US To No Longer Issue Sanction Waivers For Countries Importing Iranian Oil - White House

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US to No Longer Issue Sanction Waivers for Countries Importing Iranian Oil - White House

US President Donald Trump has decided not to reissue waivers to any country that is currently importing Iranian oil when they expire on May 2, the White House said in a statement on Monday

WASHINGTON (UrduPoint News / Sputnik - 22nd April, 2019) US President Donald Trump has decided not to reissue waivers to any country that is currently importing Iranian oil when they expire on May 2, the White House said in a statement on Monday.

"President Donald J.

Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May. This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," the statement said.

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