Oil Plummets as Trump Signals Thaw in Iranian Sanctions Deadlock
Oil barrels sit stacked inside the polyethylene plant of the Ecopetrol SA refinery in Barrancabermeja, Santander, Colombia. (Photographer: Nicolo Filippo Rosso/Bloomberg)

Oil Plummets as Trump Signals Thaw in Iranian Sanctions Deadlock

(Bloomberg) -- Oil dropped to a one-week low as U.S. President Donald Trump considered easing sanctions on Iran that severely restricted the OPEC member’s ability to export crude.
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