Oil prices hit their highest since November 2018 on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end on 2 May 2019. This is pressuring importers to stop buying from Tehran,as they seek to drive Iran’s oil exports as close to zero as possible,as well as further tightening global supply.The eight countries that have been granted the sanctions waivers are: China, India, South Korea, Japan, Italy, Greece, Taiwan, and Turkey.In Today’s Story, we answer the relevant question: Who will benefit the most locally and for how long?

For more details, please read the full report below.

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