Live Update 
From the Liveblog of
Monday, June 4, 2018
From the Liveblog of
Monday, June 4, 2018
French carmaker PSA to exit Iran over US sanctions risk
PARIS — France’s PSA says that it will pull out of two joint ventures to sell its cars in Iran to avoid the risk of US sanctions, after Washington decided to withdraw from a key nuclear deal with Tehran.
“The group has begun to suspend its joint venture activities, in order to comply with US law by August 6, 2018,” the automaker says in a statement.
— AFP
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