New York Times | Iran Sanctions and Oil Prices: Who'll Feel the Pain? New York Times The sanctions take aim not only at Iranian oil exports, but also at international shipping companies, banks, insurers and port operators doing business with Iran. United States trade with Iran is already tightly controlled, but the administration is ... Oil prices rise as US sanctions on Iran begin, Tehran defiant US oil erases gain, ends lower with some nations allowed to keep buying Iranian oil despite sanctions Oil up as US imposes sanctions on Iran, Tehran defiant |