The US is seeking to end all exports of Iranian oil through a " calibrated " approach aimed at preventing a rise in global prices . The foreign special counsel Brian Hook claimed the recent temporary ban granted on imports of Iranian oil to foreign countries did n't detract from the wider goal of cutting off all the country 's export markets . Iranian imports are estimated to have fallen by one million barrels per day since April , according to Wood Mackenzie , with Hook claiming global supply was on course to increase demand next year , which would make it easier to replace imports from Iran .
The US is seeking to end all exports of Iranian oil through a "calibrated" approach aimed at preventing a rise in global prices. The US special representative Brian Hook claimed the recent temporary waiver granted on imports of Iranian oil to eight countries didn't detract from the wider goal of cutting off all the country's export markets. Iranian exports are estimated to have fallen by one million barrels per day since April, according to Wood Mackenzie, with Hook claiming global supply was on course to surpass demand next year, which would make it easier to replace imports from Iran.