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The Best Oil ETF to Own for Trump Ending Iran Nuclear Deal

TheStreet Guest Contributor

In a few days, President Trump will most likely decertify the nuclear deal with Iran and reimpose sanctions. WTI oil futures are already anticipating that action and have surged to over $70 per barrel for the first time in over four years. Should President Trump indeed decertify the nuclear deal, hundreds of thousands of barrels of oil, potentially over a million, will come off the international markets, likely pushing oil prices over $80 per barrel by the peak summer driving season.