Secretary Pompeo Defends Sanction Waivers for Iranian Oil Purchases
(Bloomberg) — Secretary of State Michael Pompeo defended the temporary waivers granted to eight countries to continue buying Iranian crude oil for now against Congressional critics and others who say the U.S. is being too lenient on the Islamic Republic.
The comments on “Fox News Sunday” come a day before U.S. sanctions on Iran’s energy and shipping are due to snap back following President Donald Trump’s decision to withdraw from the 2015 multilateral nuclear agreement.
“The president’s policy of maximum pressure will be fully in place come tomorrow,” Pompeo said during the interview. “Watch the Iranians. That’s who really understand the importance and the impact of the effort that we’re undertaking.”
Pompeo said the U.S. moves have “had an enormous impact already.” Iranian crude oil exports have already been reduced by over 1 million barrels a day and will continue to fall, he added.
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Pompeo wouldn’t say if India and China are receiving waivers, or if they’d delivere..