Oil hits 2019 high on US plan to end Iran waivers

US to end all waivers for Iran oil imports in May

Oil price: Brent crude futures rose $1.77, or 2.5%, to $73.74 a barrel by 11:02 am EDT (1502 GMT)
Oil price: Brent crude futures rose $1.77, or 2.5%, to $73.74 a barrel by 11:02 am EDT (1502 GMT)Photo: REUTERS/SCANPIX
Published 22 April 2019, 15:38Updated 22 April 2019, 15:38
ProductionNorth America