Sanctions and threats in the US show their effect in the increased oil price

The Brent oil price has jumped to the highest level in four years. With the new four-year high, which stands at $ 83 a barrel, last week's trend will continue into the new week. This is mainly due to reports from Iran, according to which the purchase by Chinese companies was significantly reduced. The impact on the economy could be palpable - but China's renewed restraint shows that the expectations of Iranian oil exporters have not been met.