# U.S. allows eight importers to keep buying Iran oil for now | Reuters

> Oil prices fell on Friday for a weekly loss of over 6 percent after the U.S. granted waivers allowing eight importers to keep buying Iranian oil. Investors worried about crude oversupply. Brent settled at $72.83 a barrel.

- Date: 2018-11-03 · published 2018-11-03T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9153-u-s-allows-eight-importers-to-keep-buying-iran-oil-for-now-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Sanctions waivers allow Iranian barrels to keep flowing, adding to global crude supply and pushing prices lower.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-11-02 | [Oil falls as US allows Iran sanctions waivers](https://feedsoft.ai/events/9156-oil-falls-as-us-allows-iran-sanctions-waivers.md) | -4.6% | -19.7% |
| BRENT | 2021-07-19 | [Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases \| Reuters](https://feedsoft.ai/events/6357-oil-piles-on-losses-following-opec-deal-to-boost-supply-rising-covid-cases.md) | +0.6% | -4.4% |
| BRENT | 2026-02-25 | [EXCLUSIVE: OPEC+ to consider 137,000 bpd oil output increase for April, sources say \| Reuters](https://feedsoft.ai/events/20512-exclusive-opec-to-consider-137-000-bpd-oil-output-increase-for-april-sources.md) | +16.0% | +49.9% |
| BRENT | 2021-04-27 | [OPEC+ sticks to plan to ease oil output cuts from May 1 \| Reuters](https://feedsoft.ai/events/47504-opec-sticks-to-plan-to-ease-oil-output-cuts-from-may-1-reuters.md) | +3.2% | +4.5% |
| BRENT | 2026-07-05 | [OPEC+ approves further oil output increase as Hormuz exports start to recover \| Reuters](https://feedsoft.ai/events/18249-opec-approves-further-oil-output-increase-as-hormuz-exports-start-to-recover.md) | +7.0% | +33.1% |
| WTI | 2018-11-02 | [Oil falls as US allows Iran sanctions waivers](https://feedsoft.ai/events/9156-oil-falls-as-us-allows-iran-sanctions-waivers.md) | -4.7% | -20.2% |
| WTI | 2021-07-19 | [Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases \| Reuters](https://feedsoft.ai/events/6357-oil-piles-on-losses-following-opec-deal-to-boost-supply-rising-covid-cases.md) | +0.6% | -4.7% |
| WTI | 2026-02-25 | [EXCLUSIVE: OPEC+ to consider 137,000 bpd oil output increase for April, sources say \| Reuters](https://feedsoft.ai/events/20512-exclusive-opec-to-consider-137-000-bpd-oil-output-increase-for-april-sources.md) | +13.5% | +41.6% |

## Sources

- reuters.com: https://www.reuters.com/article/world/us-allows-eight-importers-to-keep-buying-iran-oil-for-now-idUSKCN1N70LW/

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