# Crude oil falls after US softens stance on Iranian sanction waivers - The HinduBusinessLine

> Oil prices fell after the US said it would consider requests from some countries for waivers from the Iran oil sanctions that take effect in November. Brent was down $1.10 at $77.76 and US crude was down 68 cents. Washington had said earlier that buyers must halt all Iranian oil imports by November 4.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10097-crude-oil-falls-after-us-softens-stance-on-iranian-sanction-waivers-the
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Possible sanction exemptions raise expected Iranian export volumes, adding supply and pressuring crude prices. Lower energy prices can ease biofuel and feed-processing costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2018-07-11 | 1 | -5.1% | -3.5 | The US signaling possible waivers on Iran sanctions reduced expected supply loss, pressuring prices the same day. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -2.3% | — |
| WTI | 2026-03-27 | [Crude oil futures decline as US extends Iran peace deal deadline - The HinduBusinessLine](https://feedsoft.ai/events/20283-crude-oil-futures-decline-as-us-extends-iran-peace-deal-deadline-the.md) | +17.8% | +1.5% |
| WTI | 2026-01-05 | [Crude oil futures decline as markets analyse US action in Venezuela - The HinduBusinessLine](https://feedsoft.ai/events/21176-crude-oil-futures-decline-as-markets-analyse-us-action-in-venezuela-the.md) | +3.1% | +7.9% |
| WTI | 2025-09-19 | [Crude oil trades lower as Trump pledges support for post-war peace between Russia and Ukraine - The HinduBusinessLine](https://feedsoft.ai/events/22974-crude-oil-trades-lower-as-trump-pledges-support-for-post-war-peace-between.md) | +2.4% | -9.1% |
| WTI | 2018-07-16 | [Oil tumbles as Mnuchin says oil buyers may get Iran sanctions waivers](https://feedsoft.ai/events/64230-oil-tumbles-as-mnuchin-says-oil-buyers-may-get-iran-sanctions-waivers.md) | -0.9% | -4.8% |
| BRENT | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -5.4% | — |
| BRENT | 2026-03-27 | [Crude oil futures decline as US extends Iran peace deal deadline - The HinduBusinessLine](https://feedsoft.ai/events/20283-crude-oil-futures-decline-as-us-extends-iran-peace-deal-deadline-the.md) | +6.6% | -1.9% |
| BRENT | 2026-01-05 | [Crude oil futures decline as markets analyse US action in Venezuela - The HinduBusinessLine](https://feedsoft.ai/events/21176-crude-oil-futures-decline-as-markets-analyse-us-action-in-venezuela-the.md) | +4.7% | +16.5% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/crude-oil-falls-after-us-softens-stance-on-iranian-sanction-waivers/article24385825.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.