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BY: Paul Crookston
Secretary of State Mike Pompeo announced Monday the United States will no longer grant any exemptions for countries to buy oil from Iran, strengthening sanctions that have already weakened the regime's position in its most critical market.
Exemptions - Pompeo - Board - Sanctions - Monitor
"We'll no longer grant any exemptions," Pompeo said. "We are going to zero across the board. We'll continue to enforce sanctions and monitor compliance and any nation or entity interacting with Iran should do its diligence and err on the side of caution; the risks are simply not going to be worth the benefits."
"How long we'll remain there at zero depends solely on the Islamic Republic of Iran's senior leaders," he added.
Pompeo - Pressure - Campaign - Trump - Administration
Pompeo celebrated the pressure campaign waged by the Trump administration against the Iranian regime since President Donald Trump withdrew from the Iran Nuclear Deal. Noting that the regime's top source of cash is oil, Pompeo said sanctions have "denied the regime well north of $10 billion."
"The goal remains simple: to deprive the outlaw regime of the funds it has used to destabilize the Middle East for four decades and incentivize Iran to behave like a normal country," he said.
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