volatile market again in 3Q19 caused by intensifying trade war between US and China that Trump threatened to impose a fresh 10% import tariff on the remaining value of US$300BN on Chinese goods resulting in
US, Europe, and Asia during Q1/2019. Also contributing, the trade war between the US and China which is likely to persist, even though President Trump has announced the deferment of tax on Chinese
, India, South Korea, Japan, Greece, Taiwan, and Italy, enabling them to continue to import Iranian crude; which forms 75% of total Iranian exports. This turn of events counteracts President Donald Trump’ s