President Donald Trump’s decision to withdraw from the Iran nuclear deal could pile pressure on OPEC’s pact to limit production and upset the delicate balance among its disparate signatories, analysts say. Oil prices hit 3½-year highs this week amid expectations that renewed U.S. economic sanctions will squeeze Iran’s oil supply and escalate regional tensions that have the potential to further limit the flow of crude.

Source: Wall Street Journal May 11, 2018 09:22 UTC