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International Business Times UK
International Business Times UK
World
Akshay Puri

A Barrel for $115: Rising Oil Prices Pressures Donald Trump on Iran Sanctions Strategy

Donald Trump Oil Iran United States Energy Policy Middle East White House
Donald Trump may ease Iran oil sanctions to curb soaring prices, signalling a possible shift in long-standing US policy. (Credit: PresidenciaSV, CC0, via Wikimedia Commons)

As oil prices surge past $115 (£86.02) a barrel, Donald Trump faces a moment that could redefine his energy and foreign policy stance. In a move few anticipated, the US administration is weighing a temporary lifting of sanctions on Iranian oil. The goal is simple. Bring prices down. The implications are anything but.

A Sudden Shift in Strategy

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