Reuters | Oil heads for biggest weekly rise in a month as Iran sanctions loom Reuters The United States plans to impose new sanctions against Iran, which produces about 4 percent of global oil supplies, after abandoning an agreement reached in late 2015 that curbed Tehran's nuclear activities in exchange for removal of U.S. and European ... Oil Traders Prepare to Cut Iranian Crude on Trump Sanctions These Are The Potential Consequences Of Renewing Sanctions For Iran's Oil Importers The close: Oil, energy stocks lift TSX |