Are Oil Traders Overestimating the Impact of Latest Iran Sanctions?
June 26, 2019 at 09:30 AM EDT
Rather than resort to war, U.S. President Donald Trump decided to bring down the hammer with more sanctions on Iran in response an unmanned U.S. drone being shot down the previous week. As U.S.-Iran relations remain tenuous, oil traders could be eyeing more price increases for the commodity, but...