U.S. - IRAN SANCTIONS FOREWER
WSJ - U.S. oil prices jumped more than 3% to above $70 a barrel Tuesday after a senior official said Washington expects all countries to cut oil imports from Iran to zero by November or risk sanctions.
Light, sweet crude for July delivery ended 3.6% higher to $70.53 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose 2.1% to $76.31.
Iran exports more than 2 million barrels a day of oil. President Donald Trump in May withdrew from a nuclear deal with…
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