Economic Times | Commodity Outlook: Oil on weak footing on Iran sanction waiver Economic Times Brent crude was over 1 per cent down as Washington said it may grant waivers to sanctions against Iran's oil exports next month and Saudi Arabia is said to be replacing any potential shortfall from Iran. US sanctions will target Iran's crude oil ... Oil prices continue to fall amid US sanctions on Iranian crude Oil drops 1 percent as US considers granting some waivers on Iran crude sanctions |