Iranian ForeignMin Spokesman: Latest US sanctions mean closing the channel of diplomacy forever

Dhwani Mehta FXStreet

Amidst ongoing US-Iran geopolitical tensions, the Iranian Foreign Ministry Spokesman came out on the wires and said that the latest US sanctions mean closing the channel of diplomacy forever.

The US President Trump signed an executive order on Monday, imposing further sanctions on Iran, this time on the senior Iranian diplomats.

The bid tone around the Yen continues to strengthen, with the USD/JPY pair at the verge of breaking the 107 handle while both crude benchmarks are down nearly 1%.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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