Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

US presses Iran's oil customers to cut imports to zero by November 4: State Department

Natural Gas | Natural Gas (North American) | Oil | Crude Oil

Permian drillers brace for slowdown on challenging demand outlook


Platts Market Data – Oil

NGL | Oil | Crude Oil | LPG | Oil Risk | Petrochemicals

Platts University New York

Energy | Coal | Electric Power | LNG | Natural Gas | Oil | Refined Products

Factbox: Trump, Democrats offer clear choice on US presidential energy platforms

US presses Iran's oil customers to cut imports to zero by November 4: State Department

Washington — The US is pressing Iran's oil customers to zero out their imports byNovember 4 and has no plans to issue sanctions waivers, a strategy thatcould spark an oil price spike as global supply tightens.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

"We will certainly be requesting that their oil imports go to zero,without question," a senior State Department official said Tuesday duringa background briefing with reporters.

US diplomats have visited Japan and Europe to explain the sanctionsroll-out. The official said he would be visiting China and India soon.

The US will also work with its "Middle Eastern partners" in a week or soto "ensure that the global supply of oil is not adversely affected by thesesanctions," the State Department official said.

"We view this as one of our top national security priorities," theofficial said. "I would be hesitant to say zero waivers ever. But I thinkthe predisposition would be, no, we're not granting waivers."

Some analysts predicted when US President Donald Trump exited the Irannuclear deal in May that his administration would take a hard line onsanctions implementation and not offer any waivers to allow allies to continueimporting some Iranian oil.

The Obama administration, in contrast, granted sanctions waivers tocountries in 2012-2015 as long as they demonstrated significant reductionsevery six months. The US generally sought a target reduction of 20% at thetime. --Meghan Gordon,

--Edited by Valarie Jackson,