US Undermines its Own Exports through Iran Sanctions Relief
- Category: Special Report
- Tuesday, 29 July 2014 21:02
By Iran News Update Staff
In June, the United States softened legal restrictions on the export of its own crude oil, which were put into place in the 1970s during the Arab oil embargo. In July, the US released 2.8 billion additional dollars to Iran as an incentive to continue nuclear negotiations, thus continuing a policy of sanctions relief that began late last year when Iran first came to the negotiating table.