• Get 30-Days Free → “The Macro Show” With CEO Keith McCullough

    Turn off the CNBC nonsense. Proactively prepare your portfolio. Get 30-days free access to The Macro Show —no credit card, no strings attached. The smartest market TV available.

U.S. President Donald Trump is ending sanction waivers for Iranian oil importers, denying the country of its main source of revenue. Joe McMonigle, Senior Energy Policy Analyst with Hedgeye Risk Management, explains the key ramifications and tells BNN Bloomberg that pressure on Iran also means pressure on oil markets.

Click image below to watch the conversation

McMonigle: Trump Exerting 'Maximum Pressure' on Iran - z mcmonigle