why are oil prices soaring as us exits iran nuclear deal? /

Published at 2018-05-09 17:37:24

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From the impact on businesses and consumers to whether economic growth will be hitDonald Trump’s withdrawal from the Iran nuclear deal has raised concerns that the global supply of oil will be squeezed,pushing up the price of Brent Crude on Wednesday by nearly 3% a barrel to $76.95. Related: How Trump's Iran deal exit could hit aviation, oil and car industries
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Source: theguardian.com

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