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U.S. Won't Renew Sanction Exemptions For Countries Buying Iran's Oil

Japan, China, India, Turkey and South Korea have been benefiting from temporary waivers since President Trump withdrew the U.S. from the Iran nuclear deal and reimposed sanctions on Iran last year.

President Trump will not renew special waivers that have allowed Japan, China, India, Turkey and South Korea to import oil from Iran without running afoul of renewed U.S. sanctions, the White House announced Monday. The waivers are set to expire in early May.

The oil-importing countries have

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