10/31/2018

IRAN/OIL/SANCTIONS/TRUMP AS PRESIDENT/TRUMP MEMORANDA: “U.S. President Donald Trump said on Wednesday [10-31-18] in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products from nations other than Iran to permit a reduction in purchases from that country. The memorandum, addressing the secretaries of State, Treasury and Energy, comes days ahead of the administration’s renewed sanctions on Iranian oil exports, planned to come into effect on Nov. 5.”

-Humeyra Pamuk, Lesley Wroughton, Arshad Mohammed, “Trump says oil supply elsewhere sufficient to allow cut in Iran purchases,” Reuters, October 31, 2018 3:21 pm