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The global economic impact of $100 oil 'isn't trivial': Here are the likely winners and losers

Sam Meredith

Oil prices have surged more than 25 percent this year, prompting investors to bet that a return to triple-digits could be just around the corner. President Donald Trump's administration is scheduled to impose crude sanctions against Iran from November 4. "Overall we would put an oil shock in the top three of our concerns over the next year along with trade wars and the 'exit-sential' risks in Europe," economists at Bank of America Merrill Lynch said.