Oil backs off 2014 highs ahead of Trump Iran decision

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Oil backs off 2014 highs ahead of Trump Iran decision

08 May 2018, London — Oil retreated from its highest level in 3-1/2 years on Tuesday ahead of an announcement by President Donald Trump later in the day on whether the United States will reimpose sanctions on Iran. Should Trump pull the United States out of a multi-nation agreement on Tehran’s nuclear program, Iranian crude …

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