WASHINGTON—The Trump administration will consider requests for waivers from economic sanctions against Iran on a “case-by-case” basis, a senior State Department official said Monday, a step back from threats to insist on zero imports by a Nov. 4 deadline. Buyers of Iranian crude oil have been hoping for relief from U.S. sanctions to have more time to reduce purchases. Oil prices rose to multiyear highs last week after U.S. officials signaled the administration would act to cut Iran exports faster than expected and said all...
Senior US State Department official Brian Hook said that countries requesting waivers from US sanctions against Iran will be examined "on a case-by-case basis", a departure from previous threats of sanctions for any country not complying 100% by 4 November. The move is likely to anger the European Union, which has been lobbying Washington and other world powers to impose new penalties on Iran.