• Trump has his cake and eats it too with sanctions tanking Iran's economy and oil staying low

    1 month ago - By Business Insider

    Michael Gruber/Getty Images; Olivier Douliery-Pool/Getty Images; Samantha Lee/Business Insider
    President Donald Trump's administration is bringing back pre-nuclear deal sanctions on Iran on Monday.
    Trump granted waivers to key countries that can now put money in an escrow account to buy Iranian oil, while Iran won't actually see any of the money.
    Oil prices are steady around $72, Iran is still in the nuclear deal, and its currency and economy have tanked.
    These two results mean Trump is effectively having his cake and eating it too.
    President Donald Trump's administration is due to...
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