Oil go up...
Iran Sanctions Redux
President Donald Trumpís withdrawal in May from the Iran nuclear deal, a central promise of his 2016 presidential campaign, has already worsened Iranís economic turmoil, even though the first set of US sanctions was reimposed only this month. But the real test of the administrationís efforts to pressure Iran will come on November 4, when the drive to get the European Union, China, and India to reduce oil purchases from Iran takes effect. It is far from clear to what extent these countries can and will go along. Trumpís anti-Iran campaign so far has led several multinational companies to cut back ties with Iran. For example, Boeing and ... (full story)
- Posted: Aug 10, 2018 4:24pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,295