Oil falls further on a report that Iran could be allowed to immediately sell oil

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WTI crude is now down more than 5% to $76.01 on a report that the US will allow Iran to immediately sell oil when the deal is signed. There was some speculation it would be phased or slow walked along with Iran opening the Strait.Obviously, there was pressure on Trump to do a deal in order to keep crude prices from spiking so this doesn't surprise me. Evidently though, it caught the market off guard and crude is getting hammered down to the lowest levels since the first days of the war. This article was written by Adam Button at investinglive.com.