Wednesday 1 May 2019

#Qatar says tightening #Iran sanctions harms oil consuming nations - Reuters

Qatar says tightening Iran sanctions harms oil consuming nations - Reuters:

The foreign minister of U.S.-allied Qatar said on Wednesday that Washington’s decision not to extend sanction waivers on Iranian oil exports would harm countries that rely on the supplies.

The United States has demanded that buyers of Iranian oil stop purchases by May 1 or face the prospect of sanctions, ending six months of waivers that had allowed Iran’s eight biggest customers, most of them in Asia, to import limited volumes.

“The sanctions should not be extended because they have an adverse impact on countries benefiting from Iranian oil,” Sheikh Mohammed bin Abdulrahman al-Thani told a press conference in Doha.

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