Commodities
Azerbaijan In No Position To Capitalize On Proposed Iranian Oil Sanctions
<p>Energy-rich Azerbaijan appears to be quietly backing the idea of tightened international sanctions against its southern neighbour, Iran. But it seems that Baku won’t profit from a potential European Union oil embargo against Tehran.</p> <p>The EU has stated that it will impose an oil embargo on Iran starting July 1, unless Iranian officials open up the country’s nuclear program to more expansive international oversight. Azerbaijan, as a major oil and natural gas producer in the Caspian Basin, would seem poised to capitalize on any… Read more...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
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DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
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-0.60%
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-0.22%
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-0.07%
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-0.80%
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