Tag: iran oil
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Oil jumps after settlement as US revokes general license for Iran oil sales
NEW YORK, July 7 : Oil prices settled 3 per cent higher on Tuesday and then extended gains post-settlement, after the U.S. revoked the general license that authorized the sale of Iranian crude oil. Reports of attacks on vessels near the Strait of Hormuz also revived fears of disruptions to tanker shipping.Bre
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India news: US waiver clears way for Iran oil purchase
Iran has contacted Indian refiners to sell its oil after the US temporarily lifted sanctions on Tehran. Meanwhile, an Indian startup founder is going to head Meta’s WhatsApp. Follow DW for more.
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