According to sources who spoke to The Daily Wire from both inside and outside the administration, the Trump administration will not implement any policy that allows countries to import Iranian oil — thus apparently closing the door on a proposal being circulated among State Department hands that would have allowed China to use an obscure legal loophole to avoid U.S. sanctions on Iranian oil imports.
Last Wednesday, Eliana Johnson of Politico reported a very interesting scoop: “The State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran,” which would “violat[e] the Trump administration’s pledge to bring Iranian oil exports to zero.” Specifically, Johnson cited “three U.S. officials” who claimed that the U.S. is considering “granting China a waiver to a 2012 law [the Iran Freedom and Counterproliferation Act] intended to kneecap the Iranian oil industry.” The proposal would have effectively allowed China to avoid paying directly for Iranian oil while nonetheless still acquiring it.
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