Commodity Trade Mantra

Posts Tagged ‘Ballistic Missile Tests’

Iran’s Oil Industry "Neither Shaken Nor Stirred" By New Sanctions

It does not seem that Trump’s new sanctions can do much to deter Iran. Political posturing in the form of targeted sanctions may cause anti-American sentiment in the country to flare-up as Iranian politicians paint Trump as the ultimate boogeyman, however, the scope of the unilateral sanctions will prevent any serious consequences to Iran’s oil sector moving forward.

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