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Daily USA News

US News: Sanctions on Iran and Venezuela May Empower US Rivals

HOUSTON — President Trump faces a difficult juggling act as he tries to persuade China, India and other countries to join in oil sanctions against Iran while also pressuring Venezuela. Since the two oil-producing giants compete for the same markets, squeezing one may end up helping the other. Squeezing both may send oil prices soaring.


Source:www.nytimes.com


Posted: 2018-05-17 21:47:37

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