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Trump Hit Iran With Oil Sanctions. So Far, They’re Working.
NY Times ^ | September 19, 2018 | Clifford Krauss

Posted on 09/19/2018 12:19:39 PM PDT by C19fan

When President Trump announced in May that he was going to withdraw the United States from the nuclear agreement that the Obama administration and five other countries negotiated with Iran in 2015 and reimpose sanctions on the country, the decision was fraught with potential disaster.

If Mr. Trump’s approach worked too well, oil prices would spike and hurt the American economy. If it failed, international companies would continue trading with Iran, leaving the Islamic Republic unscathed, defiant and free to restart its nuclear program.

But the policy has been effective without either of those nasty consequences, at least so far.

(Excerpt) Read more at nytimes.com ...


TOPICS: Foreign Affairs
KEYWORDS: iran; iransanctions; trumpiran; trumpiransanctions
WINNING!!! Valerie Rasputin Jarrett is crying for her native country. The Iranian Rial has collapsed on the black market by 200% against the US dollar.
1 posted on 09/19/2018 12:19:39 PM PDT by C19fan
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To: C19fan

I’m thinking that when the people start revolting, they’ll find a friend in the White House, unlike the last guy who was all about supporting the evil, corrupt regime in power.


2 posted on 09/19/2018 12:23:00 PM PDT by qaz123
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To: C19fan

better call Horse Face LOL


3 posted on 09/19/2018 12:28:33 PM PDT by max americana (Fired libtard employees 9 consecutive times at every election since 08'. I hope all liberals die.)
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To: C19fan

“The president is doing the opposite of what the experts said, and it seems to be working out,” said Michael Lynch, president of Strategic Energy and Economic Research, a research and consulting firm.

...

That should tell you the value of experts.


4 posted on 09/19/2018 12:28:46 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: C19fan

When obummer allowed Iran to dump their oil on to the world market, the price/barrel dropped like a rock. Thousands of people in the oil industry were put out of work. And all the support industries that work with them.

And Obama smiled.


5 posted on 09/19/2018 12:33:43 PM PDT by Texas resident (Democrats=Enemy of People of The United States of America)
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To: C19fan

What, what, WHAT???!!!???

The NYT is admitting a Trump policy success?

Holy scat!


6 posted on 09/19/2018 1:26:50 PM PDT by Walrus (Homosexuality is WRONG. End of case.)
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To: C19fan

“If Mr. Trump’s approach worked too well, oil prices would spike and hurt the American economy.”

Thanks to American unconventional oil producers we haven’t seen any shortages domestically or internationally.


7 posted on 09/20/2018 8:39:04 AM PDT by 2001convSVT (China is the real enemy.)
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