US said to weigh sanctions on Iran’s oil sales to China if nuke talks fail


iran nuclear deal

(Worthy News) – US President ’s administration is weighing fresh targeting Iranian crude sales to if Tehran hinders ongoing talks aimed at reviving the 2015 deal, a report said Monday.

While no decision has been made and other options are on the table, could target the shipping networks through which is currently exporting an estimated one million barrels a day and thus deny the Islamic Republic critical revenue, the Journal reported, citing unnamed US officials and “people familiar with the matter.”

Iran’s oil exports have increased since Biden took office in January, and China is its biggest client, according to US-based oil-shipping tracker TankerTrackers.com Inc. [ Source: Times of Israel (Read More…) ]

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