Trump to cut off all purchases of Iranian oil in escalation of ‘pressure campaign’


(Worthy News) – The Trump administration is requiring all countries to stop buying oil from Iran or face U.S. sanctions, an escalation of a policy that could roil world energy markets.

“Our goal has been to get countries to cease importing Iranian oil entirely,” Secretary of State Mike Pompeo said at a press conference Monday. “We will no longer grant any exemptions. We are going to zero across the board.”

The sanctions are intended to punish nations that buy oil from Iran, after President Trump rejected the nuclear deal with Tehran last May, as a way to push the country to end destabilizing activity in the Middle East. [ Source: Washington Examiner (Read More…) ]

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