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Watching Government: A balanced sanctions regime
Oil & Gas Journal: The White House’s Apr. 22 confirmation that it will end all waivers from Iran oil sanctions when they expire on May 2 will help keep a carefully balanced sanctions regime in place, an expert suggested. “We still expect a minimum of 400,000-500,000 b/d to keep flowing because Iran has threatened to close the Strait of Hormuz if it’s cut off,” Sara Vakhshouri, founder and president of SVB Energy International, said on Apr. 22.
“It also needs that amount to pay for medical and other humanitarian services,” she added during her presentation on new energy security dynamics at the Institute of World Politics in Washington.
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