| USA TODAY | - |
While
the Obama administration has reduced some sanctions against Iran as
part of an interim nuclear deal, it is maintaining restrictions on
purchases of oil from Tehran.
While
the Obama administration has reduced some sanctions against Iran as
part of an interim nuclear deal, it is maintaining restrictions on
purchases of oil from Tehran.
"There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," said a Friday statement by President Obama.
The U.S. and allies are working on a long-term agreement in which Iran would agree to forgo the means for making a nuclear weapon in exchange for further reductions of sanctions.
From the Associated Press:
"Secretary of State John Kerry said the determination was evidence that the U.S. will continue to enforce its oil sanctions during the next six months as it works to reach a comprehensive agreement that would prove the Iranian nuclear program is being used for peaceful purposes.
"Tehran would get relief from some other economic sanctions under terms of the deal."
"There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," said a Friday statement by President Obama.
The U.S. and allies are working on a long-term agreement in which Iran would agree to forgo the means for making a nuclear weapon in exchange for further reductions of sanctions.
From the Associated Press:
"Secretary of State John Kerry said the determination was evidence that the U.S. will continue to enforce its oil sanctions during the next six months as it works to reach a comprehensive agreement that would prove the Iranian nuclear program is being used for peaceful purposes.
"Tehran would get relief from some other economic sanctions under terms of the deal."
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