Trump threatens Iran.
Background: During the reign of US President Obama, a "nuclear deal" was concluded on which Iran refuses to work on the creation of an atomic bomb and delivery vehicles (strategic missiles). In exchange for the lifting of sanctions, including financial transactions and the sale of oil. This deal worked out, Iran withdrew sanctions and Iran sells oil in large quantities.
Further, under President Trump, the US announced that a nuclear deal was unprofitable for the United States that Iran was in compliance with the deal and the US withdrew from the deal and demanded that other countries stop cooperating with Iran by threatening them with sanctions from the US (with the US allies, Germany and France, against breaking the deal with Iran).
The current situation, at the weekend, Iran's spiritual leader Khamenei said that Iran would block the Strait of Hormuz if Iran was banned from supplying oil to the world market. "If Iran is blocked by the sale of oil, other countries in the region will not be able to sell oil either."
Trump's answer in an all caps tweet to Iranian president Rouhani: "NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE WE ARE NO LONGER A COUNTRY THAT WILL STAND FOR YOUR DEMENTED WORDS OF VIOLENCE & DEATH. BE CAUTIOUS! "
"NEVER THREATEN THE UNITED STATES, OR YOU GET SUCH IMPACTS WHICH A LITTLE HISTORY OF EVERYTHING HAS BEEN TRANSPORTED BEFORE." WE ARE MORE NOT THE COUNTRY WHICH WILL CONTRIBUTE YOUR CRAZY WORDS OF VIOLENCE & DEATH. BE CAREFUL! "
In fact, this is a threat of a military strike in the event of Iran's military actions (the blocking of the Strait of Hormuz).
We are waiting for the development of the situation.
Oil opened Monday with a gap down by $ 2. Note that in recent weeks Trump has proposed that the allies open the sale of oil from reserves in order to prevent price increases. Iran in response to this proposal said that it is enough to stop attacking Iran and its oil sales will cover the needs of the market.
The material has been provided by InstaForex Company - www.instaforex.com