Sources: US will not blacklist Iran's foreign minister, for now – Reuters

Anil Panchal FXStreet

A latest news report from Reuters depends upon two sources familiar with the matter while mentioning that the US has decided not to impose sanctions on Iranian Foreign Minister Mohammad Javad Zarif for now.

The news report further mentioned that the US Treasury Secretary Steven Mnuchin on June 24 had said Zarif would be blacklisted that week.

While the US move is considered to be diplomatic and can have a negative impact on oil prices, immediate market reaction to the same was null by the press time.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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