End of Cosco sanctions shows US reluctance for penalizing key oil market players: analysts

The Trump administration's decision to lift sanctions on affiliates of China's biggest shipping company may not be a sign the US "maximum pressure" campaign on Iran is weakening, but shows that sanctions on key oil market players are unlikely, analysts said.

"I think this signals that sanctions on major foreign companies, including those that may be systemically significant to certain economic sectors, are unsustainable," Elizabeth Rosenberg, director of the energy program at the Center for a New American Security and a former senior sanctions adviser at the Treasury Department, told S&P Global Platts Monday.

Read the full story and more in S&P Global Platts.