United States to Grant Waivers to Some Countries Importing Iran Oil

United States to Grant Waivers to Some Countries Importing Iran Oil

United States to Grant Waivers to Some Countries Importing Iran Oil

In an interview with "Fox News Sunday", Pompeo refused to reveal which countries received waivers from USA sanctions to continue importing Iranian oil.

Pompeo said the president is "trying diligently to get our foolish immigration laws changed", and that "many of the challenges we face today with illegal immigration are because we have a set of rules, a set of laws that don't allow us to fully secure that southern border".

Iran said it was not troubled over the re-imposition of US sanctions, which target not only its vital oil and gas sector but also shipping, ship-building and banking industries.

The restoration of United States sanctions on Monday targeting Iran's oil sales and banking sectors is part of a wider effort by Trump to force Tehran to halt its nuclear and ballistic missile programmes outright, as well as support for proxy forces in conflicts across the Middle East.

It "provided Iran broad relief from the global and US secondary sanctions as the USA administration waived relevant sanctions, revoked relevant executive orders, and corresponding United Nations and European Union sanctions were lifted", the almost 100-page CRS report said.

Mnuchin said today that SWIFT "would be subject to US sanctions if it provides financial messaging services to certain designated Iranian financial institutions" and that the U.S.

After the US' withdrawal from the deal, Trump signed fresh sanctions against Iran and warned countries against any cooperation with Tehran over its controversial nuclear weapons programme. "But, as you know, sanctions are starting on Iran and, Iran is taking a very big hit", he said.

Another problem is that the product used in the SPV to trade with Iran may also violate secondary sanctions, says Leigh Hansson, head of global trade and national security at Reed Smith.

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The Iranian foreign ministry said that it was "unconcerned" by the move.

Former US-Iran deal negotiator and sanctions official Richard Nephew expressed similar concerns.

"The challenge between the United States and Iran has lasted for 40 years so far and the U.S. has made various efforts against us: military, economic and media warfare", he said.

"The reimposition of USA sanctions has begun to harm Iran's economy as major companies exit the Iranian economy rather than risk being penalized by the United States", the report said.

However, ordinary Iranians fear an even more painful squeeze on living costs, from businesses struggling to buy raw materials to the sick and elderly unable to afford life-saving medicines.

Iranian state media claimed millions of people had turned out for rallies in most cities and towns around the country - a figure that has not yet been independently verified.

The US will from Monday target buyers of Iranian oil in order to deprive Tehran of its main source of income. It has also sought a carve out from curbs on ports for Chabahar port in Iran which it has helped develop and uses as gateway to Afghanistan and Central Asia.

Struck between world powers and Tehran after years of fraught negotiations, the deal was aimed at limiting Iran's nuclear capabilities in exchange for sanctions relief.

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