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U.S. Exempts Japan and 10 Others From Iran Oil Sanctions
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Saying that these countries had significantly cut imports from Iran, the U.S. government gave exemptions from the sanctions on Iran to 10 European countries and Japan. Exemptions were given to Belgium, Britain, Czech Republic, France, Germany, Greece, Italy, the Netherlands, Poland and Spain. This leaves 11 countries facing possible sanctions including China, India and S. Korea, with negotiations underway with these three major importers. The sanctions law passed by the U.S. Congress gives the government room to avoid damage to global oil markets and U.S. allies.
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Linked Articles
U.S. Presses India On Iran Oil Buys
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U.S. Exempts Japan and 10 Others From Iran Oil Sanctions
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