EU Iran decision likely to rock markets next week | Bangkok Post: business

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EU Iran decision likely to rock markets next week

Next Monday's EU foreign ministers' meeting on the conflict between Iran and Western countries will see crude prices rise or fall depending on the resolution, but energy stocks and commodities are certain to experience high volatility come what may, says SCB Securities.

Sukit Udomsirikul, the senior vice-president for retail strategy, has projected three possible outcomes of the meeting.

The most likely scenario is the EU delaying its announced embargo on Iran for two reasons.

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About the author

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Writer: Nuntawun Polkuamdee
Position: Business Reporter

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