3 Oil ETFs Get Boost as Iranian Imports Slashed
June 26, 2018 at 13:22 PM EDT
Three of the biggest oil ETFs got a boost Tuesday as the U.S. State Department ordered all crude oil buyers to slash their imports coming from Iran to zero by November or risk facing powerful U.S. sanctions. The oil markets responded with WTI Crude Oil up 3.5% and Brent Crude was up 2.18%. United...