The U.S. said that more countries stopped buying oil Iran, U.S. Department of State official said in Washington on Tuesday.
China, India, South Korea, Italy, Greece, Taiwan, Turkey and Japan were the eight countries which U.S. allowed to buy oil from Iran.
Prices have since dropped and the oil is currently trading at $69.27, a 0.38 per cent increase on the day. “Any further oil price increase problems on global scale.”
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