Trump Administration Considers New Iran Sanctions Amid Oil Flow Concerns
Macro·1 article across 1 outlet
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The Trump administration is considering additional sanctions on Iran as the Strait of Hormuz blockade squeezes oil flows. This situation is keeping pressure on US gasoline prices.
Axios Business Reporter Nathan Bomey notes that Washington could target companies or countries doing business with Iran as part of these sanctions.
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“The Trump administration is considering additional sanctions on Iran as the Strait of Hormuz blockade squeezes oil flows and keeps pressure on US gasoline prices.”
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