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Publish date: Tuesday 23 April 2019
view count : 97
create date : Tuesday, April 23, 2019 | 8:14 AM
publish date : Tuesday, April 23, 2019 | 8:14 AM
update date : Tuesday, April 23, 2019 | 8:14 AM

Iran denounces 'illegal' US sanctions as oil waivers end

  • Iran denounces 'illegal' US sanctions as oil waivers end
sanction

As Iran regards the US sanctions on the country as illegal, it basically gives no credit to exemptions from these sanctions, Iran’s Foreign Ministry spokesman Abbas Mousavi said on Monday.

The US on Monday told five countries - Japan, South Korea, Turkey, China and India - that they will no longer be exempt from US sanctions if they continue to import oil from Iran after their waivers end on May 2.

Mousavi made the remarks a few hours after White House issued a statement saying US will not extend exemptions granted to some buyers of Iranian oil.

Mousavi however noted that the negative impacts of these sanctions are likely to exacerbate as the exemptions has not been exempted and therefore Iran’s Ministry of Foreign Affairs is in constant contact with related internal bodies and is also busy negotiating with foreign allies, either the European and international ones and the neighbors in this regard.

He said that the results of these contacts and negotiations will be conveyed to high decision making bodies of the Iranian system to adopt and announce the due decision in regard to the new developments.

Despite the global concerns about the probable turbulences in the oil market, the US Secretary of State Mike Pompeo, in a press conference earlier today, took another unilateral hostile step against the Islamic Republic of Iran announcing the exemptions granted to some buyers of Iranian oil will not be extended any more.

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