U.S. oil sanctions on Iran threaten global supplies, but a demand slowdown poses a real risk
September 20, 2018 at 17:51 PM EDT
There are still several weeks before U.S. sanctions on Iranian oil actually kick in, but expectations of tight crude inventories already have contributed to much of this year’s gain in global prices. The rise has come despite concerns over potentially lower energy demand and plans by two of the world’s biggest producers to boost output.