Secretary of State Pompeo: Iran's most recent action will deepen its isolation - RTRS


According to Reuters, Secretary of State Pompeo says that the United States monitoring ongoing protests in Iran and that they are deeply concerned about reports of fatalities.

Additional comments:

  • Pompeo says united states terminating Iran sanctions waiver for Fordow.
  • Sanction corrupt individuals stealing Iraqis wealth.
  • US will sanction corrupt individuals stealing Iraqis wealth.
  • West Bank settlements are not inconsistent with international law.
  • Reversing Obama administration's position on Israeli settlements.
  • US greatly concerned about the situation in Hong Kong, (HK).
  • Says Chinese Communist party must abide by its agreement about freedoms for people in HK.
  • Calls on HK leader,  Carrie Lam, to allow probe on HK protests. 

Subsequent headlines:

Israel's Foreign Minister says welcomes US decision on West Bank settlements and thanks Trump administration for support. 

Market implications: 

Middle East conflict can be supportive for the price of oil and even the Canadian Dollar which has a direct and positive correlation to oil prices – WTi prices have been buoyed by the latest optimism surrounding Sino and China trade talks in the prospects of a trade deal. 

 

 

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