Eurpean Union / 1 posts found

European Union imposes santions on Iran’s Oil: The ripple affect.

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In a new effort to pressure Iran over it’s nuclear program, the European Union has imposed sanctions on Iranian Oil. There is some ‘wiggle room’ for negotiation, on the sanctions however if Iran were to suspendĀ  it’s atomic activity. Does the actions of those ‘across the pond’ affect those in the USA and around the world? I believe they will affect us and sooner as well as later. Some events that I see happening are as follows: Immidiately the west will have issues with crude oil prices which will… Raise the price of gas at the pumps An already sluggish […]