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Oil Market Faces Tense Wait as Iran Sanctions Too Close to Call

Oil Market Faces Tense Wait as Iran Sanctions Too Close to Call

Global markets for equities, currencies and metals have all been whipsawed by the uncertainty over what President Donald Trump’s next geopolitical move would be. It’s too close to call whether Trump will reinstate sanctions on Iran next month and the impact is highly uncertain, according to a Bloomberg survey of oil-market analysts.