THE SOLVENCY POLICIES ON BANKS CREDIT MAY HAVE CONSOLIDATED THE FINANCIAL MARKETS VULNERABILITY ON FLACTUATING OIL PRICES AND INCREASED THE CHANCE ---

THE SOLVENCY POLICIES ON BANKS CREDIT MAY HAVE CONSOLIDATED THE FINANCIAL MARKETS VULNERABILITY ON FLACTUATING OIL PRICES AND INCREASED THE CHANCE OF THE PROJECTED FINANCIAL AND ECONOMIC CHAOS, DUE TO THE RENEWED SANCTION ON IRAN'S CRUDE OIL EXPORT.



The projected chaos in price hike of crude oil per barrel in the world's financial markets with the expected wide-spread negative financial and economic consequences referred to as attributes of renewed sanction on Iran's oil export, particularly the European Union sanction on Iran's crude oil export which contributed to the price increase of crude oil that has been expected to exceed the price of $108 per barrel of crude oil in the world markets may not occur, due to the measures taken by some countries to prevent the projected financial and economic chaos, due to the sanction on Iran's crude oil export. Saudi Arabia has promised to increase its crude oil production for the European Union countries to meet the high demand for fuel consumption in Europe and in the USA. However, the measures that may have been taken by the USA and the European Union countries to combat the expected price hike on crude oil and the inflation remains unspecified and speculative. Some sources have pointed out that both the USA and the European Union countries solvency policies on banks credit may have consolidated the financial markets vulnerability on flactuating crude oil prices and increased the chance of the projected financial and economic chaos.