Washington will grant no more waivers for Iranian oil after the reimposition of US sanctions, the special representative for Iran said on Saturday, underlining America’s push to choke off Tehran’s sources of income.
“Iran is now increasingly feeling the economic isolation that our sanctions are imposing...We do want to deny the regime revenues,” Brian Hook said.
“Eighty percent of Iran’s revenues come from oil exports and this is (the) number one state sponsor of terrorism..We want to deny this regime the money it needs,” he said.
Tensions between Iran and the United States have increased since May, when US President Donald Trump abandoned a 2015 nuclear deal between Tehran and major powers, saying the accord was flawed in Tehran’s favor, and reintroduced sanctions on Iran that had been lifted under the pact.
Washington granted waivers to eight major buyers of Iranian oil - including China, India, Japan and South Korea - after restoring energy sanctions in November.
