Oil markets ' heart ' awaiting decision on Iran nuclear deal of Mr Trump
The President of the United States Donald Trump announced in a tweet on Monday that he would give his decision on Iran nuclear deal on 8/5 at 2:00 p.m. local time. This decision will have important implications to both Iran and the global oil market.
On 12/5 will be the last term for the White House's decision to continue the suspension of sanctions targeting Iran's oil exports, or is going back to the time before the year 2015. If the sanctions are underway, the nuclear deal will be broken. That is likely to put the U.S. in a "collision" with a number of diplomatic allies and trade partners by itself.
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