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While it will be on Iraq to be the first to comply with the resolution .. Terme ends the exemptions

rocky
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While it will be on Iraq to be the first to comply with the resolution .. Terme ends the exemptions  Empty While it will be on Iraq to be the first to comply with the resolution .. Terme ends the exemptions

Post by rocky on Tue 23 Apr 2019, 3:45 am

[size=32]While it will be on Iraq to be the first to comply with the resolution .. Terme ends the exemptions for the import of oil and Iran respond[/size]
Tuesday, April 23, 2019 at 11:15 am (31 views)
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Baghdad / Sky Press

In a dangerous escalation, Iran has threatened to close the strategic Strait of Hormuz if the United States tries to stifle Tehran's economy by halting its oil exports.

The White House said in a statement that US President Donald Trump had decided not to extend exemptions that allow some Iranian oil importers to continue buying without facing US sanctions when they expire in May.

The Revolutionary Guards' naval commander said Iran would close the Strait of Hormuz (a strategic navigational corridor for transporting oil in the Gulf) if Tehran was prevented from using it.

"According to international law, the Strait of Hormuz is a sea pass and if we stop using it, we will close it," the semi-official Fars news agency quoted General Alireza Tengseiri as saying.

"In case of any threat, there will be no doubt that we will protect and defend Iranian waters," he said.

Meanwhile, a source at the Iranian Oil Ministry said on Monday that Tehran is ready for any US decision to end the exemptions granted to the purchaser of Iranian crude.

"Whether the exemptions continue or not, Iran's oil exports will not reach zero in any case unless the Iranian authorities decide to stop oil exports," Tasnim quoted an unnamed source as saying.

Tasnim attributed to the source as saying: "We monitor and analyze all possible scenarios and conditions for the promotion of our oil exports, and took the necessary measures ... Iran does not wait for the decision of America or not to export its oil."

On Monday, the Iranian Foreign Ministry announced contacts with local institutions and international partners involved in stopping the country's oil purchase exemptions, stressing that it did not "bother" to grant or lift these exemptions.

This came in a statement issued by the Iranian Foreign Ministry spokesman Abbas Mousavi, and was quoted by the official Iranian news agency "Irna".

"Given the negative effects of these sanctions and the possibility of increasing the negative effects due to the non-extension of exemptions, the ministry is in constant contact with all relevant local institutions," Foreign Ministry spokesman Abbas Mousavi said in a statement carried by the official IRNA news agency.

He added that the ministry is conducting intensive consultations with many foreign partners, such as Europeans and neighboring countries, without specifying.

"In view of the illegality of the sanctions imposed on Iran, the Islamic Republic does not pay attention and value, in principle, to the American exemptions given to some countries, because of the sanctions imposed on the country."

According to Moussaoui, "the results of these contacts and internal and external consultations will be reflected in the decision-makers and a quick decision will be adopted and announced in this regard," without giving further details.

For his part, a senior administration official said that any move from Iran to close the strategic Strait of Hormuz in response to the end of the United States exemptions for the purchase of Iranian oil will not be justified and unacceptable.

US President Donald Trump is confident that Saudi Arabia and the United Arab Emirates will stick to their pledges to make up for the difference in the oil supplies of the eight countries that have been exempted from US sanctions, the official told a small group of reporters, asking not to be named.

The United States did not see the need to study the use of the Strategic Petroleum Reserve after the end of the exemptions.

He noted that US officials are now discussing ways to prevent Iran from circumventing existing oil sanctions.




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