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Trump administration announces all countries importing Iranian oil will be subject to US sanctions

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Washington (CNN)The Trump administration announced Monday that all countries that continue to import Iranian oil will be subject to US sanctions.

In a statement, the White House said President Donald Trump "has decided not to reissue" waivers regarding sanctions against countries importing Iranian oil when the waivers expire "in early May."

"This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," the statement from White House press secretary Sarah Sanders read.
The development was first reported by The Washington Post.

Speaking Monday at a press conference, Secretary of State Mike Pompeo said "the goal remains simple: to deprive the outlaw regime of the funds it had used to destabilize the Middle East for four decades and incentivize Iran to behave like a normal country."
Noting that oil is "the regime's No. 1 source of cash," Pompeo said that prior to the implementation of US sanctions, Iran was generating "as much as $50 billion annually," from oil exports, but that the department estimates the sanctions have "denied the regime well north of $10 million."

Pompeo also said Saudi Arabia and the United Arab Emirates have agreed to "ensure an appropriate supply (of oil) for the markets" in order to make up for the loss of Iranian oil in the global market.

"I can confirm that each of those suppliers are working directly with Iran's former customers to make the transition away from Iranian crude less disruptive," he said.
The announcement comes nearly one year after Trump announced the US was withdrawing from the Iran nuclear deal.
Israeli Prime Minister Benjamin Netanyahu, who has been the most vocal proponent of Trump's actions against Iran, praised the move Monday.

"The decision of President Trump and the American administration is of great importance to increase the pressure on the terror regime of Iran," Netanyahu said in a statement. "We stand by the determination of the United States against the Iranian aggression and this is the right way to stop it."

This story is breaking and will be updated.
https://edition.cnn.com/2019/04/22/...ration-iranian-oil-sanction-waiver/index.html
 
Trump ka maa di.. What can he do anyway. If all the people who import Iranian Oil are sanctioned from him that won't make a difference, as many more people are buying Iranian Oil, and many more people are siding with Iran. There will be a day when Trump Administration will be penniless from when no-one buys Saudi and Emirati Oil. It Is inevitable that Trump Administration shall crumble, he has done as much as he wants, but he does not realise how many countries have started to stand up against him.
 
The Iranians have left the west no choice... When I emailed their foreign ministry to heed Trump's demands when he backed out of the nuclear deal, they responded a few weeks later with page-12 headlines about not giving up their militant foreign policy.

And now we see attrition in fuller and fuller effect.

I don't know if this is gonna lead to regime change, but it could well be, and I am not gonna oppose that anymore.
 
Trump ka maa di.. What can he do anyway. If all the people who import Iranian Oil are sanctioned from him that won't make a difference, as many more people are buying Iranian Oil, and many more people are siding with Iran. There will be a day when Trump Administration will be penniless from when no-one buys Saudi and Emirati Oil. It Is inevitable that Trump Administration shall crumble, he has done as much as he wants, but he does not realise how many countries have started to stand up against him.
Bro,

Trump administration means business. The only American administration in a while which subjected mighty China to a massive trade war in order to extract trade-related concessions for American business entities (a new deal is expected soon), and to revisit terms of NAFTA by arm-twisting both Mexico and Canada (i.e. USMCA).

This is a true superpower talking.

Iran is in big trouble now.
 
Bro,

Trump administration means business. The only American administration in a while which subjected mighty China to a massive trade war in order to extract trade-related concessions (deal is expected soon), and to revisiting NAFTA by bending both Mexico and Canada (AMCA deal).

This is a true superpower talking.

Iran is in big trouble now.
oof. Does Pakistan take Iranian oil?
 
Washington (CNN)The Trump administration announced Monday that all countries that continue to import Iranian oil will be subject to US sanctions.

In a statement, the White House said President Donald Trump "has decided not to reissue" waivers regarding sanctions against countries importing Iranian oil when the waivers expire "in early May."

"This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," the statement from White House press secretary Sarah Sanders read.
The development was first reported by The Washington Post.

Speaking Monday at a press conference, Secretary of State Mike Pompeo said "the goal remains simple: to deprive the outlaw regime of the funds it had used to destabilize the Middle East for four decades and incentivize Iran to behave like a normal country."
Noting that oil is "the regime's No. 1 source of cash," Pompeo said that prior to the implementation of US sanctions, Iran was generating "as much as $50 billion annually," from oil exports, but that the department estimates the sanctions have "denied the regime well north of $10 million."

Pompeo also said Saudi Arabia and the United Arab Emirates have agreed to "ensure an appropriate supply (of oil) for the markets" in order to make up for the loss of Iranian oil in the global market.

"I can confirm that each of those suppliers are working directly with Iran's former customers to make the transition away from Iranian crude less disruptive," he said.
The announcement comes nearly one year after Trump announced the US was withdrawing from the Iran nuclear deal.
Israeli Prime Minister Benjamin Netanyahu, who has been the most vocal proponent of Trump's actions against Iran, praised the move Monday.

"The decision of President Trump and the American administration is of great importance to increase the pressure on the terror regime of Iran," Netanyahu said in a statement. "We stand by the determination of the United States against the Iranian aggression and this is the right way to stop it."

This story is breaking and will be updated.
https://edition.cnn.com/2019/04/22/...ration-iranian-oil-sanction-waiver/index.html
Where will modi get oil for his rafaels now ;)

We also would need to strengthen our border as if these sanctions get implemented more Iranian oil will be there to be smuggled to Pakistan.
 
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