By Nick Baum
FRIDAY – 5/3/19
The United States will begin sanctioning five countries today after their US issued waivers to trade oil with Iran expired. South Korea, Japan, Taiwan, Greece, and Italy are the nations whose waivers expired on May 2, and now the Trump Administration is planning to sanction them due to their now unwelcomed imports of Iranian oil.
The decision to sanction these countries is part of a plan by the Trump Administration to reduce Iran’s sales of oil as close to zero as possible. This is in an effort to drive out the current President Hassan Rouhani and his administration, both of which are publicly against America, in addition to being the target of numerous sanctions on the basis of developing nuclear weapons and human rights violations.
In response to the commencement of sanctions, Iranian Foreign Minister Jahad Zarif said, “We believe that Iran will continue to sell its oil, we will continue to find buyers for our oil and we will continue to use the Strait of Hormuz as a safe transit passage for the sale of our oil.”
Sources and Pictures: CNN, Twitter, Futurity, Iranprimer