Trump admin to make Iran oil waivers harder to get
The Trump administration will hold countries to a higher standard if they want a waiver from the coming sanctions on importing Iranian oil.
Treasury Secretary Steven Mnuchin told Reuters Sunday that in order to avoid sanctions, countries will have to reduce their Iranian oil imports by more than the 20 percent that the Obama administration had dictated during the 2013 to 2015 sanctions.
“I would expect that if we do give waivers it will be significantly larger reductions,” Mnuchin told Reuters in Jerusalem at the start of a Middle East trip, the news outlet reported.
Mnuchin also dismissed concerns that oil prices could spike if international markets are deprived of Iranian production.
https://thehill.com/policy/energy-environment/412588-trump-admin-to-make-iran-oil-waivers-harder-to-get
We'll buy it from the Sawedis instead.
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