That expectation was partly based on previous... The US has warned countries to end oil imports from Iran by 4 November or risk penalties. The move follows Washington's reimposition of sanctions on Tehran in a bid to isolate it politically and economically. Oil prices have fallen sharply since the lifting of international sanctions, with Brent crude falling below $45 per barrel for the first time this year. But senior State Department officials said it will issue no such waivers.
The US has warned countries to end oil imports from Iran by 4 November or risk penalties. The move follows Washington's reimposition of sanctions on Tehran in a bid to isolate it politically and economically. Oil prices have fallen sharply since the lifting of international sanctions, with Brent crude falling below $45 per barrel for the first time this year. But senior State Department officials said it will issue no such waivers.