Takeaway: Trump waives oil sanctions but warns it is last time unless Iran deal is fixed. Showdown at next waiver deadline on May 12.

CALL INFORMATION:

TODAY January 12, 2018

3:30 PM Eastern Time

Toll Free

Toll:

UK: 0

Confirmation Number: 13675521

Join Hedgeye Senior Energy Policy Analyst Joe McMonigle today for a flash conference call to discuss the Trump Administration’s decision to extend the waiver on US sanctions of Iranian oil sales.

A reluctant President Trump decided to issue another waiver of Iran oil sanctions as well as other various sanctions required under the Iran nuclear deal but will warned it will be the last waiver unless the agreement is changed to address his concerns.

In addition, the Treasury Department will also announce new sanctions on individuals and entities in Iran.