On Wednesday, Secretary of State Mike Pompeo – pressed Senator Ted Cruz, R-TX to stop giving bans – it turned out that this move is not inevitable.
our goal is to bring Iran to zero as quickly as possible, and we will continue to do so, "Pompeo said during a Senate foreign affairs committee meeting
. While Trump administration has a "maximum pressure" policy towards Iran, the president said he issued eight countries in November to avoid rising oil prices. Exceptions are also seen as a way of managing relations with foreign countries, most of which oppose the Trampian Iranian policy.
Before the next release, oil Brent and the US grew by 32% and 40%, respectively, and the oil market
OPEC oil production fell to a four-year minimum in March, and, unlike in the past year, a group of 1
. Under the pressure of the current political and economic crisis, US sanctions and widespread power outages, Venezuelan production in March fell to a 74-year low. Libya stands on the brink of full-blown civil war, and political unrest has broken neighboring Algeria.
These and other factors have forced RBC Capital Markets to raise their pricing position by 2019 at $ 75 per barrel. The investment bank noted that barrels from the North Sea and West Africa have a relatively easy time to find buyers.
"This is the most important indicator to be seen as a leading guide to signs of market instability." in the research note. They called this trend "a sure sign that the market is well balanced." The release is likely to end for three countries that have not purchased Iranian oil during the period.