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Iran Sets New Rules for Dollar Purchases Amid Sanctions

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Iran Sets New Rules for Dollar Purchases Amid Sanctions

Iranian authorities have introduced new guidelines for individuals seeking to purchase US dollars through banks as sanctions continue to strain the country's financial system.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+1.5%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund+0.9%

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR+4.9%

    Energy companies move with Iran supply risk

  • XOM Exxon Mobil+7.9%

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron+6.6%

    Oil producers move when sanctioned barrels leave the market

  • JPM JPMorgan Chase-4.3%

    Bank profits move with lending and interest rates

  • DAL Delta Air Lines-0.7%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
XOM———————
CVX———————
JPM———————
DAL———————

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Iran Sets New Rules for Dollar Purchases Amid Sanctions Caspian Post

Source: Caspian Post

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How solid “Iran Sets New Rules for Dollar Purchases Amid Sanctions” looks

12 out of 100

“Iran Sets New Rules for Dollar Purchases Amid Sanctions” scores 12 out of 100. The score uses 1 sources.