U.S. Sanctions on Iran Threaten Global Energy Markets ...Middle East

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U.S. Sanctions on Iran Threaten Global Energy Markets
source : OILPRICE ( Middle East ) () 144
The latest round of US sanctions on Iran, which now targets Chinese so-called ‘teapot’ oil refineries—small, independently owned facilities—signals a growing determination to tighten the economic noose around the Tehran administration. With potential consequences reaching far beyond Iran itself, these moves could reshape geopolitics, disrupt the global economy and send shockwaves through energy markets. While there is not yet a "maximum pressure" situation—where Iranian oil exports could drop from 1.5 million barrels…

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