The U.S. is waiving oil-related sanctions on certain countries to ease crude prices, and President Trump said the war with Iran would end "very soon." The policy shift could increase available crude supply and put downward pressure on oil prices, easing near-term inflationary pressure and reducing geopolitical risk for energy markets.
The U.S. is waiving oil-related sanctions on certain countries to ease crude prices, and President Trump said the war with Iran would end "very soon." The policy shift could increase available crude supply and put downward pressure on oil prices, easing near-term inflationary pressure and reducing geopolitical risk for energy markets.
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