MOSCOW (MRC) -- Iran said a US decision not to renew sanctions waivers has "no value" but that Tehran was in touch with European partners and neighbors and would “act accordingly”, reported Reuters with reference to Iranian news agencies, citing the Foreign Ministry.
US President Donald Trump has decided not to reissue waivers in May allowing importers to buy Iranian oil without facing US sanctions, the White House said.
"The waivers ... have no value but because of the practical negative effects of the sanctions, the Foreign Ministry has been ... in touch with foreign partners, including European, international and neighbors and will ... act accordingly," the agencies quoted the ministry as saying.
As MRC informed before, in early April 2019, Indian refiners were holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member. In November 2018, US President Donald Trump withdrew from the 2015 Iran nuclear deal and re-imposed broad economic sanctions.
MRC