Bloomberg | Jack FarchyandDina Khrennikova:The worlds top oil trader said it will be near impossible to avoid U.S. sanctions on Iran, suggesting Donald Trumps attack on OPECs third-largest producer may have a bigger impact on the global crude market than many anticipate.
For us its a real challenge, Vitol Group Chairman Ian Taylor said on Friday at the St. Petersburg Economic forum, adding there are unanswered questions about Europes response, and whether the European Central Bank will stand up to Trumps measures. "I personally think none of us will be able to get around it.