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

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Oil Shoots Over $4 as Israel Expands Strikes Against Iran and Lebanon

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Oil Jumps Over 3% After US-Iran Exchange Attacks

Current News

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Oil Hits Four-Month Low After US-Iran Doha Talks

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

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