Billions of dollars of deals signed by international companies are under threat
Billions of dollars of deals signed by international companies with Iran are under threat after the US president, Donald Trump, announced he was pulling out of a “rotten” nuclear deal with Tehran.
Iran’s agreement in 2015 to curb its nuclear ambitions led to the US easing crippling sanctions, in a rapprochement in which big firms seized an opportunity to invest in a global top-30 economy with a population of about 80 million.
Related: EU moves to protect European firms from US sanctions on Iran