Trump Administration Officially Cuts Off Iranian Oil Exports

Secretary of State Mike Pompeo speaks at a news conference to announce the Trump administration's plan to designate Iran's Revolutionary Guard a

AP sources: US to sanction nations for importing Iranian oil

They include India, which has warm ties with Washington but disagrees on the USA insistence that Iran is a threat.

"If they're prepared to come to the table and negotiate those things to get to that outcome, fantastic".

Since November, three of the eight countries receiving waivers - Italy, Greece and Taiwan - have stopped importing oil from Iran.

The Iranian foreign ministry said Iran was in "constant talks with its worldwide partners including the Europeans" on the ending of the exemptions.

"Since the sanctions in question are principally illegal, the Islamic Republic of Iran did not and does not attach any value or credibility to the waivers given to the sanctions", the Iranian foreign ministry said in a statement issued on its official website. We will continue to enforce sanctions and monitor compliance.

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The US president also called Saudi Crown Prince Mohammed bin Salman and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, ahead of the decision.

Separately, the commander of the Revolutionary Guards' navy said Iran would close the Strait if Tehran is barred from using it.

Trump a year ago withdrew the United States from a multilateral 2015 accord negotiated by his predecessor, Barack Obama, under which Iran drastically scaled back its nuclear program in return for promises of sanctions relief.

The White House said its recent moves demonstrated the United States' "commitment to disrupting Iran's terror network and changing the regime's malign behavior".

Iraq, which remains unstable, host to some remnants of ISIS, and divided on ethnic and religious lines 16 years after the US invasion, is especially vulnerable because imports of Iranian natural gas and electricity are critical to its economy, she says.

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This could result in oil prices rising significantly, as Iran is one of the biggest OPEC exporters.

Experts say it is unlikely that Iranian exports will ever be reduced completely to zero, with a black market likely to exist.

Oil prices spiked after Sunday reports that the waivers would end and remained higher on Monday. United States crude futures gained 2.4 per cent, or $1.52 a barrel, to $65.52.

Israeli Prime Minister Benjamin Netanyahu hailed the move, and Saudi Arabian Energy Minister Khalid al-Falih said his country and others would ensure that "the global oil market does not go out of balance". But the State Department granted waivers at the time to eight countries, including Japan, India, China and Turkey.

So far in April, Iranian exports were averaging below 1 million barrels per day (bpd), according to Refinitiv Eikon data and two other companies that track exports and declined to be identified.

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Mais au-delà de ces adorables clichés, le métier de garde, dans le cadre de la lutte contre le braconnage, est très dangereux. C'est très curieux de voir comment un gorille peut imiter un être humain et se tenir debout".


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