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Ending Iran sanctions waivers turns world against US: Analyst

This picture taken on March 12, 2017, shows an Iranian tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Persian Gulf. (Photo by AFP)

A US decision to end sanctions waivers for Iran oil imports will expose the true face of President Donald Trump’s administration, says an analyst, adding that it will turn the world against Washington.  

“Well, it's no surprise because Trump seems to be doing whatever the Israelis want him to do. Israel is the center of the oligarchies’ new world order. It is aggression from the bankers in the Middle East towards Iran. So I think one thing it does it exposes the United States for what it really is. This is what Trump has done,” Dean Henderson, an author and geopolitical analyst, told Press TV in an interview on Monday.

“Hopefully other countries will see this. Hopefully other countries will … like India … stay the course despite the sanctions and it would just turn more and more the world against the United States and against hopefully this global cabal. As far as how it's going to affect the energy markets, there's no doubt it's going to push all prices up,” he added.

The White House said in a statement on Monday that Trump has decided not to renew waivers that allow eight countries to buy Iranian oil without facing Washington's sanctions.

Trump’s administration left a multi-lateral nuclear agreement with Iran last May. Afterwards, Washington re-imposed the sanctions that had been lifted under the accord.

Last November, the US enforced sanctions targeting the Islamic Republic’s banking and energy sector, however, it granted waivers from the bans to eight major importers of the Iranian oil, fearing market instability including China, India, Japan, South Korea, Taiwan, Turkey, Italy and Greece.

 


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