‘Impossible to reduce Iran’s oil revenue to zero’

July 20, 2018

TEHRAN – Brian O'Toole, a former senior adviser to the director of the Office of Foreign Assets Control (OFAC), says U.S. plan to reduce Iran’s oil revenue to zero is “impossible” and that the world would not be with the U.S. in re-imposing sanctions on Tehran.

In 2013 there were rising sanctions as well as UN Security Council resolutions in place against Iran, O'Toole said while speaking at the Atlantic Council, IRNA reported on Friday.

But today the situation has changed, said O'Toole, voicing doubts about the Trump administration’s Iran policy.

Europe will abandon the U.S. in re-imposing the sanctions, he stated, adding that Turkey, Russia, China and India might do the same as they are big importers of Iran’s oil.


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