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Washington expects sanctions on Iran's energy sector to continue until 2021
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The Energy Information Administration of the US Department of Energy said on Wednesday that US sanctions on the Iranian energy sector will continue, at least, until the end of 2020.
According to the monthly forecast of the administration's expectations: "The Energy Information Administration believes that the US sanctions on Iranian oil exports will remain in force Until the end of the forecast period (2019-2020)
In addition, current projections reflect the non-renewal of exemptions from the oil sanctions of eight countries because of the continued purchase of Iranian oil after May 2019. "
On May 8, US President Donald Trump announced his country's withdrawal from the nuclear deal. The ban, which was suspended after the implementation of the nuclear deal, was restored after 90 days and 180 days after the agreement was announced.
On November 5, the United States began implementing the second package of sanctions, targeting two vital sectors for Tehran: oil and banks, as well as 700 personalities and entities.
http://economy-news.net/content.php?id=15081
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