Tagged crude oil

New Iran sanctions: administration gets some of the leeway it sought
December 19, 2011 / Ron Kampeas, JTA

WASHINGTON (JTA) — New sanctions targeting Iran’s financial sector and its sale of crude oil give President Obama leeway to moderate their possible impact on oil markets and to use carrots as well as sticks to sway third parties into isolating the Islamic Republic. The sanctions target any foreign… Read more »