EIGHT COUNTRIES EXEMPTED FROM US SANCTIONS ON IRAN OIL

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The  United  States  is  preparing  to  impose  new  sanctions  on  Iran's  oil  industry  after  Washington  withdrew  from  a  nuclear  deal  between  Tehran  and  other  global  powers. US  has  decided  to  exempt  eight  countries  from  sanctions  and  allowing  them  to  temporarily  buy  Iranian  oil  as  they  showed  significant   reduction  in  oil  purchase  from  Iran. The  8  countries  include -  India, China, Japan, South Korea, Taiwan, Turkey, Italy  and  Greece. 

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