What happens to Iran sanctions freeze if Trump wants to exit deal

23 Sep 2017   Iran

US President Donald Trump appears to be ready to declare Iran in non-compliance with the 2015 nuclear deal, according to Washington-based sanctions experts, but such a decision alone would not reinstate US sanctions against Iran’s oil sector. Congress or White House could reimpose Iran oil sanctions Analysts debate impact of US-only sanctions on oil market Iranian crude could again shift to Asia, away from Europe Trump said Wednesday he has made up his mind about the US’ future in the deal, known as the Joint Comprehensive Plan of Action, but he did not indicate whether he wants to leave the agreement. Trump faces an October 15 deadline Congress set to certify whether Iran continues to comply with the JCPOA. His administration certified compliance in May and in July. Article continues below… Oilgram News brings you fast-breaking global petroleum and gas news on and including: Industry players, upstream and downstream […]

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