BREAKING NEWS

White House adviser sees oil markets weathering expected end to Iran oil waivers

WASHINGTON - White House economic adviser Kevin Hassett said on Monday that he believed global oil markets would be able to handle an expected U.S. decision to force buyers of Iranian oil to either end imports or face sanctions, despite Monday's surge in oil prices.
"I think that the global oil markets are poised to be able to deal with this," Kevin Hassett said in an interview with CNBC.
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