Post
Topic
Board Economics
Re: U.S tells China and India to stop buying oil from Iran
by
Miha Kot
on 03/07/2018, 10:27:19 UTC
Washington may slap sanctions on governments that fail to reduce Iranian oil imports to "zero" by early November, a senior State Department official has warned. But some partners seem reluctant to follow the demand. The US administration has been pushing its allies to follow US President Donald Trump's lead after he decided to pull out of the landmark nuclear agreement between Iran and six world powers. A senior State Department official told reporters on Tuesday he had been traveling to Europe and Asia to convince allies to isolate the "stream of Iranian funding."

India and China traditionally used to get a waiver from sanctions and kept trading with Iran even before the 2015 agreement, so speculation is rife as to whether they will manage to find workarounds this time.The State Department acknowledges that cutting off Iranian oil imports completely is a “challenge” that no country “wants to do voluntarily”.

https://www.rt.com/news
The United States is not profitable for someone to buy oil that they want to sell their own as the Treasury needs money Donald trump is not a politician , and a businessman and he understands that it is profitable to sell oil to the East, you can get important allies of Russia.