Iran is already in a 'very dangerous' economic position as US prepares major new sanctions [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Iran is already in a 'very dangerous' economic position as US prepares major new sanctions Dock workers haul the mooring rope of a cargo ship onto the dockside at Bandar Imam Khomeini (BIK) port in Bandar Imam Khomeini, Iran, on Friday, May 24, 2019. Iranian officials have said that the raft of U.S. sanctions against their country, which was tightened last month, is aimed at fueling popular dissent in an effort to topple the leadership. Ali Mohammadi | Bloomberg | Getty Images President Six oil tankers and a U.S. spy drone have been attacked The flurry of attacks has escalated tensions On Saturday, Trump said via Twitter that he would impose additional sanctions against Iran in a bid to prevent the country obtaining nuclear weapons. There are already U.S. sanctions on its oil industry and other sectors. The U.S. president added economic pressure would be maintained unless Iran's leadership changed course. "We can safely say that Iran's revenue from oil has been cut by at least two-th
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