05.11.201817:58 Forex Analysis & Reviews: The US resumed sanctions against Iran

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Exchange Rates 05.11.2018 analysis

The renewed sanctions against Iran that existed before the signing of the Joint Comprehensive Action Plan on the Iranian nuclear program in 2015 came into force this night.

Under the sanctions in the first place will fall the oil industry of Iran, as well as banking, shipbuilding, and shipping. In addition to the Islamic Republic itself, sanctions restrictions will affect all countries and foreign companies that maintain business ties with Iranian partners.

However, the Iranian government said it did not intend to stop selling oil, despite all the potential difficulties.

Tatiana Strelkova,
Analytical expert
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