How US sanctions will hit Iran
- Caline Malek
- Nov 5, 2018
- 1 min read
The US withdrawal from the nuclear deal has already had a huge effect, including the devaluing of the Iranian rial and oil exports falling by about a million barrels a day
The impact of the sanctions was felt early on, with their announcement in May driving many companies to abandon Iran, causing the value of its currency to plummet
Arab News
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