US extends exemptions for Asian powers to Iran oil sanctions

 





WASHINGTON: The United States on Friday extended exemptions from sanctions designed to choke Iran's oil exports to nine major economic powers, including China, Taiwan, India and South Korea.

The Obama administration ruled that the economies concerned had taken steps to reduce imports of Iranian oil, so their financial institutions would not face sanctions under US law designed to punish Tehran's nuclear program.

- AFP/fa




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US extends exemptions for Asian powers to Iran oil sanctions