US President Donald Trump has pulled his country out of the nuclear deal with Iran, and plans to impose further crippling sanctions on the major oil producer. Trump has further suggested that any country that continues to support Iran risks sanctions being imposed on them. Meanwhile, SA has become dependent on Iranian oil and the two countries are determined to cement ties. And, worryingly, Bloomberg Economics has ranked SA as the most vulnerable country to Iran sanctions. Ross Harvey, lead for extractive industries and governance of Africa’s resources programme at the South African Institute of International Affairs, spoke to Business Day TV about the possible risks to SA of Trump’s decision to leave the nuclear deal with Iran. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now