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IHS Markit senior economist Patrick Schneider doubted that Iran could cushion economic blow in near term IHS Markit senior economist Patrick Schneider doubted that Iran could cushion the economic blow in the near term NegativeIran is likely to ride out the storm from U.S. oil sanctions suffering recession but no economic meltdown thanks to rising crude prices and deepening divisions between the United States and other major powers officials and analysts say http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-iran-economy-sanctions-analysis/irans-economy-to-suffer-but-likely-ride-out-u-s-sanctions-storm-idUSKBN1ND2C82018-11-09