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Iran sanctions: Middle East stock crash wipes £27bn off markets as Tehran enters oil war
The Telegraph ^

Posted on 01/17/2016 9:27:01 AM PST by TigerClaws

Stock markets across the Middle East saw more than £27bn wiped off their value as the lifting of economic sanctions against Iran threatened to unleash a fresh wave of oil onto global markets that are already drowning in excess supply.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: globalcrisis; iranoil; iransanctionslifted
THANKS OBAMA!
1 posted on 01/17/2016 9:27:01 AM PST by TigerClaws
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To: TigerClaws

why does the media talk about low oil prices as a bad thing? Maybe media bigwigs don’t drive their own cars and pay for their own gas?


2 posted on 01/17/2016 9:32:10 AM PST by WilliamIII
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To: WilliamIII

Bingo!


3 posted on 01/17/2016 9:33:01 AM PST by Maine Mariner
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To: TigerClaws

If Asian Markets do likewise tomorrow, when our markets open upon Tuesday after the Monday holiday it will be another brutal “bear” day on our stock markets but Obozo has assured us our economy is great. So let’s just live like its 1929 I guess...
Freegards
LEX


4 posted on 01/17/2016 9:35:45 AM PST by lexington minuteman 1775
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To: TigerClaws

Dang it! I KNEW i should have sold my Amalgamated Sand and Goat stock


5 posted on 01/17/2016 9:43:10 AM PST by Stand W ("Gentlemen! You can't fight in here! This is the WAR ROOM!"Wlook forward to opening up a can on)
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To: TigerClaws

Not to worry. Our Terrorist in Chief will make up the difference with our tax dollars.


6 posted on 01/17/2016 10:33:01 AM PST by bgill (CDC site, "We still do not know exactly how people are infected with Ebola")
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