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Oil market on alert as Iran sanctions hit
Oil market on alert as Iran sanctions hit
The US will from Monday target buyers of Iranian oil in order to deprive Tehran of its main source of income. Going after Iran's oil money will hit Tehran where it hurts, but it also means hitting a major pillar of the global oil market -- Iran is the OPEC cartel's third-largest producer -- with major consequences for world supply.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2RzMWRg
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2RzMWRg
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