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Oil prices spike more than 3% on reports that US will end waivers for Iran sanctions

Oil prices spike more than 3% on reports that US will end waivers for Iran sanctions

Oil prices surged by more than 3 percent on Monday past highs not seen since November 2018, after reports that Washington is set to announce that all buyers of Iranian oil will have to end imports, or be subject to U.S. sanctions.

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