Monday, July 16, 2018

Oil falls 2%, below $70, as Treasury says importers may get leeway to buy Iranian crude, despite sanctions


Oil prices extended early losses on Monday, falling towards $69 a barrel, after Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplies from Iran, despite U.S. sanctions on the Middle Eastern country. Mnuchin says US will consider some waivers on Iran sanctionsReuters Papers stolen in a daring Israeli raid on Tehran archive reveal the extent of Iran's past weapons researchWashington Post Papers stolen in a daring Israeli raid on Tehran archive reveal the extent of Iran's past weapons researchWashington Post

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