Mnuchin: Sanctions Volition Sharply Confine Iranian Crude Sales

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Title : Mnuchin: Sanctions Volition Sharply Confine Iranian Crude Sales
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Mnuchin: Sanctions Volition Sharply Confine Iranian Crude Sales


Treasury Secretary Steven Mnuchin says licenses Boeing has to sell billions of dollars inward commercial jetliners to Islamic Republic of Iran volition hold upwards revoked nether the activeness President Donald Trump has taken to withdraw from the Islamic Republic of Iran nuclear deal.

Mnuchin briefed reporters afterwards Trump’s proclamation before Tuesday. Mnuchin says the existing sales licenses held yesteryear Chicago-based Boeing Co. as well as its European competitor, Netherlands-based Airbus Group, would hold upwards invalidated yesteryear Trump’s decision.

He says the sanctions volition too sharply curtail sales of stone oil yesteryear Iran, which is currently the world’s fifth-largest stone oil producer.

(via AP)


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