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As US starts oil sanctions against Iran, major buyers get waivers

Updated : November 05, 2018 04:40:01 IST

Washington has restored measures lifted under a 2015 nuclear deal negotiated with Tehran by the administration of President Barack Obama.
President Donald Trump's administration added 300 new designations including Iran's oil, shipping, insurance and banking sectors, aiming to cripple Iran's main export revenues from the petroleum industry.
As US starts oil sanctions against Iran, major buyers get waivers
Published : November 05, 2018 04:40 PM IST

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