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Middle East

Iran sanctions, unrest hit Mideast growth: IMF

US sanctions on Iran, rising unrest in the Middle East and North Africa and oil price volatility are dragging regional economic growth, the International Monetary Fund said Monday. The IMF warned in a bi-annual economic outlook report that prospects for the region are "clouded by elevated...

Zarif warns U.S. of consequences over sanctions

The United States must be prepared for consequences if it tries to stop Iran from selling oil and using the Strait of Hormuz, Iran’s Foreign Minister Mohammad Javad Zarif warned Wednesday, while also offering to negotiate prisoner swaps with Washington. The United States Monday demanded...