US ending sanctions waivers on Iran oil imports not to serve regional peace: Turkish FM

# 19:00
22 April 2019

Turkish Foreign Minister Mevlut Cavusoglu has said that the U.S. sanctions will not serve regional peace and stability, ONA reports.

"The U.S. decision to end sanctions waivers on Iran oil imports will not serve regional peace and stability, yet will harm Iranian people. Turkey rejects unilateral sanctions and impositions on how to conduct relations with neighbors," Cavusoglu tweeted. 

The White House declared the decision not to reissue the waivers on Iranian oil after they expire in May. Washington additionally stressed that the decision "is intended to bring Iran's oil exports to zero", ruining its vital source of revenue.

The Secretary of State Pompeo said that US will give no grace period after the end to Iran oil waivers on May 1.

"The current waivers expire on midnight May 1. There are SRE waivers that extend beyond that period, full stop," Pompeo told reporters.