US Contemplates Waivers on Iran Crude Sanctions, but There Is a Catch
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According to Reuters, international benchmark Brent crude oil futures LCOc1 fell to $83.26 per barrel in early trades, down 90 cents, or 1.1%, from their last close.

US West Texas Intermediate (WTI) crude futures CLc1 were down 54 cents, or 0.7%, at $73.80 a barrel.

A US government official said on Friday that the country could consider exemptions for nations that have already shown efforts to reduce their imports of Iranian oil.

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