Monday, 29 April 2019

What after pushing Iran out of oil market?


Many analysts believe that the decision of US President, Donald Trump to end the exemptions regarding buying Iranian crude oil is a double-edged sword. On one hand, he doesn’t want oil prices to go up and on the other hand he is adamant at pushing Iran out of oil market. It appears that like past; this time too, the US would succeed in luring Saudi Arabia to exploit the situation to its benefit. It is also believed that stringent sanctions on Iran can take both Saudi Arabia and the oil market into the unchartered waters. To read details click http://www.pakistaneconomist.com/2019/04/29/what-after-pushing-iran-out-of-oil-market/

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