US Wants Sanctions on Crude Exports of Iran Without Harming Allies - TNBC USA

The National Security Advisor of the United States, John Bolton said that the Trump administration wants restriction on the unpurified export of Iran to pressurize Tehran but does not want to harm the nations who depend on the oil.

The oil industry of Iran will have to face some new sanctions as the United States is planning to impose some restrictions on the raw oil export of Tehran after withdrawing themselves from a nuclear agreement which was signed between the global powers and Tehran, earlier in this year. But Washington will also consider offering waivers to some associates who depend on the supplies from Iran.

National Security Advisor of the United States, John Bolton said, “we want to achieve maximum pressure but we don’t want to harm friends and allies either”.

According to Bolton, the US administration realizes that several countries have the closeness to Iran geographically and in the last week he visited also some of that country and the others “may not be able to go all the way, all the way to zero immediately”. The tone of Bolton about the sanctions was more pacifying being a tough protagonist and twisting its raw oil exports to the zero level.

The National Security Advisor still said that the outcomings can be seen in Iran from now, including the fall down in the rial, their currency. He added, “ I think it is important that we not relax in the effort”.

Imposing the law, the US President must issue a ‘determination’ periodically based on the sufficient supply of petroleum and petroleum products in the global market from non-Iranian resources as the countries can be able to cut their purchases from the Iranian sources significantly.

Among the five largest buyers who purchase unpurified oil from Iran, three including India, China and Turkey have combated the direction by Washington for ending their oil purchases instantly.

In this week,  South Korea wanted to know from US State Secretary Mike Pompeo for ‘maximum flexibility’ on the appeal for a waiver to prevent the companies there from being affected by the restrictions. Other countries, including Afghanistan, Iraq depend on the imports from Iran partially.

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