U.S. to Terminate Sanctions Waivers on Iranian Exports

摘要

Te Trump administration said April 22 the U.S. would end all waivers from Iran energy export sanctions when they expired May 2. S&P Global Platts reports the announcement sparked an immedi- ate threat from Iran to close the Strait of Hormuz, the world’s busiest oil transit choke point. In turn, crude oil futures settled at new six-month highs April 22 as the market eyed an increasingly tight global supply picture in light of the White House decision.