ANALYSIS: Biden Unlikely to Cut Iran’s Oil Lifeline After Israel Attack

By Arshad Mohammed, Timothy Gardner and Michael Martina WASHINGTON, April 16 (Reuters) – Iran‘s unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran‘s oil exports from the Biden administration due to worries about boosting oil prices and angering top buyer China, said analysts. Shortly after Tehran launched its weekend attack – retaliation for Israel’s … Continue reading ANALYSIS: Biden Unlikely to Cut Iran’s Oil Lifeline After Israel Attack