Russia sanctions spell trouble for Iran nuclear deal

Last ditch Russian demands threaten Iran nuclear agreement: Negotiators trying to restore the 2015 Iran nuclear pact are trying to resolve last-minute Russian demands that are threatening to upend talks, Reuters reports. Negotiations are close to being finalized with several participants saying there is a broad agreement in place. But following the introduction of widespread US sanctions on the Russian economy, Moscow is now asking the US for written guarantees that its trade with Iran will not be impacted.

South Korea has a new president: Conservative opposition candidate Yoon Suk-yeol will become South Korea’s next president after beating left-leaning rival Lee Jae-myung in a closely-fought election yesterday. (FT)