Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

US says committed to pause efforts to reduce Iran’s crude oil sales

November 22, 2014, 5:35 UTC+3 WASHINGTON
1 pages in this article

WASHINGTON, November 22. /TASS/. The United States has committed to pause efforts to further reduce Iran’s crude oil sales, the White House has said in a statement. 

The move comes amid the development of the situation at the Iranian nuclear talks in Vienna and also the situation on the oil markets. According to White House Press Secretary Josh Earnest, the US has increased oil production while the prices hit a record low over the past four years.

“While market conditions suggest that there is sufficient supply to permit additional reductions in purchases or Iranian oil, the United States has committed to pause efforts to further reduce Iran’s crude oil sales during the period of the Joint Plan of Action between the P5+1 and Iran,” the statement said.

“In return for this and other limited relief measures, Iran has taken steps that have halted - and in key respects rolled back - progress on its nuclear program. The International Atomic Energy Agency has verified that Iran is meeting these commitments,” it reads.

Washington’s sanctions cut off the US financial system from any entity that facilitates the purchase of Iran’s oil through Tehran’s Central Bank. The US granted several exceptions to major importers of Iran’s oil for the period of 180 days.

Show more
In other media
Реклама
Реклама