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U.S. Exempts Japan, 10 EU Nations From Iran Oil Sanctions

Bloomberg -- The Obama administration is sending a message to major buyers of Iranian oil -- in particular China, India and South Korea -- that they can avoid new U.S. sanctions by curtailing their imports of Iranian crude by the end of June, several U.S. officials said.

Secretary of State Hillary Clinton announced yesterday that an “initial group” of countries -- Japan and 10 European Union nations -- have “significantly reduced” their Iranian oil purchases and thus qualified for an exemption from sanctions for a renewable period of 180 days under the law.

The U.S. didn’t grant waivers to China (CCCIIQIR), the leading importer of Iranian crude in the first half of last year, or to India and South Korea, which were the third- and fourth-largest buyers, according to the U.S. Department of Energy.


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Submitted Mar 21, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: U.S. Exempts Japan, 10 EU Nations From Iran Oil Sanctions Back to Topics
REPLIES (newest first) Post a Reply
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PizzaMon
Champion Author Philadelphia

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Message Posted: Mar 21, 2012 5:05:16 PM

Maybe sanctions were not the way to go at all.
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OU8121959
Champion Author Grand Rapids

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Message Posted: Mar 21, 2012 5:05:12 PM

cool
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njerald
Champion Author Seattle

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Message Posted: Mar 21, 2012 5:03:59 PM

Another clueless Marxist B O regime decision
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Mr.Dirt
Champion Author Albany

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Message Posted: Mar 21, 2012 5:03:37 PM

does china care i do not think so
what are we going to do not buy from china we will all be going around nude
most all goods come for china we make nothing and have no place to make anything
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2granny
Champion Author Michigan

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Message Posted: Mar 21, 2012 5:00:55 PM

Politics at work.
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RichFWA
Champion Author Tacoma

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Message Posted: Mar 21, 2012 5:00:45 PM

So that means Iran will just sell oil to those countries huh?
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TANGOTANGO
Champion Author Toronto

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Message Posted: Mar 21, 2012 4:59:35 PM

No one should be exempted!
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k2kipp
Champion Author Minnesota

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Message Posted: Mar 21, 2012 4:51:08 PM

Just games...
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ItisAJeepThing
Champion Author Tucson

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Message Posted: Mar 21, 2012 4:49:18 PM

We have to do whatever we have to do to deny Iran's development of nuclear weapons.

We need to develop, non-ethanol, alternative fuels like abundant U.S. natural gas as Compressed Natural Gas (CNG). America, Canada and Mexico could make North America an energy independent area. Let OPEC and our enemies in Iran and Venezuela sell their oil elsewhere.
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kelly1016
Champion Author Victoria

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Message Posted: Mar 21, 2012 4:48:08 PM

I am glad Japan is exempt. they have enough challenges to deal with.

[Edited by: kelly1016 at 3/21/2012 4:48:58 PM EST]
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TNT2EC
Champion Author Wisconsin

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Message Posted: Mar 21, 2012 4:47:55 PM

Ok
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dieselfiendSC
Champion Author South Carolina

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Message Posted: Mar 21, 2012 4:46:48 PM

Unbelievable!
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LV_Mike1
Veteran Author Las Vegas

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Message Posted: Mar 21, 2012 4:46:19 PM

uuuuuuuu yeah.....don't do anything like that. We might piss off Iran...and what the hell does THAT mean? Are we supposed to be afraid of Iran? Who ARE you people? And another thing....what the hell does Pres. Obama and the unions have to do with this topic? Jesus!

[Edited by: LV_Mike1 at 3/21/2012 4:50:23 PM EST]
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humblepie
Champion Author Toledo

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Message Posted: Mar 21, 2012 4:44:58 PM

just like obamacare and the unions
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armey
Champion Author Oregon

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Message Posted: Mar 21, 2012 4:42:27 PM

We mite asking for trouble from iran if they do that!
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Rabbit_007
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Message Posted: Mar 21, 2012 4:42:13 PM

Fine
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BigLM
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Message Posted: Mar 21, 2012 4:41:47 PM

No wonder everyone votes against the US in the United Nations!
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Kato51
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Message Posted: Mar 21, 2012 4:40:23 PM

Is November here yet? Please hurry.
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rpr77
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Message Posted: Mar 21, 2012 4:39:52 PM

Ok
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traumer
Champion Author Twin Cities

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Message Posted: Mar 21, 2012 4:39:16 PM

The world is in a mess and something is going to blow someday.
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Gassed01
Champion Author Toronto

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Message Posted: Mar 21, 2012 4:34:27 PM

Iran will find buyers.
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spedygonzales
All-Star Author Toronto

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Message Posted: Mar 21, 2012 4:33:35 PM

ok
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tamiuron
Champion Author Laredo

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Message Posted: Mar 21, 2012 4:33:32 PM

why are we giving money to China?
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myambro
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Message Posted: Mar 21, 2012 4:33:20 PM

That's today's announcement. Tomorrow they will announce that they did not announce today's announcemet.
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h2ojumper
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Message Posted: Mar 21, 2012 4:31:54 PM

ok
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smoketown
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Message Posted: Mar 21, 2012 4:31:43 PM

Say what..........
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Taurus1
Champion Author Ohio

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Message Posted: Mar 21, 2012 4:30:47 PM

Not fair.
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RAE344
Champion Author Virginia Beach

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Message Posted: Mar 21, 2012 4:28:44 PM

What a flip flopper.
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camel1
Champion Author Minnesota

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Message Posted: Mar 21, 2012 4:28:22 PM

WE do not need to be tough on those trying to work with us.
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unicornpmb
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Message Posted: Mar 21, 2012 4:26:16 PM

We are such a nice country.
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snell snail
Champion Author Atlanta

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Message Posted: Mar 21, 2012 4:22:57 PM

...if article is written correctly...sounds reasonable.......
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wackochick
Sophomore Author Detroit

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Message Posted: Mar 21, 2012 4:21:38 PM

Whose scared of a president that bows to others and just bends over when they are unfair with their trade policies? Apparently no one.
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gils
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Message Posted: Mar 21, 2012 4:21:25 PM

ok.
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bevmill
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Message Posted: Mar 21, 2012 4:20:19 PM

okay
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Suzzoom
Champion Author Nevada

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Message Posted: Mar 21, 2012 4:18:54 PM

The US can't make every country do what it wants.
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oldosc8
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Message Posted: Mar 21, 2012 4:16:05 PM

This makes sense.
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ChuckGVT
Champion Author Vermont

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Message Posted: Mar 21, 2012 4:15:53 PM

He has to exempt China because they own him.
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BigBob12345
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Message Posted: Mar 21, 2012 4:14:08 PM

Odumba is a bully!!!!!
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hubhunts
Veteran Author Alabama

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Message Posted: Mar 21, 2012 4:11:29 PM

Actually Yesterday oil prices dropped over 2 bucks a barrel and no differance.
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LSU_TIGERS_dmb
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Message Posted: Mar 21, 2012 4:10:47 PM

Like anyone scared of this president. We need a new president they will be scared of so hurry up november
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BobbyVA
Champion Author Virginia Beach

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Message Posted: Mar 21, 2012 4:10:28 PM

More exemptions by the Obama Administration, almost seems like the exemptions issue to Dem states for the Obama Care health bill. What a loser we have for President! Most corrupt administration since the Nixon years.
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orcar
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Message Posted: Mar 21, 2012 4:08:40 PM

ok
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DeHavilland
Champion Author Toronto

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Message Posted: Mar 21, 2012 4:08:36 PM

Political games. Either you stand united or you don't stand for anything.

[Edited by: DeHavilland at 3/21/2012 4:09:27 PM EST]
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monieet
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Message Posted: Mar 21, 2012 4:04:05 PM

OK!
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HawaiianGuy
Champion Author Idaho

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Message Posted: Mar 21, 2012 4:01:51 PM

Our so-called "friends" need to stand in solidarity with the rest of the free world in forcing Iran's hand.
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oahugasit
All-Star Author Hawaii

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Message Posted: Mar 21, 2012 3:59:23 PM

uh?
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Mar 21, 2012 3:53:42 PM

Good that we're doing something.
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Cableman66
Champion Author North Carolina

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Message Posted: Mar 21, 2012 3:51:26 PM

Sanctions work good if the stick backing them up is big enough. We sure import lots of stuff from China, India and South Korea. Maybe we should sell them oil instead.
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itzagasgasgas1
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Message Posted: Mar 21, 2012 3:51:16 PM

Crude oil is dirty love.
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mfeldstein
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Message Posted: Mar 21, 2012 3:49:04 PM

The U.S. is so warm hearted.
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leemun
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Message Posted: Mar 21, 2012 3:48:35 PM

Our government chooses the winners and the losers.
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skybiker
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Message Posted: Mar 21, 2012 3:47:55 PM

Sunshine allies....
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