U.S. prepares to end Iran oil waivers; Asian buyers to be hardest hit

Monday, April 22, 2019 | Tag Cloud Tags: , , , , , , , ,

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(Worthy News) - The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far.

The source confirmed a report by the Washington Post that the administration will terminate the sanctions waivers it granted to some importers of Iranian oil late last year.

U.S. President Donald Trump wants to end the waivers to exert “maximum economic pressure” on Iran by cutting off its oil exports and reducing its main revenue source to zero. [ Source: Reuters (Read More...) ]

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8 thoughts on “U.S. prepares to end Iran oil waivers; Asian buyers to be hardest hit”

  1. The worldwide Deep State is attempting to circumvent the embargo and thus support Iran ...... over the U.S. The Lord God is dividing the sheep from the goats. Those in the world who are FOR Him vs those in the world who are against Him. And He is still sitting on His throne. Woe to the world when he stands up.

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