US rules out further waivers on Iran oil imports


US rules out further waivers on Iran oil imports

The United States will grant no more waivers for Iranian oil after the reimposition of US sanctions, the US special representative for Iran said on Saturday, underlining Washington’s push to choke off Tehran’s sources of income.

“Iran is now increasingly feeling the economic isolation that our sanctions are imposing…We do want to deny the regime revenues,” Brian Hook told a news conference in the United Arab Emirates capital Abu Dhabi.

“Eighty percent of Iran’s revenues come from oil exports and this is (the) number one state sponsor of terrorism…We want to deny this regime the money it needs,” Hook said. Read more

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