Around The Barrel – Crude Oil and Gasoline Outlook

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    Heading into FOMC EIA reported draws in crude…



    [color=red][size=5][b]President Trump Executive Order For Additional Sanctions on Iran
    President Trump says:

    Sanctions will target Iran’s supreme leader
    Office of Iran’s supreme leader will not be spared from sanctions
    Assigning Executive Order putting strong sanctions on Iran
    Sanctions are in response to drone shootdown
    US wants Iran to stop sponsoring terrorism
    US does not seek conflict with Iran
    US will not allow Iran to have nuclear weapons


    Treasury Secretary Mnuchin speaking on Iran Sanctions

    US is taking actions targeting 3 Iranian leaders
    Iranian Foreign Minister Zarif will be hit with sanctions later this week
    8 senior commanders of a Iran Revolutionary Guard Corps also be hit with sanctions
    Order Pres. Trump signed today was in the works previously
    Iran sanctions have locked up billions of dollars

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