As the US Administration of President Donald J. Trump mulls new sanctions against Iran, world oil prices remained high on May 4.

“Iran is exactly the reason we’re getting this at the moment,” Justin Urquhart Stewart, director at Seven Investment Management in London, told New Europe by phone on May 4. “There was a frisson of fear earlier in the week after some of Trump’s comments with regards to the agreement, and I think you can put that directly down to Iran and, therefore, that decision ca...

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