Who loses if Trump ditches Iran deal? [CNN]
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Source: CNN
Who loses if Trump ditches Iran deal? Can the Iran nuclear deal be saved? French President Emmanuel Macron will lobby President Donald Trump to stick with the deal during a White House visit on Tuesday. German Chancellor Angela Merkel will make the case on Friday. Their goal is to save a deal signed in 2015 under which the United States and other powers agreed to lift some economic sanctions in return for Iran agreeing to rein in its nuclear program. Trump has vowed to rip up the agreement, which he has described as "the worst deal ever." He's now threatening to reject an extension of the agreement ahead of a May 12 deadline. So who loses out if Trump does decide to abandon the nuclear deal? 1. Car drivers Iran has the fourth largest crude oil reserves in the world and claims nearly one-fifth of the planet's natural gas. The country has ramped up production since sanctions were eased to about 3.8 million barrels a day. That's about a million barrels a day more than in 2015. New
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