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Home Icon > About Us > News > Oil Traders Prepare to Cut Iranian Crude

Oil Traders Prepare to Cut Iranian Crude

By Angelina Rascouet, Alex Longley and Rupert Rowling (Bloomberg) — European oil refiners and trading houses began preparing to cut purchases of Iranian crude after Washington imposed harsher sanctions on shipments from Tehran than many in the energy industry had expected. The Trump administration has given buyers 180 days to wind down imports after pulling out of […]

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