The White House has refused to renew waivers for 8 foreign governments that allowed them to buy oil in Iran without getting sanctioned.
PRESS SECRETARY SANDERS: Sanders stated, “President Donald J. Trump has decided not to reissue Significant Reduction Exceptions when they expire in early May…This decision is intended to bring Iran’s oil exports to zero, denying the regime its principal source of revenue.”
SECRETARY OF STATE MIKE POMPEO: “With the announcement today we have made clear our seriousness of purposes. We are going to zero. How long we remain there at zero depends solely on the Islamic Republic of Iran’s senior leaders,” Pompeo stated.
THE WHITE HOUSE: In a statement about an agreement with Saudi Arabia, “The United States, Saudi Arabia, and the United Arab Emirates, three of the world’s great energy producers, along with our friends and allies, are committed to ensuring that global oil markets remain adequately supplied…We have agreed to take timely action to assure that global demand is met as all Iranian oil is removed from the market.”
THE PRESIDENT : The President tweeted this about Saudi Arabia and OPEC.
Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil. Iran is being given VERY BAD advice by @JohnKerry and people who helped him lead the U.S. into the very bad Iran Nuclear Deal. Big violation of Logan Act?
— Donald J. Trump (@realDonaldTrump) April 22, 2019
CONCLUSION: The president is removing sanctions from countries who buy oil from Iran in order for Iran oil to be off the market.
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