Oil price blowout floats IPO and M&A hopes after Trump slaps down Iran

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Oil price blowout floats IPO and M&A hopes after Trump slaps down Iran

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MKJT6P Washington, District of Columbia, USA. 8th May, 2018. United States President DONALD J. TRUMP makes a statement on the Joint Comprehensive Plan of Action regarding Iran in the Diplomatic Reception Room of the White House. In his remarks the President announced the US was pulling out of the deal and that sanctions would be reimposed on Iran. Credit: Martin H. Simon/CNP/ZUMA Wire/Alamy Live News | Alamy Stock Photo

The US decision not to renew sanction waivers for Iran’s remaining export markets has boosted the price of oil and opened a window for oil and gas capital markets activity, write Sam Kerr and Mike Turner.

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