US to end sanction waivers for Iran oil imports
As part of the US administration’s latest decision, exemptions that were granted to China, India, Japan, South Korea, and Turkey will expire as of May 2, 2019.
This decision not to renew the waivers was in line with the US administration’s efforts to bring Iran’s oil exports to zero. The statement also assured that the US, along with Saudi Arabia, and the United Arab Emirates, is committed to ensuring that global oil markets remain adequately supplied.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Turkey’s PS, EPS markets retain uptrend on low availability
- China’s PP, PE and PVC markets continue to offer poor netbacks despite better sentiment
- LDPE run-up enters its third month in China as tightness persists
- African PP, PE markets extend gains into Sept on tightness
- European PS follows SM lower in Sept, ABS flat on tightness
- Turkey PP, PE markets propelled higher by shipping bottlenecks in Sept
- Are record-high PVC prices the new normal amid enduring pandemic?
- European PVC up for 16th month in Sept, prices touch new highs
- Egypt’s PP, PE markets rise on tightness in September
- Logistics snarls propel import PP, PE offers higher in Europe