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Trump to end waivers on Iran oil imports: White House

AFP
Published : Apr 22, 2019, 6:35 pm IST
Updated : Apr 22, 2019, 6:35 pm IST

The White House announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers.

US President Donald Trump has decided to end waivers on Iranian oil. (Photo:AP)
 US President Donald Trump has decided to end waivers on Iranian oil. (Photo:AP)

Washington: The White House announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers, in a bid to squeeze the Islamic republic's top export.

"President Donald J Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May," the administration said in a statement. "This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue."  

Tags: white house, donald trump, iranian oil, loan waivers
Location: United States, District of Columbia, Washington
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