Oil falls 3%, below $69, as Treasury says importers may get leeway to buy Iranian crude, despite sanctions
- U.S. Treasury Secretary Steve Mnuchin said some oil buyers could get waivers to continue buying Iranian supplies despite American sanctions on the Middle Eastern country.
- Concerns about the aggressive U.S. policy to remove Iranian barrels from the market have raised oil prices in recent weeks.
- Oil prices slipped earlier on Monday as concerns about supply disruptions eased and Libyan ports reopened.
CNBC.com