3 Charts to Know: How Trump's Iran Decision Could Hit Oil

The video tutorial explores the impact of sanctions on Iranian oil prices, highlighting key data from Bloomberg Terminal charts. It examines Iranian oil production and exports, noting significant changes post-2016 sanctions. The discussion extends to the geopolitical influence of Iranian oil, particularly in relation to Saudi Arabia and potential US leverage over European and Asian countries. The tutorial concludes with an analysis of OPEC's oil output, emphasizing the significance of Saudi Arabia, Iraq, and Iran, and the potential implications of US policy decisions on Iran's nuclear trade agreement.

What are the potential effects of sanctions on Iranian oil on countries in the Asia Pacific region?

Discuss the significance of the US not importing Iranian oil for the past four decades.