Oil surges as U.S. Secretary of State Michael Pompeo plans to announce that Iran waivers will not be renewed. The current set of waivers -- issued to China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey -- expire May 2. WTI Crude is $65.30; Brent is $73.65 this morning.
Source: Bloomberg.com - By: Nick Wadhams, Glen Carey and Margaret Talev
U.S. Secretary of State Mike Pompeo says the U.S. won’t renew waivers for countries that buy oil from Iran.
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