U.S. faces deadline to sanction China over Iran
By Jamie Crawford
The United States faces a deadline Thursday of deciding whether to issue an exemption to Chinese banks and financial instituions, and other purchasers of Iranian oil, or move to cut them off from the U.S. financial system as punishment for not reducing their purchases of Iranian crude by significant amounts.
Under legislation signed by President Barack Obama on December, the United States will take action against countries that continue buying large volumes of Iranian oil through Iran's Central Bank by cutting off financial institutions engaged in those transactions from the U.S. banking system.
The legislation was signed with the goal of strangling the biggest source of revenue for the Iranian government as a way to get Tehran to halt work on segments of its nuclear program that many Western countries fear is being used to produce a bomb. Iran contends its nuclear program is purely for peaceful purposes.
To date, the United States has issued exemptions to 17 countries and Taiwan for reducing their purchases of Iranian oil and diversifying their supply to other countries. On Sunday, the European Union, one of Iran's biggest trading partners, will go ahead with a complete embargo on all purchases of Iranian crude.
Current estimates show a drop to between 1.2 million and 1.8 million barrels a day of Iranian oil since the sanctions were put into effect. Many U.S. officials say the sanctions have already had a devastating effect on the economy and were a main driver in persuading Iran to return to talks with the five members of the U.N. Security Council and Germany, the so-called P5+1, to reach a settlement to Iran's nuclear program.
"Iran is estimated to have lost approximately $10 billion in oil revenue, the Iranian currency has plummeted, and oil output has fallen to a 20-year low - and that is all before the U.S. and EU sanctions go into effect," Sen. Robert Menendez, D-New Jersey, said earlier this month in a statement. He is one of the authors of the legislation Obama signed.
India, Japan and Turkey, major purchasers of Iranian oil, have already been granted exemptions from U.S. sanctions because of their significant reduction in Iranian oil purchases. Another major importer, South Korea, announced earlier this week that it would completely halt its purchase.
But China, one of the largest purchasers of Iranian oil products, has been conspicuously missing from any U.S. exemptions from sanctions that by law must be made by Thursday. But even if China is not judged as compliant, it will still be some time before any sanctions take effect, according to an administration official. The official would speak only on the condition of anonymity because of the sensitivity of the issue.
Some analysts who follow the sanctions program closely think China will ultimately get an exemption.
Mark Dubowitz, with the Foundation for the Defense of Democracies in Washington, says China's imports of Iranian oil were down 20% to 25% from January to May this year from the previous year. "Technically on the basis of the law, the administration would be justified in granting an exemption," based on their reductions earlier this year, Dubowitz said.
While many analysts have attributed that drop to a contract pricing dispute between China and Iran, there are other reasons the U.S. might want to grant a waiver to China as well.
"I also think [the United States] is going to want to maintain P5+1 unity, and would not want to get into a major diplomatic spat with Beijing by sanctioning Chinese banks," Dubowitz said.
"We have had discussions with China; we continue discussions with China," on their purchases of Iranian oil, a senior administration officials told reporters in a conference call earlier this month after the latest round of sanctions waivers were announced. "It's been a very important partner in the P5+1 process. It's been committed to working with us to help Iran from acquiring a nuclear weapon."
The P5+1 talks seemingly stalled after the last session earlier this month in Moscow when a lack of progress on the issues prevented a follow-up round of political talks to be scheduled. While a meeting between the parties at the technical level is scheduled for next week in Istanbul, some analysts question whether Iran is even a genuine party to the talks despite the bite of sanctions.
"I think the administration is hoping that in the aftermath of the full implementation of the central bank sanctions and the impending implementation of the EU embargo on Iranian crude imports that that the Iranians will feel a greater imperative to give a little bit. I'm not persuaded that's the case," Suzanne Maloney, a senior fellow at the Saban Center for Middle East Policy at the Brookings Institution, told CNN.
For Maloney, Iran's insistence in negotiations that it would like to be rewarded for granting concessions over its nuclear program might serve as a predicate to how future talks and sanctions against the Islamic Republic are approached.
"Ultimately whether the Iranian logic offends us or not, I think that is very much the way they perceive their own security interests and if we want them to move, we have to be able to think more creatively about what it is the international community can do to give them incentives to do that."
With a review for those countries granted waivers under U.S. sanctions mandated every 180 days, analysts such as Dubowitz say the administration should call on countries to reduce their purchases by 30% to 40% before the next review. Current exemptions have been granted for reductions of 11% to 22%.
Congress is also considering additional legislation seeking to add provisions to current sanctions that would eliminate any possible loopholes Iran may use to run around the current set. One proposal on Capitol Hill would call for Iran's central bank to be labeled a proliferation concern and bar every financial transaction with the bank with the exception of humanitarian goods, thereby setting up a de-facto trade embargo of the country.
Another proposal would label Iran's entire energy sector a proliferating concern and thereby close existing loopholes that Iran uses to circumvent current sanctions by setting up alternative payment mechanisms for oil trade.
Regardless of what action may come, the current set of sanctions are dependent on the supplies in world oil markets to stay as loose as possible so U.S. and EU actions are not rolled back because of national security concerns.
"The most important thing is Saudi Arabia," Dubowitz said. "If the Saudis maintain their productions levels - that really is the key swing factor."
@natlsecuritycnn on Twitter
You're so cool! I do not suppose I've truly read anything like that before. So nice to find somebody with a few genuine thoughts on this topic. Really.. many thanks for starting this up. This site is something that's needed on the web, someone with a bit of originality!
http://www.bshare.cn/share?url=https://johnnyu14z3.aboutyoublog.com/4675390/top-rv-body-shop-secrets
https://beauu62m2.blogsvirals.com/4056530/getting-my-rv-batteries-orange-county-california-to-work
I blog frequently and I truly appreciate your content. Your article has really peaked my interest. I will book mark your site and keep checking for new details about once a week. I opted in for your RSS feed too.
http://whois.hostsir.com/?domain=postfallswebsites.com
http://dmca.com/Protection/Status.aspx?ID=edc817fd-d796-4c84-abb8-d1cb5b2e3719&refurl=https://luftfahrwerk-flügeltüren.de/gaestebuch.html?start=400
http://texasbedandbreakfast-com.securec55.ezhostingserver.com/hit.cfm?InnID=1&website=http://ocrv.club/rv-repair-shop-van-nuys-california
I'd like to thank you for the efforts you've put in writing this site. I'm hoping to see the same high-grade blog posts by you later on as well. In truth, your creative writing abilities has inspired me to get my own website now 😉
https://za.zalo.me/v3/verifyv2/pc?token=OcNsmjfpL0XY2F3BtHzNRs4A-hhQ5q5sPXtbk3O&continue=gunnerrtxme.humor-blog.com/3138339/a-review-of-rv-service-centers-near-me
This is a topic that is near to my heart... Many thanks! Where are your contact details though?
http://www.danubiushotels.com/inc/u/?https://ocrvcenter.net/rv-battery-repair-near-me
Have you ever considered publishing an ebook
or guest authoring on other sites? I have a blog centered on the same ideas you discuss and would really like to have you
share some stories/information. I know my readers would enjoy your work.
If you're even remotely interested, feel free to
send me an e mail.
http://galter.northwestern.edu/exit?url=http://raisingcolorado.com/2014/07/listen-to-your-mother-denver-now-with-video.html/comment-page-37
http://dmca.com/Protection/Status.aspx?ID=edc817fd-d796-4c84-abb8-d1cb5b2e3719&refurl=https://game-mun.com/forum/index.php?topic=8586.msg114516
http://www.am-one.co.jp/english/en-jump.html?url=https://ocrvcenter.co/rv-flooring-repair-near-me
http://redirect.vebeet.com/index.php?url=http://ocrvmotorcoaches.com/rv-repair-shop-lynwood-california
Good post. I learn something totally new and challenging on sites I stumbleupon everyday. It will always be interesting to read through content from other writers and use something from their web sites.
http://www.trasportopersone.it/redirect.aspx?url=http://sprinterrepairnearme.com
Having read this I believed it was rather informative.
I appreciate you finding the time and effort to put this content together.
I once again find myself spending a significant amount of time both reading and leaving comments.
But so what, it was still worthwhile!
Excellent blog you have got here.. Itís hard to find high-quality writing like yours nowadays. I seriously appreciate people like you! Take care!!
https://www.irisohyama.co.jp/publicity/view.php?query=http://ocrvcenter.mobi/rv-repair-shop-artesia-california
Very great post. I simply stumbled upon your
weblog and wanted to say that I have really loved browsing your blog posts.
In any case I will be subscribing on your feed and I
am hoping you write again very soon!
Oh my goodness! Amazing article dude! Many thanks, However I am encountering problems with your RSS. I donít know the reason why I cannot join it. Is there anyone else getting the same RSS issues? Anyone that knows the solution will you kindly respond? Thanks!!
http://envirodesic.com/healthyschools/commpost/hstransition.asp?urlrefer=ocrvmotorsports.info/
Nice post. I learn something totally new and challenging on websites I
stumbleupon everyday. It's always helpful to read content from other authors and practice
something from other web sites.
http://e-pood24.orientpointexpress.com/__media__/js/netsoltrademark.php?d=fleetautorepairshop.com/
http://www.marymax.com/__media__/js/netsoltrademark.php?d=wholesalenearme.com/
https://www.readwhere.com/user/logout?ru=https://ocrvcenter.net/rv-repair-shop-universal-city-california
Greetings! Very useful advice in this particular article! It is the little changes that make the most significant changes. Thanks a lot for sharing!
http://highlandcraftgallery.com/__media__/js/netsoltrademark.php?d=www.sprinterrepairnearme.com
I'll immediately seize your rss feed as I can not in finding your email subscription link or e-newsletter service.
Do you've any? Kindly allow me recognize so that I could subscribe.
Thanks.
http://partner.pccomponentes.com/servlet/effi.redir?id_compteur=13365084&url=ocrv.pro
http://www.diversitybusiness.com/SpecialFunctions/NewSiteReferences.asp?NwSiteURL=http://sprintervanrepairshop.com
This is a really good tip especially to those new to the blogosphere. Short but very precise infoÖ Thank you for sharing this one. A must read post!
http://dhlshippingsystem.com/__media__/js/netsoltrademark.php?d=www.boosterpackforlife.com/
You need to take part in a contest for one of the highest quality blogs on the internet. I will highly recommend this website!
http://momoantena.com/redirect?url=https://wholesalenearme.com/
https://email.ratemyagent.com.au/Email/RedirectToURL?url=http://ocrvcenter.biz/rv-repair-shop-coachella-california
Aw, this was a really nice post. Spending some time and actual effort to generate a superb articleÖ but what can I sayÖ I procrastinate a lot and never manage to get nearly anything done.
http://gpmetrobus.com/__media__/js/netsoltrademark.php?d=sprintervanrepairnearme.com
http://www.etis.ford.com/externalURL.do?url=http://ocrvcenter.com
The very next time I read a blog, I hope that it won't disappoint me just as much as this one. I mean, I know it was my choice to read, nonetheless I truly believed you'd have something useful to talk about. All I hear is a bunch of crying about something you could possibly fix if you weren't too busy looking for attention.
http://2ch-ranking.net/redirect.php?url=http://www.sprinterrepairnearme.com
Your style is unique compared to other people I have read stuff from. Many thanks for posting when you have the opportunity, Guess I will just bookmark this blog.
http://thelancet.org/__media__/js/netsoltrademark.php?d=www.fleetservicerepairshop.com/
http://target-usa.net/__media__/js/netsoltrademark.php?d=www.bestservicenearme.com
https://trends.gab.com/visit?url=http://ocrvexperts.com/rv-repair-shop-reseda-california
Best view i have ever seen !
https://images.google.co.ma/url?q=https://j-website.net
https://glowing.com/external/link?next_url=http://ocrvparts.com/
http://mmorpgcore.com/__media__/js/netsoltrademark.php?d=sprinterrepairnearme.com
Thanks for sharing your thoughts about china. Regards
A fascinating discussion is worth comment. I believe that you ought to write more about this subject matter, it might not be a taboo matter but typically people do not speak about such topics. To the next! All the best!!
http://www.wedecouv.com/__media__/js/netsoltrademark.php?d=www.ocrvfleetservices.com
Excellent post. I'm facing some of these issues as well..
http://www.thesoulgirl.com/__media__/js/netsoltrademark.php?d=bestservicenearme.com/
Very good post. I will be going through some of these issues as well..
http://www.nap.halfmoon.jp/ps_nappy1/ps_search.cgi?act=jump&access=1&url=https://ocrv.club/rv-repair-shop-compton-california
http://www.iacconline.org/Redirect.aspx?destination=https://ocrv.biz
I want to to thank you for this wonderful read!! I definitely loved every little bit of it. I have got you book marked to check out new things you postÖ
http://findit.timesleader.com/__media__/js/netsoltrademark.php?d=youtube.com/watch?v=XrTt4c8kx20/
Iím impressed, I have to admit. Rarely do I come across a blog thatís both equally educative and amusing, and let me tell you, you have hit the nail on the head. The problem is an issue that not enough folks are speaking intelligently about. Now i'm very happy that I stumbled across this during my search for something regarding this.
http://kreepost.com/go/?https://www.youtube.com/watch?v=jv8_YNJJsIA
Excellent post! We will be linking to this particularly great post on our website. Keep up the great writing.
http://www2.golflink.com.au/out.aspx?frm=logo&target=https://www.youtube.com/watch?v=ti_svrTA76s
Good post. I learn something totally new and challenging on sites I stumbleupon everyday. It will always be exciting to read articles from other writers and practice a little something from their websites.
https://www.google.cf/url?q=https://youtube.com/watch?v=j0zgwv3wyzM/
http://mx1.hotrank.com.tw/redir/mf-www/home-textD?url=http://postfallsmarketing.com/
http://www.enduranceproducts.net/__media__/js/netsoltrademark.php?d=callfeeder.com/
http://2020eyedocs.com/__media__/js/netsoltrademark.php?d=www.fleettruckrepairshop.com/
It's an remarkable post designed for all the internet visitors;
they will take advantage from it I am sure.
I love it when folks get together and share views. Great website, stick with it!
http://www.easyasinternet.com/Redirect.aspx?destination=https://juicycalls.com
http://www.searchingredirect.com/__media__/js/netsoltrademark.php?d=affordableranking.com
http://champagne-roederer.us/__media__/js/netsoltrademark.php?d=www.fleetrepairshops.com
Good day! I could have sworn Iíve been to this blog before but after going through a few of the posts I realized itís new to me. Anyways, Iím definitely delighted I came across it and Iíll be bookmarking it and checking back frequently!
https://affiliation.webmediarm.com/clic.php?idc=3361&idv=4229&type=5&cand=241523&url=https://postfallsfitness.com/
Good post. I learn something totally new and challenging on websites I stumbleupon everyday. It's always interesting to read through content from other authors and practice a little something from their web sites.
http://www.sgraff.net/__media__/js/netsoltrademark.php?d=makemoneymommas.com
https://reddit.app.link/?channel=mweb_branch&feature=xpromo&campaign=xpromo&$og_redirect=https://paxtonf60s1.blogdal.com/5585408/detailed-notes-on-digital-marketing-agencies
Greetings! Very useful advice within this post! It's the little changes that make the most important changes. Thanks for sharing!
https://www.dltk-teach.com/p.asp?p=http://diplingpaedmediatorreiter.eu/index.php?option=com_phocaguestbook&view=phocaguestbook&id=1&Itemid=4&limitstart=65540
Very good information. Lucky me I discovered your site by chance (stumbleupon). I have book-marked it for later!
http://gar86.tmweb.ru/bitrix/rk.php?goto=https://q8mazad.com/vb/showthread.php?p=2139612
I used to be able to find good information from your articles.
https://rspcb.safety.fhwa.dot.gov/pageRedirect.aspx?RedirectedURL=https://fernandor03w1.blogstival.com/24088412/5-tips-about-seo-marketing-firm-you-can-use-today
Spot on with this write-up, I absolutely believe that this web site needs a great deal more attention. I’ll probably be returning to read more, thanks for the advice!
http://howard.edu/asp/linkcounter/resourcesondemand.asp?url=http://beta.lekhafoods.com/speciality/starters/rolls-and-balls/chicken-and-caesar-wrap.aspx
https://www.navi-mxm.dojin.com/cgi-bin/ys/rank.cgi?mode=link&id=3385&url=https://www.stclairbowl.com/dscn7423/
http://dmca.com/Protection/Status.aspx?ID=edc817fd-d796-4c84-abb8-d1cb5b2e3719&refurl=https://homebusinessgal.myparisblog.com/2464983/the-ultimate-guide-to-rv-repair-shop
http://sherlock.scribblelive.com/r?u=precontechs.com/the-argument-about-science-pictures/
https://rspcb.safety.fhwa.dot.gov/pageRedirect.aspx?RedirectedURL=https://sethx85v5.blogdal.com/5623275/the-best-side-of-repair-shop
http://s5.histats.com/stats/r.php?1484558&100&34851&urlr=&jaredo30g9.blog-gold.com/5585917/helping-the-others-realize-the-advantages-of-rv-roof-repair
/
I’m impressed, I must say. Seldom do I come across a blog that’s equally educative and entertaining, and without a doubt, you've hit the nail on the head. The problem is something not enough folks are speaking intelligently about. Now i'm very happy that I stumbled across this during my hunt for something relating to this.
/
I really like looking through a post that will make people think. Also, thanks for permitting me to comment!
https://rspcb.safety.fhwa.dot.gov/pageRedirect.aspx?RedirectedURL=https://shaney48q1.uzblog.net/top-guidelines-of-mechanic-spare-parts-15147223
Your style is very unique in comparison to other folks I've read stuff from. I appreciate you for posting when you have the opportunity, Guess I'll just book mark this site.
https://2035.university/bitrix/redirect.php?goto=http://guenterreiter.eu/index.php?option=com_phocaguestbook&view=phocaguestbook&id=1&Itemid=4&limitstart=64380
Nice post. I learn something new and challenging on sites I stumbleupon everyday. It will always be helpful to read through content from other writers and practice a little something from their sites.
http://kasugai.genki365.net/gnkk06/common/redirect.php?url=https://commercialvanrepairshop.com/frame-repair-shop-near-me
Great information. Lucky me I came across your website by chance (stumbleupon). I've saved it for later!
http://www.cattleusa.com/sitebannerclicks.php?bannerID=72&page=homePageTop&URL=http://ocrv.fun
https://www.commissionsoup.com/opts.aspx?t=P6MCR2&u=https://www.sprintervanrepairshop.com/chevrolet-high-top-van-repair-shop-near-me/
http://www.galter.northwestern.edu/exit?url=http://www.fleetvehiclerepairshop.com/sprinter-van-collision-repair-shop-near-me
This site was... how do I say it? Relevant!! Finally I've found something which helped me. Appreciate it!
https://mysteryscience.com/click/press-article?url=http://fleetservicesocrv.com/sprinter-van-repair-shop-near-me
https://tstz.com/link.php?url=https://postfallswebsites.com/
I’m impressed, I have to admit. Seldom do I come across a blog that’s both equally educative and engaging, and let me tell you, you have hit the nail on the head. The issue is something not enough people are speaking intelligently about. I'm very happy that I found this in my hunt for something regarding this.
https://www.c-sharpcorner.com/AdRedirector.aspx?BannerId=744&target=https://ocrv.biz
http://old2.mtp.pl/out/fleetautorepairshop.com/executive-van-repair-shop-near-me
http://vladinfo.ru/away.php?url=http://www.rvmarketingexperts.com/
I really like it whenever people get together and share opinions. Great website, keep it up!
https://www.cs.odu.edu/~mln/teaching/cs851-s15/?method=display&redirect=https://fleetautorepairshop.com/conversion-van-repair-shop-near-me/
Way cool! Some extremely valid points! I appreciate you penning this write-up and the rest of the website is really good.
https://www.vogel.com.cn/adlog.php?url=https://ocrv.life
You're so cool! I don't suppose I've truly read through a single thing like this before. So wonderful to find someone with genuine thoughts on this topic. Seriously.. thanks for starting this up. This site is one thing that's needed on the web, someone with some originality!
https://www.elephone.hk/static/redirect?url=https://boxtruckrepairshop.com/contact/
There's certainly a great deal to learn about this topic. I really like all of the points you've made.
http://mortgageboss.ca/link.aspx?cl=960&l=11524&c=17235431&cc=13729&url=https://juicycalls.com
http://link.harikonotora.net/?url=https://fleetservicesorangecounty.com/van-body-shop-near-me
This web site certainly has all of the information and facts I needed about this subject and didnít know who to ask.
https://reddit.app.link/?channel=mweb_branch&feature=xpromo&campaign=xpromo&$og_redirect=https://internetmarketingmontana.com
Hello! I could have sworn I’ve visited this blog before but after browsing through some of the posts I realized it’s new to me. Anyways, I’m certainly happy I found it and I’ll be book-marking it and checking back often!
http://vkrugudruzei.ru/x/outlink?url=https://fleetservicesocrv.com/gmc-high-top-van-repair-shop-near-me
An intriguing discussion is worth comment. I believe that you need to write more on this topic, it may not be a taboo subject but typically folks don't discuss these subjects. To the next! Best wishes!!
http://yellowpages.lcsun-news.com/__media__/js/netsoltrademark.php?d=fleetservicerepairshop.com/box-truck-mechanic-shop-near-me
After I initially left a comment I seem to have clicked on the -Notify me when new comments are added- checkbox and now whenever a comment is added I get four emails with the exact same comment. Perhaps there is a way you are able to remove me from that service? Thank you!
http://www.irwebcast.com/cgi-local/report/redirect.cgi?url=https://fleetautorepairshop.com/luxury-van-shop-near-me
https://www.scratchapixel.com/code.php?id=8&origin=https://www.fleetvehiclerepairshop.com/semi-truck-alignment-shop-near-me/&src=0
https://www.smartsupp.com/affiliate/click?id=1124&url=https://fleetservicesocrv.com/box-truck-conversion-shop-near-me/
http://ea.delawarecpf.com/__media__/js/netsoltrademark.php?d=kelseyobsession.net/
https://cdn.embedded.com/common/jumplink.php?target=https://www.sprintervanrepairnearme.com/
Hello, I believe your website may be having internet browser compatibility issues.
Whenever I take a look at your blog in Safari, it looks fine however, when opening in I.E., it has some overlapping issues.
I just wanted to give you a quick heads up! Other than that,
wonderful site!
I truly love your site.. Excellent colors & theme. Did you make this amazing site yourself? Please reply back as I’m hoping to create my own site and would like to find out where you got this from or just what the theme is named. Thanks!
https://cutwin.com/VIiaxA9O
Great article! We are linking to this great content on our website. Keep up the good writing.
http://server.tongbu.com/tbcloud/gmzb/gmzb.aspx?appleid=699470139&from=tui_jump&source=4001&url=https://postfallsfitness.com
Having read this I thought it was extremely informative. I appreciate you finding the time and effort to put this article together. I once again find myself spending a significant amount of time both reading and commenting. But so what, it was still worthwhile!
http://audio-iwasaki.com/ys4/rank.cgi?mode=link&id=1551&url=https://www.jeffcodev.org/jcdc-thanks-cedarhurst-and-ssm-officials-for-board-service/
https://intranet.secure.griffith.edu.au/s/redirect?rank=10&collection=on-campus-search&url=http://stsol.com.mx/03-2/
That is a great tip especially to those fresh to the blogosphere. Simple but very accurate info… Appreciate your sharing this one. A must read article!
http://www.iacconline.org/Redirect.aspx?destination=https://cdaseo.com
http://www.e-tsuyama.com/cgi-bin/jump.cgi?jumpto=http://cdaseo.com
I’m amazed, I have to admit. Rarely do I come across a blog that’s both equally educative and amusing, and without a doubt, you've hit the nail on the head. The problem is something not enough men and women are speaking intelligently about. I am very happy that I found this during my search for something regarding this.
http://jump.fan-site.biz/rank.cgi?mode=link&id=342&url=https://www.radiobanadir.com/the-definitive-guide-to-marketing-your-business-on-instagram/comment-page-31/