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Oil falls to $83 as Iran sanctions near

Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. re-imposes sanctions, easing a strain on supplies.

Two companies in India, a big buyer of Iranian oil, have ordered barrels in November, India’s oil minister said on Monday. The Trump administration is considering waivers on sanctions, a U.S. government official said on Friday.


  • Noisy Markets

  • GBP/USD – British pound loses ground as dollar remains strong

  • Oil falls to $83 as Iran sanctions near

  • India places order for Iranian oil ahead of US sanctions

  • Chinese markets tumble as PBOC cuts RRR again

  • Brazil stocks rally on far right election victory

  • USD/JPY – Japanese yen rally continues as dollar retreats to 113

  • XAU/USD – Gold slides as treasury bonds climb

  • DAX – Slump in bank shares drag DAX to 4-week low

  • EUR/USD – Euro starts week with losses, U.S banks closed for holiday

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