28 Oct, 23

U.S. Eyes Tighter Sanctions On Iran’s Oil And Gas Exports

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As the oil market grapples with the current and potential effects of the Gaza war, a new significant concern has emerged. U.S. sources indicate that the Biden Administration might soon impose stricter sanctions on Iran. Such a move would represent a marked shift from Washington’s recent rapprochement with Tehran.  Over the past few months, an increasing number of commentators in Washington have criticized the Biden Administration’s decision to release $6 billion in frozen Iranian assets as part of a prisoner exchange with the Khamenei regime.…

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