Economics

Iran's Oil Output Plunges to More Than Three-Decade Low

Trump Doesn’t Want to Get Into a Military Fight With Iran, Says Professor Brands
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Iran is producing oil at the slowest clip since 1986, making U.S. sanctions on crude sales as effective as the devastating Iraq-Iran war that ended more than 30 years ago. And there is no sign of relief as the Islamic Republic steps up uranium enrichmentBloomberg Terminal. President Donald Trump warned Iran of further penalties if it continues to advance its nuclear program, tweeting: “Be careful with the threats, Iran. They can come back to bite you like nobody has been bitten before!”