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May 21, 2018
President Trump’s decision to withdraw the U.S. from the nuclear agreement with Iran has generated unease in the markets. The price of Brent crude was close to US$80 per barrel in the days following the announcement, a level not seen in the last four years. The withdrawal from the agreement by the U.S. means the re-establishment of the economic sanctions imposed on Iran
February 1, 2016
Not for any lack of foreknowledge, the 'implementation day' of the Joint Comprehensive Plan of Action (aka: the nuclear agreement with Iran) is making little impact. This is in spite of the fact that the news has coincided with falling oil prices, that will give less relief than was initially expected to Iran's delicate economic situation.
