Oil Soars on Trump Ending Iran Sanction Waivers
April 22, 2019 at 11:10 AM EDT
Oil climbed on Monday following U.S. President Donald Trump ending waivers on companies wishing to purchase Iranian oil without facing stiff sanctions. The price of Brent crude went up by 2.77 percent while WTI crude was up 2.43 percent as of 10:45 a.m. ET. “This decision is intended to bring...