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U.S. exempts 11 states from Iran sanctions; China, India exposed

Reuters
Wednesday, 21 March 2012

WASHINGTON (Reuters) - The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian crude oil, but left Iran's top customers China and India exposed to the possibility of such steps.
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Source: IBTimes.com - on March 21, 2012

News video: U.S. Exempts 11 States From Iran Oil Sanctions, Threatens China, India

U.S. Exempts 11 States From Iran Oil Sanctions, Threatens China, India

The U.S. has exempted 11 nations from financial sanctions in connection with their purchases of Iranian oil, but left the threat of penalties open on China and India.

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