Home US sanctions against Iran will damage stability of oil market – Reuters

US sanctions against Iran will damage stability of oil market – Reuters

Updated: 29 Apr. 2019 | 12:47

According to Reuters, an official for Iran’s oil ministry said that the U.S. sanctions against Iranian oil industry would damage the stability of the oil market globally. Crude oil doesn’t seem to be paying attention to these comments with the barrel of West Texas Intermediate clinging to small daily gains near $63.

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