Some Top Oil Buyers Are Thinking About Shunning Iran Oil

6/27/2018

Much will depend on whether China and India, Iran’s two biggest oil customers, shun Iranian oil. The biggest threat is the U.S. cuts off access to the American banking system for foreign financial institutions trading with the Middle East nation’s central bank. WTI Crude is $72.49; Brent is $77.80 this morning.

Source: Bloomberg.com - By: Tsuyoshi Inajima, Serene Cheong & Sharon Cho

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