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Winners & losers from Iranian oil sanctions

Winners & losers from Iranian oil sanctions

Publicerat av Tony Harkén måndag, 29 april 2019.

This week, Washington said it is suspending temporary sanctions waivers that had allowed several countries to continue buying Iranian oil without incurring America’s wrath. The measure comes into effect on May 2.

Eight oil importers, including China, India, Greece, Italy, Taiwan, Japan, Turkey, and South Korea, were allowed to keep purchasing crude from the Islamic Republic, so that a sharp decrease of Iranian supplies didn’t drive prices higher and evoke a disruption to the global oil market.

Read more atRussia Today Business

Publicerat av

Tony Harkén

usa

Klockan i Washington, USA

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