Oil isn't the only product being affected by tensions between Iran and the US. The pistachio industry has been caught in the middle of trade difficulties. In general, Iranian farmers have faced hardships with distributing their products due to strict restrictions, tariffs and sanctions. The Joint Comprehensive Plan of Action, under former President Obama, was put into place in 2016 which removed sanctions to improve trading agreements within the US and their allies. This aided the pistachio growers in Iran because as the product gained popularity in the US and around the world, they were able to increase production and sell more. However, Trump decertified this agreement in October. Iran and the US dominate the pistachio industry and together have produced "between 70% and 80% of yearly output for the last decade." If President Trump decides to completely end this agreement, the reinstating of previous trade sanctions will leave Iran in a noncompetitive state and prices will continue to increasingly fluctuate.
Link: The US and Iran battle over the pistachio nut trade
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