Reuters came out with news, quoting the US State Department official, signaling additional hardships for the much-debated Iran’s oil tanker on early Friday morning in Asia. Key quotes The United States will aggressively enforce its sanctions to prevent the private sector from assisting an Iranian oil tanker that is traveling through the Mediterranean and that Washington wants seized. All parties in the shipping sector should conduct appropriate due diligence to ensure that they are not doing business with nor facilitating business for, directly or indirectly, sanctioned parties or with sanctioned cargo. FX implications The news indicates a likely increase in the US-Iran tension and can keep fueling the safe-havens like the Japanese Yen (JPY) and Gold. It should also help increase the WTI Crude Oil prices as Iran is one of the world’s key oil producers. 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 LTC/BTC Technical Analysis: Litecoin finally finds some support but how long will it last? FX Street 4 years Reuters came out with news, quoting the US State Department official, signaling additional hardships for the much-debated Iran's oil tanker on early Friday morning in Asia. Key quotes The United States will aggressively enforce its sanctions to prevent the private sector from assisting an Iranian oil tanker that is traveling through the Mediterranean and that Washington wants seized. All parties in the shipping sector should conduct appropriate due diligence to ensure that they are not doing business with nor facilitating business for, directly or indirectly, sanctioned parties or with sanctioned cargo. FX implications The news indicates a likely increase in… 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.
