Saber-rattling threats can easily escalate, and the markets took notice, causing the price of oil to rise to $74 per barrel. The US has set November as the deadline for countries to get their imports of Iranian oil to “as close to zero as possible.” US Secretary of State Mike Pompeo announced that the US will be lending its support to dissidents in Iran with a new 24/7 Farsi-language channel. [...]
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