Iranian Oil Exports Offset US Sanctions: Myers

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US sanctions on Iran have had limited impact due to China's continued purchase of 90% of Iranian oil, effectively violating the sanctions.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Charles Myers, Chairman and Founder of Signum Global Advisors, discussed the limited impact of US sanctions on Iran due to China's ongoing purchase of approximately 90% of Iranian oil, effectively violating the sanctions. (Source: Bloomberg)

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Original article published by Bloomberg on January 13, 2026.
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