DUBAI (Reuters) - Dubai's national oil company may have to stop importing condensate from Iran unless Washington grants it an exemption or temporary exception from this week's tightening of U.S. sanctions, diplomatic and industry sources said. U.S. State Department officials said that financial transactions that facilitate the import of Iranian condensate are liable to a new round of measures effective June 28 that aim to cut Iran's oil revenues and force Tehran to drop its disputed nuclear program. ...
Source: http://news.yahoo.com/u-sanctions-may-stop-uae-importing-iranian-condensates-112621620.html
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