The United States will continue to impose sanctions on whoever purchases Iran�...
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo
“We will continue to put pressure on Iran and as President said there will be no waivers of any kind for Iran’s oil,” said Sigal Mandelker, U.S. Treasury Under Secretary for Terrorism and Financial Intelligence.Iran’s crude oil exports were slashed by more than 80% due to the re-imposed sanctions by the United States after President Donald Trump exited last year Iran’s 2015 nuclear deal with world powers.
In retaliation, Iran has been reducing its commitments under the deal since May, pressuring European countries to the pact to protect Tehran’s interests and its economy.
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