Oil surges as US ends Iran sanction waivers—four experts forecast what's next (via TradingNation)
div > div.group > p:first-child"> The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran's oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent.Savita Subramanian, head of U.S.
Alex Dryden, global market strategist at J.P. Morgan, said macroeconomic global risks could catch up to the oil market itself:
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