What’s at Stake If Trump Kills the Iran Nuclear Deal? - Bloomberg:
"U.S. President Donald Trump has until May 12 to decide whether to perhaps fatally undermine a years-in-the-making nuclear deal with Iran, with the consequences likely to be felt from Middle East war zones to oil markets. If the U.S. refuses to continue to waive sanctions under the six-nation agreement reached in 2015, there’s a real threat Iran will also walk away. European powers are scrambling to persuade Trump to preserve the agreement, with German Chancellor Angela Merkel in Washington on Friday on the heels of French President Emmanuel Macron. So what’s at stake if the U.S. withdraws?
Oil Markets
A “snap-back” in Iran sanctions by the U.S. would almost certainly reduce Iran’s oil exports, further stretching an oil market that’s seen prices rise 11 percent this year. What’s more uncertain is exactly how far shipments would fall."
'via Blog this'
No comments:
Post a Comment