U.S. to end all waivers on imports of Iranian oil, crude price jumps
Monday, 22 April 2019 The United States on Monday demanded that all buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.
According to Reuters, the Trump administration wants to cut Iranian oil exports to zero. The White House said that President Donald Trump has decided not to reissue export waivers related to sanctions imposed last November. The waivers allowed some importers to buy Iranian oil without violating those...
According to Markets Insider, equity markets around the world are on the rise, along with oil prices.
On May 16th, the price for crude oil jumped over 1.5-percent.
The prices for Brent crude and West..
According to Reuters, a global gauge of stocks is trading flat after a day of sharp losses. On May 8th, MSCI's all-country world stock index was flat after falling over 1-percent the day before. Equity..