U.S. President Donald Trump administration's renewed “maximum pressure” campaign on Iran is set to shake global oil markets, with potential consequences for crude exports, geopolitical alliances, and energy prices.
As sanctions tighten, key players, including China and OPEC+, must navigate an increasingly complex landscape.
This note sheds the light on the following key aspects:
- U.S. strategy to pressure Iran’s oil sector
- The effects of U.S. strategy on Iran oil output
- Impact on China and OPEC+ following this U.S. strategy