Tag: iran deal
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Oil prices jump after U.S. abandons Iran deal, plans ‘highest level’ sanctions
Oil prices rose more than two per cent on Wednesday, with Brent hitting a 3-1/2-year high, after U.S. President Donald Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. Ignoring pleas by allies, Trump on Tuesday pulled the U. S. out of an international nuclear deal…
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BREAKING: Trump pulls U.S. from Iran nuclear deal
President Donald Trump said on Tuesday he was reimposing economic sanctions on Iran and pulling the United States out of an international agreement aimed at stopping Tehran from obtaining a nuclear bomb. The decision is likely to raise the risk of conflict in the Middle East, upset America’s European allies and disrupt global oil supplies.…