China’s crude oil futures boom amid looming Iran sanctions
13 May China’s crude oil futures boom amid looming Iran sanctions
Posted at 07:44h
in
News
by KMFSLLP
SINGAPORE/BEIJING, May 14 (Reuters) – A U.S. decision to
reimpose sanctions on Iran is supporting China’s newly
established crude oil futures, and may spur efforts to start
trading oil in yuan rather than dollars, traders and analysts
said.
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