Trump to end waivers on Iran oil imports: White House

The White House announced on Monday it will no longer grant sanctions exemptions to Iran\'s oil customers.

Update: 2019-04-22 13:05 GMT
US President Donald Trump has decided to end waivers on Iranian oil. (Photo:AP)

Washington: The White House announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers, in a bid to squeeze the Islamic republic's top export.

"President Donald J Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May," the administration said in a statement. "This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue."  

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