5 min

How Iran has managed to evade sanctions on its oil exports Business

    • Business

As the US government and its allies mull new sanctions on Iran after Tehran's missile and drone attack on Israel, we look at whether existing sanctions have been effective at stemming the flow of Iranian oil to global markets. Also in this edition, we see how global oil markets are reacting to the crisis in the Middle East. Plus, the Canadian government unveils a new budget that promises to increase taxes on the rich, while boosting spending on education and housing.

As the US government and its allies mull new sanctions on Iran after Tehran's missile and drone attack on Israel, we look at whether existing sanctions have been effective at stemming the flow of Iranian oil to global markets. Also in this edition, we see how global oil markets are reacting to the crisis in the Middle East. Plus, the Canadian government unveils a new budget that promises to increase taxes on the rich, while boosting spending on education and housing.

5 min

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