Tuesday, November 6, 2018

On November 5, the U.S. sanctions on Iran’s financial and energy sectors took effect. The temporary allotments, combined with the increased global oil supply, may lead to lower oil prices. We see the Iranian economy contracting by 2.5% in 2018 and 3.4% in 2019. 

IIF Authors

Garbis Iradian

Garbis
Iradian
Head of MENA Research
+1-202-857-3304
giradian@iif.com

Jonah Rosenthal

Jonah
Rosenthal
Senior Research Analyst
jrosenthal@iif.com

Share