• +971(4) 430 6868

  • info@d1stp.com

  • 09:00 - 18:00

  • Sunday to Friday

العربية
image
9 May

By Ahmed Mamdouh

Category: FX Graph

 228       27       20             

Countries most affected by Iran’s potential oil exports decline

The graph shows the countries that will be most affected by U.S. President Donald Trump’s decision to pull out from a nuclear deal with Iran, where most of Tehran’s exports are for Asian economies.

Trump’s decision would yield in sanctions on Iran that will probably push its oil output and exports to the downside, thereby affecting shipments to China, India and Korea, as well as other Asian and European countries.

Of note, markets have interpreted Trump's withdrawal from nuclear deal with Iran as a sure decline in Iran's production, which picked up after sanctions were lifted in 2016, pushing oil prices to the highest level since late 2014.

Ahmed Mamdouh

Ahmed Mamdouh is the head of the English Fundamental Analysis at D1stp.com, with 9 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.