Trump to end waivers on Iran oil imports: W. House vanguardngr.com vanguardnews
The United States announced on Monday it will no longer grant sanctions exemptions to Iran’s oil customers, potentially punishing allies such as India as it tries to squeeze Tehran’s top export.
“This decision is intended to bring Iran’s oil exports to zero, denying the regime its principal source of revenue,” the White House said in a statement. Eight governments were initially given six-month reprieves from the unilateral US sanctions on Iran. They include India, which has warm ties with Washington but disagrees on the US insistence that Iran is a threat.
The others — Greece, Italy, Japan, South Korea and Taiwan — have already heavily reduced their purchases from Iran.
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