Free Trial
JGBS

Early Flattening Holds

JGBS AUCTION

PREVIEW: 30-Year JGB Supply Due

CHINA PRESS

Foreign Direct Investment In Shanghai Rebounds In Q3

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

US Prepares New Sanctions On Iranian Oil Exports

OIL

A White House official has confirmed an earlier Bloomberg report suggesting that the US is preparing fresh sanctions on Iranian oil exports.

  • Reuters: "The sanctions are expected to focus on entities facilitating the oil trade, and will be part of a broader plan to step up sanctions on Iran in coming weeks."
  • The new raft of sanctions are likely in response to drone and artillery strikes this week on Kurdish targets in Iraq, conducted by the Iranian Revolutionary Guards Corps.
  • Sanction are also likely part of a broader package of measures intended to put pressure of the administration of hardline Iranian President Ebrahim Raisi to moderate its response to protests which have broken out across the country following the death of Mahsa Amini while in custody of the Iranian "morality police."
128 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

A White House official has confirmed an earlier Bloomberg report suggesting that the US is preparing fresh sanctions on Iranian oil exports.

  • Reuters: "The sanctions are expected to focus on entities facilitating the oil trade, and will be part of a broader plan to step up sanctions on Iran in coming weeks."
  • The new raft of sanctions are likely in response to drone and artillery strikes this week on Kurdish targets in Iraq, conducted by the Iranian Revolutionary Guards Corps.
  • Sanction are also likely part of a broader package of measures intended to put pressure of the administration of hardline Iranian President Ebrahim Raisi to moderate its response to protests which have broken out across the country following the death of Mahsa Amini while in custody of the Iranian "morality police."