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The US ‘will probably fail’ to completely cut off Iranian oil exports — but that could be good news for Trump

  • Trump has until May 2 to decide whether to issue new waivers to eight governments that were allowed in November to keep buying Iranian oil without facing penalties.
  • “The U.S. will probably fail to reduce Iranian exports to zero, despite renewed talk from the White House about letting all oil import waivers expire in early May,” analysts at Eurasia Group said in a research note published Tuesday.
  • Late last month, Trump told OPEC that its members should start pumping more oil as crude prices continued to rise.

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