America is considering granting exemptions from oil sanctions on Iran[/rtl]
[rtl]Editorial date: 2018/10/6 8:17 • 142 times read[/rtl]
The administration of President Donald Trump is considering granting exemptions from sanctions to be imposed next month for countries that cut imports of Iranian oil, a US government official said.
The US administration pulled out of an agreement on Iran's nuclear program in May and will unilaterally impose sanctions on Iran's crude oil consumers on November 4.
Iran insists it has adhered to its nuclear deal signed in 2015 with five major powers plus the United States.
The official, speaking on condition of anonymity, said the administration was "in the midst of an internal process" to consider granting exemptions for large cuts.
It was the first time a US official said the administration was considering granting exemptions.
Foreign Minister Mike Pompeo said in India last month the administration would consider granting exemptions and some Iranian oil buyers would take "some time" to stop their dealings with Iran.
US National Security Adviser John Bolton said on Thursday that the administration's aim was not to grant exemptions and "the decline of Iranian oil, gas and condensate exports to zero."
He added that the administration will not necessarily achieve that, "stressing that the Department" is ready to work with countries that reduce imports on a case-by-case basis. "