Obama Faces Tough Call On Iran Oil Sanctions

WASHINGTON (Reuters) - Just weeks after the election, President Barack Obama will be faced with a pivotal decision on oil sanctions on Iran, in which he will have to balance the need to stay tough on Tehran without pushing oil prices too high.

BING NEWS:
  • U.S. oil falls below $83 as war fears ease after Israel refrains from immediate Iran counterattack
    Oil has sold off 4% this week as traders unwind the geopolitical risk premium built into prices over the last two weeks.
    04/17/2024 - 9:45 pm | View Link
  • Why Oil Prices Are Muted Despite Iran Attack?
    Oil prices have failed to soar even after major crude producer Iran attacked Israel with drones and missiles, risking wider conflict in the crude-rich Middle East.
    04/16/2024 - 8:30 am | View Link
  • Biden unlikely to cut Iran's oil lifeline after Israel attack
    Iran's unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran's oil exports from the Biden administration due to worries about boosting oil prices and ...
    04/16/2024 - 1:27 am | View Link
  • Oil, Gold Markets Swing From War Fears To Calm Over Israel-Iran Tensions: What Analysts Expect Next
    Market sentiment shifted from war to calmness in Middle East after Iran's attack on Israel was neutralized. Gold and oil prices declined.
    04/15/2024 - 4:27 am | View Link
  • Bullish Oil Options Traded at Record Pace Before Iran Attack
    Oil investors piled into the options market days before Iran launched its attack on Israel and traded a record amount of contracts that profit from higher prices.
    04/14/2024 - 11:04 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News