This post was originally published on this site
© Reuters. File photo of an Iranian national flag during the opening ceremony of the 16th International Oil, Gas & Petrochemical Exhibition (IOGPE) in Tehran© Reuters. File photo of an Iranian national flag during the opening ceremony of the 16th International Oil, Gas & Petrochemical Exhibition (IOGPE) in Tehran

WASHINGTON (Reuters) – The United States on Thursday will announce that it will extend wide sanctions relief for Iran called for under the 2015 nuclear deal, sources familiar with the matter said, but no decision on whether to preserve the deal itself has yet been made.

The United States will renew a waiver of the key, and most punitive, sanctions that it imposed on Iran before the nuclear deal was ultimately struck. Under these, tucked into Section 1245 of the 2012 National Defense Authorization Act, Washington threatened to sanction the banks of Iran’s main oil customers if they did not significantly cut their purchases of Iranian crude.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.