Business & Economy · 25 views
Oil prices rise as the U.S. cancels Iran’s license to sell oil
Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.
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AI Summary
The cancellation of Iran's license to sell oil has led to an increase in oil prices. The Treasury Department's decision to revoke the license granted on June 21 has had a direct impact on the market.
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