When the clock strikes midnight on Thursday, the United States will officially end sanctions waivers that allow eight countries to import Iranian oil. Dudley says the move, which is meant to drive Iran's oil exports to zero, is responsible for"Now the U.S. is saying they're going to ...
"I think the key — the wildcard key — is will the U.S. at the last minute give some more waivers or not?" Dudley said.While the Trump administration insists there will be no grace period for Iranian oil buyers, it has surprised the market on more than one occasion.
Is this more pressure than the last “maximum pressure?” If so, the last one wasn’t maximum. Unless this is 11 pressure.
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