US President Donald Trump is re-imposing sanctions on Iran. Photo: Reuters
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Asia faces a devil’s bargain over US sanctions on Iran’s oil

Donald Trump’s re-imposition of sanctions on Tehran leaves oil importers with a stark choice: pay punishing prices on the open market, or buy cheaply from Iran and face the wrath of the United States

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US President Donald Trump is re-imposing sanctions on Iran. Photo: Reuters
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