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11 countries get off the hook again

US Secretary of State John Kerry said today that 11 countries, including Japan, Germany, France, Italy, the Netherlands, Belgium and Spain, got their 3rd 180-day waiver from OFAC’s Iranian sanctions on countries that import Iranian oil.

After a year, you’d think they’d make more progress on finding other oil sources. Oil sales undermine the financial sanctions on Iran by giving it hard currency for it to further its nuclear program.

Read the story here on Reuters.

Categories: Iranian Sanctions Sanctions News


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