• Crude prices rise despite Saudi pledge to ‘mitigate' effect of U.S. sanctions on Iranian exports

    5 monthes ago - By Washington Post

    President Trump's decision to scrap the Iran nuclear deal and reimpose sanctions has sent global buyers of Iranian oil scrambling to line up other sources of supply.
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  • Trump Iran sanctions just gave Saudi Arabia and Russia more clout in oil market, so watch for higher prices

    5 monthes ago - By CNBC

    Saudi Arabia said it will help meet world oil demand if U.S. sanctions on Iran create shortfalls, but analysts say it will only do so in conjunction with Russia and prices could move higher.
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  • Wall Street surges on higher oil after U.S. quits Iran deal

    5 monthes ago - By Reuters

    Wall Street surged on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump's decision the previous day to quit a nuclear agreement with Iran.
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  • European businesses most affected by US sanctions on Iran

    5 monthes ago - By Chron

    European and American companies could lose billions of dollars in commercial deals canceled and a major new export market undercut by the U.S. decision to re-impose sanctions on Iran.
    President Donald Trump's decision will likely most hurt aircraft makers, oil companies and auto manufacturers. The final impact, however, remains unclear because of possible exemptions for some companies and even new negotiations on a revised Iran nuclear agreement, experts say.
    Trump fulfilled a campaign promise by announcing that he will withdraw the U.S. from the 2015 Iran nuclear deal. Companies worldwide...
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  • Oil, energy stocks lift Wall St after U.S. quits Iran deal

    5 monthes ago - By Reuters

    NEW YORK - Wall Street rallied on Wednesday as surging oil prices boosted energy stocks following U.S. President Donald Trump's decision the previous day to quit a nuclear deal with Iran.
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  • U.S. Pullout From Iran Nuclear Deal May Unsettle Oil Markets

    5 monthes ago - By NY Times

    Saudi Arabia and Russia may offset any reduction in Iranian exports, but if prices rise, one of the beneficiaries could be Iran itself.
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  • SAP and Boeing sales threatened, oil prices rise, as Trump freezes U.S.-Iran ties

    5 monthes ago - By Philly

    "German companies doing business in Iran should wind down operations immediately," said the new U.S. ambassador to Germany, provoking stiff reaction from German leaders
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