allowing them limited for purchases for six months the countries affected are china india italy greece japan south korea taiwan and turkey which already said it would not not respect the sanctions or the prices rallied by about three percent on the news brant crude is hovering around the seventy four dollars mark per barrel there are fears that removing the sanctions waivers would reduce all supply from a market that is already tight but u.s. officials say any shortfall can be picked up by other countries as the u.s. itself and saudi arabia recently increased production. the trumpet ministration has issued a blunt warning to nations buying oil from iran after may second there will be no exceptions to sanctions norway various nations that continue to buy uranium oil will be made to suffer more we're going to zero going to zero across the board we will continue on for sanctions and monitor compliance any nation or entity interacting with iran should use its diligence and err on the side of caution the risks are simply not going to be worth the benefits pump a go said the u.s. had granted enough time for the affe

to exemption for sanctions against the oil nation previously eight countries china greece india italy japan south korea taiwan and turkey or granted waivers regarding the u.s. sanctions against iran energy sector now the white house has announced that president trouble will not issue those waivers effectively making those nations subject to sanctions under u.s. laws as of may second white house press secretary sara sanders said this decision is intended to bring iran's oil exports to zero u.s. secretary of state mike pump a claim that iran's regional rivals saudi arabia and the u.a.e. are working with the u.s. to boost oil output which would also at the last for more we're joined by hillary for which all of straw mark the guide to having a very hilarious iraq so right now by not reissuing these authorities when they expire president trump is effectively trying to bring iran's oil exports down to zero and denying this regime this principal source of revenue is that he's trying to bring them back to the negotiating table tell us exactly what is the u.s. trying to achieve by doing this or by trying to do this i

to exemption for sanctions against the oil nations previously eight countries china greece india italy japan south korea taiwan and turkey or granted waivers regarding the u.s. sanctions against iran energy sector now the white house has announced that president trouble will not reissue those waivers effectively making those nations subject to sanctions under u.s. laws as of may second white house press secretary sara sanders said this decision is intended to bring iran's oil exports to zero u.s. secretary of state mike pump a claim that iran's regional rivals saudi arabia and the u.a.e. are working with the u.s. to boost oil output which would also at the last for more we're joined by hillary for which all a strong mark so glad to have me here hilariously well so right now by not reissuing these authorities when they expire president. is effectively trying to bring iran's oil exports down to zero and denying this regimes its principal source of revenue is his trying to bring them back to the negotiating table tell us exactly what is the u.s. trying to achieve by doing this by trying to do this i would give th

the state department issued 180-day waivers to china, india, japan, south korea, taiwan, turkey, italy, and greece idea was to give them time to find alternative oil sources. now, though, u.s. officials say this is happening and the goal of the new policy is to drive up the costs of iran's maligned behavior and address the regime's threats. >>> a tentative deal reached to end the ten-day stop and shop strike. cnn basis has the details next. ♪ pardon the interruption but this is big! now at t-mobile buy any samsung galaxy s10 and get a galaxy s10e free! . >>> 13 students and chaperons were hospitalized. in a connecting american airlines flight from miami to boston, a total of 16 passengers reported feeling symptoms of a stomach illness. according to the boston globe, the students and chaperons who became ill ate at the same restaurant in ecuador saturday night before heading home. >>> what are you doing? he's bleeding. >> a florida sheriffs deputy under investigation for slamming a teenager's head into the ground and punching him. moments after another officer pepper sprayed the teen. the entire in

oil in exchange for the fact they were reducing it those countries were china india japan south korea taiwan turkey italy and greece those waivers are now being taken away the united states is announcing there will be no exceptions there will be no iranian oil they are saying no one should do business with iran and the countries who want to make up the difference should either buy crude from the united states or they should buy it from saudi arabia or the united arab emirates both the kingdom of saudi arabia and the united arab emirates have assured us they will ensure an appropriate supply for the markets and of course the united states is now a significant producer as well. i can confirm that each of those suppliers are working directly with the runs for more customers to make the transition away from iranian crude less disruptive now the people's republic of china which imports quite a bit of oil from iran was certainly not happy to hear this announcement when you go to china is opposes unilateral sanctions and low u.s. jurisdiction china's cooperation with iran is open transparent and legitimate and should be r

continue to buy oil from tehran next month will face sanctions it means china india japan south korea taiwan turkey italy and greece no longer exempt they've been given a six month reprieve from the sanctions which washington imposed last year after president trunk withdrew from a twenty fifteen iran nuclear deal it could raise tensions between the u.s. and china which have already engaged in a trade standoff beijing says it will keep buying iranian oil despite the threat of sanctions we're not seeing the moves actually state my pompei you said it's now up to iran to ensure the sanctions are lifted with the announcement today we've made clear our seriousness of purpose we are going to zero we have long we remain there at sea of depends soley on the islamic republic of iran senior leaders we've made our demands very clear to the ayatollah and his cronies and your pursuit of nuclear weapons stop testing in political ballistic missiles stop sponsoring and committing terrorism halt the arbitrary detention of us citizens our pressure is aimed at fulfilling these demands and others and i will continue to accelerate until

the state department issued the 180 day waivers last november to china, india, japan, south korea, taiwan, italy and greece to find alternative oil sources. the goal of the policy is to drive up the costs of iran's maligned behavior and address the regime's threats. >>> stop and shop employees have reached a tentative deal to end their ten-day strike. late sunday, stop and shop workers who were on strike will return to work monday morning adding the message you sent by collectively standing up for yourselves, your families and for your jobs, has resonated not only with the company but all of america. the strike began april 11th, when 31,000 workers walked out across stores in massachusetts, connecticut and rhode island. the deal includes a pay increase for all associates and continued health coverage and retirement benefits. i can now return to any only grocery store in my town. >> you can eat again after a month. >> that is very good news. >> we'll be right back. as here. i couldn't catch my breath. it was the last song of the night. it felt like my heart was skipping beats. they said i had afib. what's a

italy, turkey, greece, south korea, india you china, taiwan and japan. what is it?e oil picks we like in the space. when you have oil at $75, coming off the lows the way it has, that means that good things for oil companies and chevron is vertically integrated. they benefit from higher oil prices it's that simple. bmo global asset management. we're not looking for fees. we're looking for measuring companies on their fundamentals. connell: okay. >> we're using 24 metrics to valuation, fundamentals, sentiment. agra nation of those metrics what drives our stock picks. that is really important to keep in mind because on a daily basis we're measuring 3500 companies which we picked 60 to build our portfolios. liz: i could not agree more. you can't control what opec is doing or what iran isn't doing, i agree with that i look at one of your other picks. intel is reporting after the bell. tell us what you like about that? chip companies are hanging very much on a thread when it comes to all the headlines and when will we see a china u.s. trade deal? >> yeah. again, intel is

countries the us had granted waivers to last year greece italy and taiwan have since cut their iranian oil imports to zero but china india turkey south korea and japan won't be so easy and iran says the u.s. is overestimating its ability to enforce such sanctions a senior official called the us weak and shaky and said quote if the world is not supplied with iran's oil for two months the global economy will be in trouble and done doubted lead the us wouldn't be able to make up for the losses what's more a commander of the islamic revolutionary guard corps warned that the ira g.c. would block the strait of hormuz if you run is prevented from using it to trade oil with other countries just twenty one miles wide at its narrowest point a third of the world's oil that moves by sea passes through it every day most of the crude oil not only from iran but also from saudi arabia the united arab emirates kuwait and iraq passes through the strait of hormuz the u.s. navy's fifth fleet is based in nearby by train and is tasked with protecting allied commercial ships in the region needless to say its closure could spark military confrontation well the u.s. and its

taiwan in greece and italy stopped purchasing all the remaining five countries lobbied for an extension without succes. china japan and south korea tacky and india will now have until the second of may to stop importing iranian oil will face sanctions. monday's decision has been slammed by ankara and also beijing which relies on imports for about half of its oil -- only one china has alwayays opposed the us imposition of so called unilateral sanctionsns ad long arm j jurisdiction. china'ss cooooration with iran n companies and iran is open transparent reasonable and legal and should be respected without in the ending the way this could barely hall of iranian oil exports from one point nine million to one million barrels a day. and deprive iran struggling economy of an estimated fifty billion euros. tehran has hit back calling the sanctions illegal on the wave is devoid of credibility. meanwhile saudi arabia has a short that it would coordinate with other oil produces to stabilize e global dimond. well the big queststion now is f course whehether the global supy of crude oil will falter if he runs production is taken out of the picture. investors

continue to buy oil from tehran from next month will face sanctions it means china india japan south korea taiwan turkey italy and greece and no longer exempt they had been given a six month reprieve from the sanctions which washington imposed last year after president withdrew from the twenty fifteen iran nuclear deal it could raise tensions between the u.s. and china which already engaged in a trade standoff beijing has called its all purchases from iran reasonable and legitimate president jordan has more from washington. the u.s. says its efforts to impose a worldwide embargo on iranian oil is already working in the last eleven months the trumpet ministration says iran has lost about ten billion dollars in oil revenue all this says washington to punish the han for what it calls the government's quote aligned ways the top administration and our allies are determined to sustain and expand the maximum economic pressure campaign against iran to end the regimes destabilizing activity threatening the united states our partners and allies and security in the middle east these demands are not just coming from the united stat