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There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will happen to the international oil prices in the case of shocks in the flow of Iranian oil...
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One of the main elements of economic sanctions against Iran due to its nuclear and military programs is crude oil … exports, our proxy of Iran oil sanctions. However, the increasing response of oil prices to the Iranian oil sanction is only … significant in the first year after negative shock in Iran oil exports. Beyond the first year following shock, we do not observe a …
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regard to the unfolding nuclear crises in Iran and North Korea. It examines how these measures, designed to marginalise the …
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