Only in Obama-land.
What’s the point of sanctions if everyone is exempted from them?
US exempts more nations from Iran sanctions
The Obama administration said that seven more economies would be exempt from its Iran-related sanctions that come into force at the end of the month, but left open the prospect that China could still face sanctions.
The state department announced Monday that Turkey, India, Taiwan, South Korea, Malaysia, South Africa and Sri Lanka had all reduced purchases of Iranian oil by a large enough amount to be given a six-month exemption from the sanctions, which come into operation on June 28.
In an earlier announcement, Japan and 10 European countries had already been awarded an exemption. The announcement comes ahead of another round of negotiations next week in Moscow between major powers and Iran over its nuclear programme.
The new US sanctions law was approved at the end of last year and allows the administration to impose sanctions on banks doing business with the Iranian central bank if a country has not “significantly reduced” purchases of Iranian oil.