U.S. ending waivers on Iran oil sanctions on May 2

The price of oil rose Monday after the U.S. said it will end exemptions on Iranian oil sanctions for 5 nations, including China. Japan, India, Turkey and South Korea have been allowed to keep importing Iranian oil without penalty despite sanctions. That will end on May 2nd as the U.S.

from CBC | Express Feed News http://bit.ly/2W7F23W