US tells world to halt all Iranian oil imports by November

For years, we watched our President of the United States, Barack Obama, sanction by his inaction the crushing suppression of a people who were yearning to be free. We witnessed our President sanction mass rape, torture, and the public hangings of innocent people by an Islamic regime that our president demanded for eight years that we respect.
But now, President Trump is working to empower the Iranian people who are still marching for their freedom, despite the immense risks involved. The Islamic Republic is severely threatened, and Trump should keep up the pressure. Shame on the cowardly Europeans and others who don’t see the necessity of this, or have economic interests that prevent them from aiding the people of Iran.

“US tells world to halt all Iranian oil imports by November,” by Takashi Tsuji, Nikkei Asian Review, June 26, 2018 (thanks to Mark):

TOKYO — The U.S. is pushing countries around the world to cut all imports of Iranian crude oil by Nov. 4 as part of economic sanctions against the Middle Eastern nation, indicating that no exceptions will be made.

Washington will work with other oil producers to ensure global oil supplies when the oil embargo takes effect, according to a senior State Department official. China, India and Japan are among the main importers of Iranian oil.

Japan has already been asked to stop importing oil produced in Iran, according to the U.S. official. This forces Tokyo to choose between supporting its longtime ally and protecting domestic energy security.

Japan, which possesses few natural resources, has maintained some diplomacy with Tehran as part of efforts to secure stable oil supplies. Iran provides about 5.5% of Japan’s oil imports, making the Middle Eastern country Tokyo’s sixth-biggest supplier. Russia ranks fifth.

Tokyo relies on the Middle East for about 90% of its oil imports, with 40% of its global total coming from Saudi Arabia and 24% from the United Arab Emirates.

Even before the U.S. lifted sanctions on Tehran during President Barack Obama’s administration, Japan imported oil from Iran on a similar scale, building a degree of friendly relations with the Persian Gulf nation.

But President Donald Trump has presented Tokyo with a dilemma. The president in early May signed an executive order reviving sanctions against Iran, which likely will include an oil embargo. The administration cited Iran’s nuclear program, which was thrown into neutral by a 2015 accord between Tehran and other nations including the U.S. Trump withdrew from that agreement last month.

Now Washington wants other nations to fall in line and ratchet up pressure on Tehran. The sanctions require global payments messaging network SWIFT to block Iranian banks from accessing the platform, severely hindering their ability to conduct transactions in dollars.

The European Union, which hopes to maintain the nuclear deal as well as business with Iran, has urged the U.S. to exempt SWIFT. The EU also has indicated it will protect companies that operate in Iran from the American sanctions….

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Source:https://gellerreport.com/2018/07/us-iranian-oil.html/

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