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U.S. Says No Change in Plans to Halt Iranian Oil Waivers

Updated on
  • Envoy Brian Hook says countries must stop all Iran oil imports
  • U.S. won’t allow further oil purchases beyond May 2 deadline

The U.S. State Department sought to quash speculation that the Trump administration is easing its clampdown on Iranian oil exports after a sanctions waiver program ended May 2, saying there was no softening in the American stance that any country buying Iran’s oil would be subject to penalties.

A U.S. decision not to renew the six-month waivers allowing limited exports is final and future trade will be subject to sanctions, Brian Hook, the U.S. special representative for Iran, said in a statement to Bloomberg News on Thursday. The U.S. had previously granted waivers, known as significant reduction exceptions, to eight governments in November -- China, India, South Korea, Japan, Turkey, Taiwan, Greece and Italy.