From The 10 Point : My Guide to the Day's Top News
Gerad Baker-Editor in Chief, WSJ
President Trump's decision to walk away from the Iranian nuclear accord marks a momentous foreign-policy decision that could have significant consequences and reorder American diplomacy. It represents a giant bet , easily the biggest of his presidency so far. The move threatens to widen the gulf between the U.S. and its allies in the Middle East and Tehran and its backers. Oil firms, plane makers and banks have months to wind down their ties before risking penalties. Any new U.S. sanctions would likely affect European multinationals , if they have big business in the U.S. or use the U.S. dollar or American banks in transactions. With the focus now shifting to Tehran, the Iranian people and America's allies, the Journal's Gerald F. Seib explains the high stakes.
Gerard Baker/ The Wall Street Journal /May 09 2018
WSJ The 10 point was taken from the daily brief mail by the Wall Street Journal, on 03/19/ 2018. The views are not necessarily those of Petroleumworld
Petroleumworld 05 09 2018