The end of Iranian oil waivers and what it means for the OPEC-led output pact
April 22, 2019 at 14:12 PM EDT
Oil prices had good reason to rally on Monday with loss of waivers on U.S. crude sanctions on Tehran, set to expire in just over a week, expected to take roughly a million barrels off the global market and potentially mark an end to the output-cut agreement among major oil producers.