
President Donald Trump is again sending mixed signals on an important policy. Earlier this month, his administration followed through on reimposing oil sanctions against Iran, though the immediate effect is on third parties doing business with Tehran. He then immediately waived the sanctions for six months for eight countries that are Iran’s major oil and gas customers, explaining the waivers by saying he did not want to roil oil markets. The administration did not, however, issue a waiver for the European Union, which played a key role in the United Nations sanctions that forced Iran to come to the negotiating […]