• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 10 hours Could Venezuela become a net oil importer?
  • 2 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 14 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 19 hours Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 10 hours Gazprom Exports to EU Hit Record
  • 13 hours Why is permian oil "locked in" when refineries abound?
  • 3 hours Oil prices going down
  • 12 hours EU Leaders Set To Prolong Russia Sanctions Again
  • 10 hours Could oil demand collapse rapidly? Yup, sure could.
  • 10 hours Oil Buyers Club
  • 13 hours EVs Could Help Coal Demand
  • 8 hours Saudi Arabia turns to solar
  • 1 day Teapots Cut U.S. Oil Shipments
  • 20 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 1 hour Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf

Nuclear Deal Commission Granted Iran Exemptions To Allow Lifting Of Sanctions

Oil storage

“Secret” exceptions to the terms of the Iranian nuclear deal have allowed Iran to evade some of the restrictions negotiated by the United States and its partners last year, a new think tank report said on Thursday.

The terms allowed Iran to meet the deadline for the nation to start getting relief from international sanctions that had been imposed on Iran, Reuters reported.

The Washington-based Institute for Science and International Security wrote the report, which cited several anonymous officials from the six governments involved in the negotiations - the U.S., Russia, China, Britain, France and Germany.

Reuters spoke with David Albright, the institute’s founder, who declined to reveal the identities of the officials referenced during the report’s writing.

"The exemptions or loopholes are happening in secret, and it appears that they favor Iran," Albright told Reuters.

The institute clarified on the bottom of the report that its stance on the deal – officially named the Joint Comprehensive Plan of Action - has been “neutral,” though many would disagree, claiming that the group has worked with neoconservative think tanks, such as the Foundation for Defense of Democracies, in the past.

Two of the loopholes that the joint commission overseeing the deal agreed upon allowed Iran to hold more than permitted level of low-enriched uranium in the country’s nuclear facilities. Had the exception not been made, a handful of Iran’s facilities would not have been in compliance of the deal by January 16th.

“Recently the Joint Commission created a Technical Working Group to consider further exemptions to Iran’s stock of 3.5 percent low enriched uranium,” Albright added in the report. “This cap is set at 300 kg of LEU hexafluoride but Iran apparently has or could exceed the cap if no further exemptions are granted by the Joint Commission.”

The White House and the U.S. negotiating team have previously said no secret exemptions had been made during negotiations. The report said that the White House had informed Congress about the exemptions on Implementation Day, though the information was not shared with the public.

Aside from these exemptions, the Joint Comprehensive Plan of Action is a matter of public record.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News