Iran Sanctions Return: What Comes Next for Oil?

Iran Sanctions Return: What Comes Next for Oil?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the complexities of the oil market, focusing on the strategies of the Trump administration compared to Obama, the impact of waivers on Iran, and the resulting market dynamics. It highlights concerns about oil prices, supply from major producers like Russia and Saudi Arabia, and the potential for a fully supplied market in 2019. The discussion also covers the uncertainty around waivers, speculative trading, and the influence of global economic factors, including tariff wars and OPEC's production capabilities, on oil demand and supply.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the concerns about global demand for oil?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could the chaos of tariff wars impact global oil demand?

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