State department official briefs reporters on Iran sanctions
- US does not plan to offer any waivers on oil imports from Iran
- US State Department official to travel to India, China and coming week will ask them to go to 0 on imports from Iran
- US looks to encourage Gulf countries in upcoming talks to ensure global oil supplies as Iran oil exports are restricted
HMMMM. You gotta wonder how open the ears are of US allies.
Nevertheless, the price of oil is trading up to a new session high at $69.27 (currently trade at $69.17).