NEW DELHI/TAIPEI/TOKYO -- Most Asian oil importers shrugged off ramifications of U.S. President Donald Trump's decision to impose sanctions on all buyers of Iranian oil, saying they will seek alternative suppliers.
The White House turned the thumb screws on Tehran by announcing it will cancel sanctions exemptions on all importers of Iranian oil, with the waivers ceasing on May 2. The move pushed Brent crude to a five-month high on Tuesday.
