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Saudi Arabia won't hike oil output after US cancels Iran waivers
"[KSA energy minister Khalid al-Falih] said the kingdom's May output has already been set without varying much from recent months and production for June will be decided next month."
Turkey slams US for ending waivers on Iranian oil imports
"#Turkey rejects unilateral sanctions and impositions on how to conduct relations with neighbors."
China complains to U.S. over end to Iran oil sanction waivers
"China is resolutely opposed to the United States enforcing unilateral sanctions or 'long armed jurisdiction', Geng Shuang, a ministry spokesman, told a daily news briefing."
Europe Doubles Down on Iran Support as Trump Targets Oil Exports
"We regret yesterday's announcement by the U.S. not to renew oil waivers," European Commission spokeswoman Maja Kocijancic told reporters in Brussels. ...Work on the INSTEX mechanism to facilitate financial transactions for European companies trading with Iran is "progressing positively with a view to a near completion," the French ministry said.

Iran should continue work on its mirror mechanism, the ministry said. Exchanges between the two sides are underway to ensure that both structures "operate in a manner consistent with international financial standards," it said.

US ends waiver but India may continue to buy Iran oil
"Government officials, who asked not to be named, said Indian companies are unlikely to completely halt imports from Iran. ...The waiver from sanctions for Iran's Chabahar port, which is being developed by India for trading with Afghanistan and Central Asia, will remain in place."

Diversity is the key to economic and political evolution.
by Cat on Wed Apr 24th, 2019 at 10:47:00 PM EST
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