ISRAEL PRAISES TRUMP ON ENDING IRAN OIL SANCTION WAIVERS
Israel on Monday praised President Trump for not
renewing waivers that allowed several foreign countries to buy oil from
Iran without getting sanctioned.
Israeli Prime Minister Benjamin Netanyahu
said Monday that the decision "is of great importance for increasing
pressure on the Iranian terrorist regime," according to The Associated Press.
“We stand with the United States’
determination against Iranian aggression and this is the right way to stop it,”
he added.
The White House announced Trump's decision
earlier Monday.
“President Donald J. Trump has decided not to
reissue Significant Reduction Exceptions (SREs) when they expire in early May.
This decision is intended to bring Iran’s oil exports to zero, denying the
regime its principal source of revenue," White House press secretary
Sarah Huckabee Sanders said in a statement.
The waivers were scheduled for renewal
on May 2.
Secretary of State Mike Pompeo is also
expected to announce the move during a briefing on Monday.
The Trump administration last year reimposed
sanctions on Iranian oil purchases following Trump's move to withdraw the U.S.
from the Iran nuclear agreement.
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