Iran
Posted: Fri Dec 29, 2017 2:03 pm
Trump could kill Iran nuclear deal in January.
President Trump faces a series of deadlines in January that offer him the opportunity to tear up the 2015 nuclear deal with Iran. Every three months the President has to recertify the agreement, and Trump will have that decision before him again in about two weeks. “In the event we are not able to reach a solution working with Congress and our allies, then the agreement will be terminated,” Trump said in October. The President could restore sanctions on Iran, which could lead to an escalation of conflict. Politico reports that Trump’s top national security team opposes such a move and hopes to convince the President not to go down that road.
Anyone shorting oil futures s/b concerned about this. Sooner or later, we are going to have to deal with Iran. Before they get a nuke would be a good idea.
President Trump faces a series of deadlines in January that offer him the opportunity to tear up the 2015 nuclear deal with Iran. Every three months the President has to recertify the agreement, and Trump will have that decision before him again in about two weeks. “In the event we are not able to reach a solution working with Congress and our allies, then the agreement will be terminated,” Trump said in October. The President could restore sanctions on Iran, which could lead to an escalation of conflict. Politico reports that Trump’s top national security team opposes such a move and hopes to convince the President not to go down that road.
Anyone shorting oil futures s/b concerned about this. Sooner or later, we are going to have to deal with Iran. Before they get a nuke would be a good idea.