US Sec. of State Pompeo: Temporary oil waivers granted to China, India, S. Korea, Turkey, Italy, Greece, Japan and Taiwan

Eren Sengezer FXStreet

The United States' Secretary of State, Michael Pompeo, recently crossed the wires announcing that temporary oil waivers are granted to China, India, S. Korea, Turkey, Italy, Greece, Japan and Taiwan. "More than 20 countries have already cut their oil imports from Iran, reducing imports by more than 1 million barrels," Pompeo further stated, as reported by Bloomberg.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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