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Iran sanctions: Allies, trading partners likely to evade US sanctions (Part 2)

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Listen: Iran sanctions: Allies, trading partners likely to evade US sanctions (Part 2)

Criminals used to evade US energy sanctions. Now, longtime US allies and trading partners likely will, Richard Nephew, a senior research scholar at the Center on Global Energy Policy at Columbia University, tells the Platts Capitol Crude podcast.

In Part 2 of our interview with Nephew, he discusses: how the Trump administration may be permanently altering international economic alliances; what's next for Venezuela sanctions; the impact of the Chinese trade war on US crude oil flows; and whether Congress can successful implement sanctions on Russia in spite of Trump administration resistance.

Nephew was the principal deputy coordinator for sanctions policy at the US State Department during the Obama administration and is the author of the book "The Art of Sanctions: A View from the Field."

Part 1: Iran sanctions: Impact on oil prices and future global supply