Commodities
Iran Sanctions Fail to Deliver 'Financial D-Day' Hype
The US's latest attempt to economically isolate Iran has been met with disappointment, failing to live up to the hype surrounding what was touted as a 'financial D-Day' for the country.
Asian oil team leader Serene Cheong notes that there is little in the details of the White House's plan to suggest a turning point in Iran's conflict with the US.
The plan, which aimed to cut off Iran's access to global markets and cripple its economy, has been criticized for being too soft and failing to effectively address the country's economic needs.