US-Iran tensions lead to good oil and currency news for Russia

RUSSIA / FSU POLITICS - In Brief 16 May 2019 by Alex Teddy

The United States accused Iran of trying to sink Saudi oil tankers on May 13. Warlike statements from Washington have led to a rise in oil prices and the RUB.The oil tankers were damaged in the Strait of Hormuz in between Iran and the UAE. The US believes that either the Iranians did it or Iran's Houthi allies did it. The US, Germany and Holland have removed most of their personnel from Iraq indicating that they think war is a serious possibility. Iraq borders Iran and the Shia dominated Iraqi Government is on very good terms with Iran. The US could tighten sanctions even further on Iran. S...

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