Reuters quotes two sources familiar with the matter, as saying that the US is planning to cut Iran’s crude exports by about 20% to below 1 million barrels per day (bpd) from May. The sources said the US could achieve this by urging the importing countries (including the biggest buyers China and India) to reduce their purchases in an exchange for the US sanctions waivers. One of the sources said: “The goal right now is to reduce Iranian oil exports to under 1 million barrels per day.” “Zeroing out could prove difficult” adding a price of around $65 a barrel for international benchmark Brent crude was “the high end of Trump’s crude price comfort zone,” said another source. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China NBS: China’s economic growth in Jan-Feb within reasonable range FX Street 4 years Reuters quotes two sources familiar with the matter, as saying that the US is planning to cut Iran's crude exports by about 20% to below 1 million barrels per day (bpd) from May. The sources said the US could achieve this by urging the importing countries (including the biggest buyers China and India) to reduce their purchases in an exchange for the US sanctions waivers. One of the sources said: "The goal right now is to reduce Iranian oil exports to under 1 million barrels per day." "Zeroing out could prove difficult" adding a price of around $65 a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
