The US State Department has revealed the list of 12 countries which may be subjected to American financial sanctions for failing to cut oil imports from Iran.
The number of countries was mentioned earlier on Tuesday, as Washington announced a penalty waiver for Japan and 10 EU counties which complied with American demands and reduced their purchases. However, the names of the countries were not given.
Four of the countries on America's anger list are among top 100 buyers of Iranian crude. They are China, India, South Korea and South Africa, with the first two being the two largest buyers. - Read more...
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