Mnuchin: US will consider some waivers on Iran sanctions

TEHRAN, Jul. 17 (MNA) – US Treasury Secretary Steven Mnunchin said that the United States will consider waivers for countries that need more time to wind down their oil imports from Iran as the US re-imposes sanctions, RIA Novosti reported.

Trump administration is pushing countries to cut all imports of Iranian oil from November when the United States reimposes sanctions against Tehran.

President Trump withdrew from the 2015 nuclear deal agreed between Iran and six major powers earlier this year, against the advice of allies in Europe and elsewhere.

The United States wants to avoid disrupting global oil markets as it reimposes sanctions against Tehran and in certain cases will consider waivers for countries which need more time to wind down their oil imports from Iran, US Treasury Secretary Steven Mnuchin said.

"We want people to reduce oil purchases to zero, but in certain cases if people can't do that overnight, we'll consider exceptions," Mnuchin told reporters on Friday, clarifying some US officials' comments that there would be no exemptions. Mnuchin's comments were embargoed for release on Monday.


News Code 135776


Your Comment

You are replying to: .
  • captcha