Iran Sanctions Lifted, Middle East Stocks Fall

Discussion in 'Stock Market Forum' started by Rainman, Jan 18, 2016.

  1. Rainman

    Rainman Senior Investor

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    As Iran's sanctions were lifted, stocks across the Middle East fell as Iran prepares to start exporting oil after a long time. A surge in oil supplies could make oil prices go even lower.

    http://www.bloomberg.com/news/artic...r-highest-since-august-after-sanctions-relief
    Europe didn't fair any better . . .

    http://www.bloomberg.com/news/artic...-foreshadow-rout-as-kiwi-slips-amid-oil-slump
    European shares failed to cling on to an initial gain, falling to their lowest in more than a year, and Asian stocks declined as crude oil sank to a 12-year low on the lifting of sanctions against Iran.
     

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