The Trump administration which actually
insisted that the world must stop buying Iranian oil, meaning countries like
China, India and Turkey by November 4 is said to soften its earlier stiff
demand, according to a top State Department official, reports local media and
the official said the United States would allow reduced oil flows in certain
are prepared to work with countries that are reducing their imports on a
case-by-case basis,” said Brian Hook, the department’s director of policy and
The announcement implies that oil
markets and allies are likely not to be hit by sanctions even if Iranian oil
continues to flow around the world..
India, South Korea and Turkey — all
allies or friends of the United States — are major importers of oil from Iran
and are unlikely to be able to switch suppliers entirely by November.