Following a news that the US pair multi-million US Dollar (USD) to the captain of the much-debated Iranian ship that’s making the rounds of Syria, as per last-update, coupled with fresh US sanctions on the Iranian shipping, a news came out from CNN, quoting Trump administration official, that could escalate the geopolitical tension between the US and Iran. As per the news report, Brian Hook, the US special representative for Iran, said at the State Department that “We can’t make it any more clear that we are committed to this campaign of maximum pressure and we are not looking to grant any exceptions or waivers.” The news also mentions the recent pressure from the US in the form of new sanctions against Iran’s “oil for terror network” and a $15 million reward program to disrupt the financial operations of Iran’s Revolutionary Guard Corps. Another important statement in the news report mentions Mr. Hook saying that the US has seen “no concrete proposal” from France on the line of credit. FX implications While the US maximum pressure on Iran is gradually fueling the energy prices, the news indicates no respite to the Arab nation even if it is in negotiation with France for a multi-billion USD line of credit. 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 USD/JPY: Bulls running into potential supply despite risk-on toe FX Street 4 years Following a news that the US pair multi-million US Dollar (USD) to the captain of the much-debated Iranian ship that's making the rounds of Syria, as per last-update, coupled with fresh US sanctions on the Iranian shipping, a news came out from CNN, quoting Trump administration official, that could escalate the geopolitical tension between the US and Iran. As per the news report, Brian Hook, the US special representative for Iran, said at the State Department that "We can't make it any more clear that we are committed to this campaign of maximum pressure and we are not looking to… 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.