OIL PRICES SURGE, STOCKS STUMBLE ON IRAN UNCERTAINTY
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“OIL PRICES SURGE, STOCKS STUMBLE ON IRAN UNCERTAINTY”
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This storyWhat's the biggest risk of repeated U.S. strikes on Iran?
Iran sued the U.S. at the ICJ over oil sanctions in 2018!
Iran filed suit at the International Court of Justice, arguing U.S. sanctions violated the 1955 Treaty of Amity. The ICJ ruled it had jurisdiction and ordered the U.S. to ease restrictions on humanitarian goods — a rare legal win for Tehran.
Iran's oil sanctions stem from a decades-long legal battle
U.S. sanctions on Iran's oil exports, rooted in the 1979 hostage crisis, have been contested in international courts for decades. Learn more at Wikipedia
Topic poll · all networksShould the US resume diplomacy with Iran after Trump declared the ceasefire over?
The UN arms embargo on Iran's ballistic missiles expired in 2020!
UN Security Council Resolution 2231, tied to the 2015 nuclear deal, let Iran's missile-related restrictions lapse in Oct. 2020 — meaning its missile program faces no current UN embargo, despite ongoing attacks.
Topic poll · all networksAfter Iran's 1979 revolution, how high did oil prices peak per barrel?
- $15 per barrel
- $35 per barrel
- $55 per barrel
- $75 per barrel
Guess, then reveal the answer
$35 per barrel