How US ending Iran waivers could affect oil markets and beyond
The US is said to announce that it won’t renew exemptions from its sanctions to buyers of Iranian crude after they expire on May 2
In November last year, Donald Trump granted waivers to eight importers as it sought to temper fuel prices ahead of American mid-term elections
Six months after the U.S. rocked oil markets by letting Iranian exports continue, its decision to end sanctions waivers that allowed shipments is also set to reverberate across the globe.
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