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Tightening the screws: World forced to follow U.S. sanctions on Iran


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Sanctions for most, waivers for the lucky few. The United States imposing or rather reimposing its Iran embargo rules on the rest of the world, because most trade – and in particular oil – involves U.S. dollar transactions, Donald Trump’s decision to walk away from the 2015 nuclear agreement forces foreign companies to follow suite. We review the list of eight nations still allowed to import Iranian crude which do not include Washington’s EU allies.

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