How US ending Iran waivers could affect India, other oil markets

The US is said to announce in Washington that it won’t renew exemptions from its sanctions to buyers of Iranian crude after they expire on May 2. It marks a change in direction from November last year, when the Donald Trump administration granted waivers to eight importers as it sought to temper fuel prices ahead of American mid-term elections.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2IOcsAP

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