US IRAN SANCTIONS TAKE EFFECT, 8 COUNTRIES GET TEMPORARY OIL WAIVERS

Rferl on 5th November reported that a statement from the US Treasury said the sanctions targeted more than 200 individuals and companies in Iran’s shipping and energy sectors – including the Atomic Energy Organization of Iran and its 23 subsidiaries and associated individuals, as well as 50 Iranian banks and their subsidiaries.  However, temporary oil waivers had been granted to China, India, South Korea, Turkey, Italy, Greece, Japan, and Taiwan.

https://www.rferl.org/a/iran-sanctions-washington-trump-afghanistan-iraq-waivers/29582837.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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