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US Sec. of State Pompeo: Exemptions to eight countries will be temporary

The United States’ Secretary of State, Michael Pompeo, recently crossed the wires while delivering the key quotes found below.

  • Expects to issue eight exemptions to countries importing Iran oil.
  • Exemptions to eight countries will be temporary.
  • Aims to keep oil prices stable.
  • Exemptions will target eight ‘jurisdictions’.
  • Sanctions on Iran include many humanitarian exemptions.
  • Exemptions will give jurisdictions additional ‘weeks’ to wind down Iran oil imports.
  • Will announce eight exempted jurisdictions on Monday, EU will not receive a waiver.

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