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(Radio Farda) U.S. Special Representative for Iran Brian Hook told Japanese public broadcaster NHK on Tuesday: "Iran's oil customers should not expect new waivers to U.S. sanctions in May. The November waivers were designed to prevent a spike in oil prices, and it appears that there will be enough oil supply to satisfy demand this year." "We are not looking to grant any future waivers or exceptions to our sanctions regime, whether it's oil or anything else," adding that the U.S. aims to "get to zero imports to Iranian crude as quickly as possible." The U.S. had exempted eight countries from sanctions on importing Iranian oil for six months. U.S. sanctions have almost halved Iran's oil exports. The head of Iran's Plan and Budget Organization, Mohammad Baqer Nobakht, acknowledged last month, "We are in dire straits when it comes to exporting oil. The drop in our oil exports has left us far behind." 2019-02-08 00:00:00Full Article
U.S. Will Not Renew Iran Sanctions Waivers in May
(Radio Farda) U.S. Special Representative for Iran Brian Hook told Japanese public broadcaster NHK on Tuesday: "Iran's oil customers should not expect new waivers to U.S. sanctions in May. The November waivers were designed to prevent a spike in oil prices, and it appears that there will be enough oil supply to satisfy demand this year." "We are not looking to grant any future waivers or exceptions to our sanctions regime, whether it's oil or anything else," adding that the U.S. aims to "get to zero imports to Iranian crude as quickly as possible." The U.S. had exempted eight countries from sanctions on importing Iranian oil for six months. U.S. sanctions have almost halved Iran's oil exports. The head of Iran's Plan and Budget Organization, Mohammad Baqer Nobakht, acknowledged last month, "We are in dire straits when it comes to exporting oil. The drop in our oil exports has left us far behind." 2019-02-08 00:00:00Full Article
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