(Bloomberg) The Biden administration wants to tighten the screws on Iran’s oil sales to neutralize its support for militants in the Middle East. But squeezing too hard risks inflicting higher prices on both a sluggish global economy and President Joe Biden’s looming election rematch with Donald Trump.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-
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(Bloomberg) The Biden administration wants to tighten the screws on Iran’s oil sales to neutralize its support for militants in the Middle East. But squeezing too hard risks inflicting higher prices on both a sluggish global economy and President Joe Biden’s looming election rematch with Donald Trump.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndBiden’s Attempt to Address Memory Issue Backfires With New GaffeBezos Sells $2 Billion of Amazon Shares in F