As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by FOXNEWS.COM:
The Trump administration on Monday targeted Iran’s energy sector by announcing the U.S. would no longer exempt any countries from sanctions for importing Iranian oil.
“This decision is intended to bring Iran’s oil exports to zero, denying the regime its principal source of revenue,” the White House said in a statement.
The article goes on to state the following:
The decision means sanctions waivers for five nations, including China and India and U.S. treaty allies Japan, South Korea and Turkey, won’t be renewed when they expire on May 2.
Secretary of State Mike Pompeo, in formally announcing the move, described it as part of the “pressure campaign” to choke off funding to the regime and incentivize Iran to act like a “normal country.”
Maximum pressure on the Iranian regime means maximum pressure. That’s why the U.S. will not issue any exceptions to Iranian oil importers. The global oil market remains well-supplied. We’re confident it will remain stable as jurisdictions transition away from Iranian crude.
— Secretary Pompeo (@SecPompeo) April 22, 2019
WATCH Pompeo’s remarks Monday morning in the video below:
President Trump said in a Twitter post Monday morning, “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?”
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
To get more information about this article, please visit FOXNEWS.COM. To weigh in, leave a comment below.
The post BREAKING: Trump administration announces new Iran crackdown targeting oil revenue [VIDEO] appeared first on DML News.
This content is courtesy of, and owned and copyrighted by, https://dmlnews.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact the USSANews.com administrator by using the contact form located in the top-left menu. Your request will be immediately honored. Please visit https://dmlnews.com for more terrific, conservative content. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.