The US is planning to make severel large releases from the US Strategic Oil Reserve in an effort to lower gas prices ahead of the upcoming mid-term elections in November. Officials from Iran have urged the US administration to hold off on selling off their strategic oil reserves, instead suggesting that they drop their sanction efforts to block Iran’s oil exports. The US has been seeking to completely block Iran from global oil markets, even though the US has been the only country so far to pull out of the Iran denuclearization accord. The move to try and convince the rest of the world to embargo Iranian oil imports has seen oil prices receive support on the charts as oil traders fear the impact of a possible major market constraint should Iran be unable to supply markets. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Semi-annual Monetary Policy Report to Congress yielded held few surprises- ANZ FX Street 5 years The US is planning to make severel large releases from the US Strategic Oil Reserve in an effort to lower gas prices ahead of the upcoming mid-term elections in November. Officials from Iran have urged the US administration to hold off on selling off their strategic oil reserves, instead suggesting that they drop their sanction efforts to block Iran's oil exports. The US has been seeking to completely block Iran from global oil markets, even though the US has been the only country so far to pull out of the Iran denuclearization accord. The move to try and convince the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
