Iran Oil License Sends Crude Lower: Will Inflation Follow?

The US Treasury issued an oil license to Iran, allowing the production, sale, and delivery of Iranian crude for 60 days. Crude fell as traders priced in fresh barrels and a fading war premium. Iranian crude can reach mainstream buyers again for the first time since Washington reimposed sanctions in 2018. The move ends four The post Iran Oil License Sends Crude Lower: Will Inflation Follow? appeare