Abide by US ban on Iranian oil or face sanctions: No more exemptions for importers

The following video is brought to you courtesy of the RT YouTube Channel. Click the video below to watch it now.

The White House announced on Monday that the United States will end Iran sanction waivers. Countries that continue to buy Iranian crude after the May 2 deadline will risk facing US sanctions.

According to a statement from the Office of the Press Secretary, President Donald Trump ‘has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May’. The decision ‘is intended to bring Iran’s oil exports to zero’.

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