Commentary:If the United States withdraws from the Iran nuclear deal on May 12,
sanctions will be re-imposed on importers of Iranian crude oil.
However, those embargoes will be less effective than they were six years
ago, writes Carlos Pascual,
who led the 2012 negotiations on the sanctions. Instead, the most
effective strategy for Middle East stability "defies conventional
wisdom: it is building an international coalition for a ceasefire in
In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up spending at hotels, restaurants, and car dealerships, and raising the cost of housing and other essentials.
multi-hundred billion cash stockpile and stalling growth in services
such as iCloud present an opportunity and a concern that some investors hope will be addressed in the company’s quarterly earnings report.