuesday speech, President Biden said the goal of the ban is to target “the main artery of Russia’s economy” and “deal another powerful blow to Putin’s war machine.” “This is a move that has strong bipartisan…

Iran said it will not back down in nuclear deal negotiations.

11 months into negotiations to revive the 2015 Iran nuclear deal, Iranian President Ebrahim Raisi said Iran “has not and will not back down on any… red lines” in the negotiations, per the semi-official Fars news agency in Iran. According to Fars, Iranian Foreign Minister Hossein Amir Abdollahian had a similar message in a phone call…

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