|Page (1) of 1 - 04/08/16||email article||print page|
At first glance, Iran appears to have exported more oil than allowed under a nuclear agreement with major powers, but rather than complaining, U.S. officials argue Tehran is skating just inside the deal's ambiguous limits. Iran's higher exports reflect its exploitation of a loophole in U.S. law that allows its customers to buy condensates, a very light oil, without fear of U.S. sanctions. The major powers and Iran resume talks in Vienna on Monday aimed at reaching a comprehensive deal by July 20 for Iran to curtail its nuclear program in exchange for the easing of economic sanctions that have crippled its economy.
|Why Higher Iran Oil Exports Are Not Roiling Nuclear Deal|
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