US Says Import Of Iranian Oil Sanctionable From Nov 4; India May Get Relief


US Says Import Of Iranian Oil Sanctionable From Nov 4; India May Get Relief

US Secretary of State Mike Pompeo said on Tuesday that the import of oil from Iran beginning November 4 will be a sanctionable activity but the US would consider the request for relief from a handful of countries, in an apparent reference to India which is the second largest buyer of Iranian crude.

“Come November 4, there will be a US sanction that prevents crude oil from passing from Iran to other countries. It will be sanctionable activity. We will enforce those sanctions,” Pompeo told Sky News Arabia.

Pompeo was responding to a question that some countries in Europe and in other parts of the world intend to keep on getting oil from Iran even after the sanctions are imposed. Read More

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