Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
* U.S. engaging in "economic terrorism" - Iran formin Zarif
* Iran-U.S. need to meet only if there is a result - Zarif
* Iran to expedite legal action against seized British oil tanker (Adds comments on British oil tanker)
KUALA LUMPUR, Aug 29 (Reuters) - Iran's Foreign Minister Mohammad Javad Zarif said on Thursday the United States must observe the 2015 nuclear deal and stop engaging in "economic terrorism" against the Iranian people if Washington wants to meet for talks.
Tensions between Tehran and Washington have risen since U.S. President Donald Trump's administration last year quit an international deal to curb Iran's nuclear ambitions and began to ratchet up sanctions.
Iran, which has slowly been breaching the nuclear deal in retaliation for U.S. sanctions, has threatened further violations in early September unless it receives sanctions relief.
"The United States is engaged in an economic war against the Iranian people and it won't be possible for us to engage with the United States unless they stop imposing a war and engaging in economic terrorism against the Iranian people," Zarif told reporters in Kuala Lumpur after addressing a forum on security in the Islamic world.
"So if they want to come back into the room there is a ticket that they need to purchase and that ticket is to observe the agreement," he said, referring to the 2015 nuclear deal.
Zarif said Iran does not want to meet for the sake of meeting. "We need to meet if there is a result," he said.
Trump said this week he would meet Iranian President Hassan Rouhani under the right circumstances to end the confrontation over the 2015 deal and that talks were underway to see how countries could open credit lines to keep Iran's economy afloat.
Rouhani has said Iran would not talk to the United States until all sanctions were lifted.
Zarif also said Iran will fast track legal action against a British oil tanker that Tehran seized last month in the Strait of Hormuz.
"We will expedite the legal process for the British tanker that is now in our custody after they basically committed sea crimes by taking our ship," he said, adding that Iran will not be lenient about ships in the Persian Gulf that violate laws.
The UK-flagged Stena Impero was diverted to an Iranian port on July 19, two weeks after Britain detained an Iranian tanker off the territory of Gibraltar.
Washington has called on its allies to join an operation to guard shipping in the Strait of Hormuz, a vital gateway for the world's oil industry. So far, Britain, Australia and Bahrain have joined the U.S.-led security mission.
Washington's call followed a series of attacks on international merchant vessels, which the United States has blamed on Iran, and the Iranian seizure of a British oil tanker.
Tehran has denied accusations that it was behind attacks on six tankers in May and June.
"We have been lenient about ships in the Persian Gulf. They break laws about communication about sea lanes, about discharge of waste. Now there is no reason to be lenient with those who violate international laws," Zarif said.
Zarif paid an unexpected visit to the Group of Seven summit in France at the weekend, holding talks on the sidelines of the meeting with French officials.
French President Emmanuel Macron opened an avenue towards a diplomatic solution to the U.S.-Iran standoff at the summit, saying that Iranian President Rouhani had told him he was open to a meeting with Trump. (Reporting by Rozanna Latiff; writing by A. Ananthalakshmi; editing by Darren Schuettler)