inflation will drive prices even further in the country this year and that would drive many more arrhenius into poverty this would have. an impact on social specially sentients have led to an increase in inflation. inflation. reaching fifty percent before of course any economy will suffer recession the iranian government says it's considering counter measures to u.s. sanctions and as even threaten to close the straits of hormuz keep passage for international trade. lots of warnings today from the i.m.f. that this dispute could destabilize the entire region tehran saying the latest sanctions will rock world oil markets let's bring in ashutosh sunday he's following the financial markets for us from frankfurt i should toss what are oil prices doing and where are they going. well oil prices are marginally up poor and but they're still well below the highs the six month highs that they saw last week following the announcement that the waivers will not be extended having said that experts tell me that they don't expect the oil prices to go through the roof as many of fearing because of two main