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Sanctions Tankers and Gas Risk and Compliance

Iranian energy exports keep flowing as Trump threatens secondary sanctions

  • ‘Any country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,’ Trump said on social media
  • Iran’s exports remained robust at around 1.6m bpd in April, according to preliminary figures from UANI
  • LPG exports stood at about 478,000 bpd (1.2m metric tonnes), according to Lloyd’s List analysis
  • Fourth round of negotiations over a new nuclear deal scheduled for Saturday has been reportedly postponed

  • Analysis

The US has piled on designations on Iran amid the Trump administration’s ‘maximum pressure 2.0’, but these has thus far failed to dent Tehran’s exports. On Thursday, Trump threatened to ‘immediately’ impose secondary sanctions on anyone buying Iranian oil or petrochemicals

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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