Wednesday, 23 January 2019, 04:19:35 am
No further US waivers on Iran oil sanctions: official
January 12, 2019

The United States has said it will not grant any more waivers to Iranian oil buyers after the reimposition of sanctions against the country.

US Special Representative for Iran Brian Hook told a news conference in Abu Dhabi that the reason for the earlier waivers was to prevent a spike in oil prices.

Washington had given waivers to eight traditional Iranian oil buyers including China, India, Japan and South Korea after re-imposing sanctions on Iranian oil in November last.