US Actively Considering Waivers on Iran Oil Sanctions

Friday, October 5, 2018

The United States is "in the midst of an internal process" of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.

The Trump administration, which withdrew from a deal over Tehran's nuclear program in May, is reimposing sanctions on Iran's crude oil consumers on Nov. 4. The government official, who spoke on the condition of anonymity, called the exceptions SRE waivers, also known as significant reduction exemptions.


(Reporting by Timothy Gardner Editing by Marguerita Choy)

Categories: Tankers Oil Energy Middle East Government Update

Related Stories

Borr Drilling Expects Higher Activity as Rigs Return to Work

China Calls for De-Escalation as US Threatens Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

Thai Tanker Transits Hormuz after Iran Talks

US to Deploy Amphibious Assault Ship, Marines to Middle East

Current News

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com