Oil Spikes Higher After Trump Threatens Allies With Sanctions For Buying Iranian Oil

“The U.S. government is calling on its allies to zero out imports of oil from Iran by November 4, or else face sanctions, and Washington is leaning towards granting no waivers at all. An official from the U.S. State Department said on Tuesday that it had plans to follow up on the matter with Turkey, India and China, even as the U.S. is trying not to ‘adversely impact’ these countries, Bloomberg reports.”

Read more: https://oilprice.com/Energy/Crude-Oil/Oil-Jumps-As-Trump-Asks-Allies-To-Cut-Off-Iranian-Oil.html

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