Mike Pompeo eludes India and China on Iranian oil and US sanctions



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US Secretary of State Mike Pompeo called the measure "the most severe sanctions ever imposed" against Iran.

Washington, USA:

The United States Reimposes Punitive Measures on the Iranian Oil and Financial Sector in What US Secretary of State Mike Pompeo has called "the most severe penalties never inflicted "against Iran.

These measures, which come into effect on Monday, are the most tangible result of US President Donald Trump's controversial decision last May to abandon the multinational nuclear deal with Tehran.

They will directly affect third country companies doing business with Iran. They could disrupt global oil markets, although the US has granted temporary waivers to eight jurisdictions to continue importing Iranian oil.

Iran's Supreme Leader, Ayatollah Ali Khamenei, denounced the measures on Saturday, saying that Trump had "dishonored" US prestige and would be the ultimate loser in the long quarrel between the two countries .

The American part did not move.

"The US sanctions will be reimposed at midnight tonight," Pompeo told CBS in "Face the Nation." He said that what he called "the terrorist regime" in Tehran must change course.

Oil markets on the alert

World oil markets were on the alert, sharply focused to badess the consequences of sanctions.

"All eyes will be on Iranian exports, sanctions imposed by the United States and the speed with which production will decline," said Riccardo Fabiani, an badyst for Energy Aspects.

Oil is Iran's main source of income income. But the sword has two swords: Iran is also the third largest producer of the OPEC cartel.

The position of the United States has already inflicted serious suffering on Iranians. The country's currency, the rial, has lost more than two-thirds of its value since May. .

Iranian oil exports fell by about one million barrels a day during this period, although India and China continued to buy it. Most Europeans, as well as Japan and South Korea, stopped.

To the question of whether the United States had taken firm commitment from India and China to stop all their oil purchases to Iran from. Six months ago, Pompeo replied, "Watch what we are doing, we have already withdrawn more crude oil than ever before."

Saudi Arabia is the only country able to compensate for the loss of Iranian oil production.

"A total disregard"

Few hours before the imposition of new sanctions, thousands of people in Iran celebrated the anniversary of the taking of hostages at the US Embbady in 1979 carrying placards mocking Trump, as well as flames of American flags and fake dollars.

Trump has long argued that the 2015 nuclear agreement was seriously flawed, in part because its provisions would expire in 10 to 15 years and in part because it did not adequately restrict the destabilizing behavior of Iran in the region.

His decision was widely criticized abroad and by Democrats. at home, who said that the pact, while imperfect, had placed the Iranian nuclear program under the strictest control of all times

Parallel to the imposition of sanctions on crude oil, the US Treasury Department has placed more than 600 Iranian personalities and entities. on a blacklist.

And Pompeo said that all Iranian banks involved in "sanctioned behavior will be punished by the Treasury Department, end point".

The European Union has put in place a mechanism allowing its multinational companies to maintain a presence in Iran, but all indications are that US sanctions will be dissuasive. Airbus and Total have both announced their intention to leave Iran.

The two European automakers Daimler and PSA were forced to leave Iran following a first round of sanctions announced on [7août1965]. To continue exporting crude oil, Iranian oil tankers ceased their activities. last weeks. their transponders to avoid detection. But the satellites continued to follow them.

(With the exception of the title, this story has not been altered by NDTV staff and is published from a syndicated thread.)

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