Red Sea Shipping Is Riskier Than Ever
Longer and costlier routes are becoming the norm.
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Longer and costlier routes are becoming the norm.
Officials from Iran and Iraq have reached an agreement to begin work on a 32km railway between the two countries after the end of Ramadan, without giving an exact start date.
The EU partly wants the deal so it can buy oil and gas from the Iranian regime. The EU also appears to want the nuclear deal in order not to lose its other economic relationships and trade with the ruling mullahs of Iran. Despite US sanctions, European
Khatibzadeh then directly warned the United States, which has also deployed naval assets to the Gulf. “We have sent messages to the US government and our friends in the region (warning) the current US regime not to embark on a new adventure in its final days at the White House,” he said. He further called for “rational people in Washington” to refrain from any operations against Iran. There has been widespread speculation that President Donald Trump might order military action against Iran, particularly its nuclear program, before he leaves office next month. In November, Axiosreport...