Exclusive: U.S. likely to extend Iran sanction waivers - sources

News Manager

Milforums News Bot
WASHINGTON (Reuters) - The United States will likely give India, South Korea, Turkey and others another six-month reprieve on Friday from financial sanctions because they have reduced their purchases of crude oil from Iran, two U.S. government sources said on Thursday. Oil shipments by Iran, the country's main source of foreign exchange, have more than halved in 2012 due to U.S. and European Union sanctions aimed at reining in Tehran's nuclear ambitions, pressuring its rial currency and igniting inflation. ...