U.S. administration wants a quick deal with Iran: Barclays

Barclays strategist Mitul Kotecha says there is no 'obvious off-ramp' between the U.S. and Iran, raising geopolitical risk. He also warns major central banks are turning hawkish, which will tighten policy and likely cause pain for energy-importing countries through higher energy costs and tighter financial conditions.

Analysis

Barclays strategist Mitul Kotecha says there is no 'obvious off-ramp' between the U.S. and Iran, raising geopolitical risk. He also warns major central banks are turning hawkish, which will tighten policy and likely cause pain for energy-importing countries through higher energy costs and tighter financial conditions.