Trump to end waivers on Iran oil imports: W. House

Trump to end waivers on Iran oil imports: W. House
White House says 2nd Trump-Kim summit to happen “near the end of February”Photo taken on Jan. 18, 2019 shows the White House in Washington D.C., the United States. The White House said Friday that the second summit between U.S. President Donald Trump and Kim Jong Un, top leader of the Democratic People’s Republic of Korea (DPRK), “will take place near the end of February. Image Credit: IANS
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The White House announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers, in a bid to squeeze the Islamic republic's top export. "President Donald J Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May," the administration said in a statement.

"This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue."

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