Wednesday, 14 November, 2018

United States signals it would consider some exemptions on Iranian oil

Spokesman of the Atomic Energy Organization of Iran, Behrouz Kamalvandi answers the press in the capital Tehran Spokesman of the Atomic Energy Organization of Iran, Behrouz Kamalvandi answers the press in the capital Tehran
Gerardo Duncan | 19 July, 2018, 11:28

In response to a question on the comments made by Iran Deputy Ambassador and Charge d'Affaires Massoud Rezvanian Rahaghi at a seminar that New Delhi would stand to lose "special privileges" if it cut import of Iranian oil following U.S. sanctions, Ministry of External Affairs spokesperson Mr Raveesh Kumar said his remarks were "misquoted" and that the Iranian side had issued a clarification in this regard. It is unclear whether Iran's latest case will be taken up by the judges in The Hague.

Last week, EU lawmakers gave approval for the European Investment Bank (EIB) to do business in Iran in an attempt to save the 2015 nuclear deal.

India side informed Iranian authorities that it has not taken any final decision on "complying" with the United States sanctions and would like to continue engagement with the Americans.

The New York Times released a report on Sunday which revealed that Israeli agents had just six hours and 29 minutes to break into the non-descript nuclear facility in a commercial district of the Iranian capital, Tehran, before the guards arrived in the morning.

The plea had come as European leaders scrambled to save the hard-fought deal signed between Iran and world powers in 2015 under which Tehran agreed to limit its nuclear capacities in exchange for relief from crippling economic sanctions.

It added that the USA is "not in a position to make exceptions to this policy except in very specific circumstances". We will consider situations on a case-by-case basis. "The State Department has the ability to issue waivers around significant reductions in the oil markets".

French Economy Minister Bruno Le Maire had already said the United States would not grant Europe its request. "I'm very confident they understand".

"While we knew U.S. can't be trusted to keep its word-as its allies have now discovered-JCPOA proves that toxic unilateralism of Trump Admin means it can't be relied on to honor any deal", the top Iranian diplomat added.

Pompeo said the goal is to deny Iran resources to support terrorism and continue its aggressive behavior around the world.

It said exemptions would only be made if they benefited U.S. national security.

Later this week, Pompeo will deliver a speech at the Ronald Reagan Presidential Library in California on "Supporting Iranian Voices" and will visit with members of the Iranian-American community in the United States.

"To put things in context, if we were to look at Iran in total, it's exporting roughly 2.2 million barrels a day of sales, of which half is going to both China and India", he said.

The Iranian deputy foreign minister conveyed to the Indian side that his country has been a reliable energy partner for New Delhi and it should remain so, sources said.

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