BREAKING NEWS

BREAKING NEWS

Trump says oil supply elsewhere sufficient to allow cut in Iran purchases

Now Reading :

Trump says oil supply elsewhere sufficient to allow cut in Iran purchases

Trump says oil supply elsewhere sufficient to allow cut in Iran purchases
@ Copyright :
Raheb Homavandi(Reuters)
Text size Aa Aa

WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday 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.

(Reporting by Humeyra Pamuk, Lesley Wroughton, Arshad Mohammed, Editing by Rosalba O'Brien)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.