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2018-08-08 12:05:00

U.S. SANCTIONS FOR THE WORLD

U.S. SANCTIONS FOR THE WORLD

ARAB NEWSOil prices are unlikely to rise significantly following the reintroduction of some US sanctions on Iran because the market has already priced in the expected reduction in Iranian output, analysts say.

"While there is still some uncertainty about what will happen to Iranian oil, we think there probably won't be a significant impact on prices," William Jackson, chief emerging markets economist at Capital Economics, said in a research note.

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Tags: USA, IRAN, SANCTIONS

Chronicle:

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