Obama to exempt seven countries, including India from Iran oil sanctions

obama2Wow. Those Iranians must be really quaking in their sandals. Obama is already backing down on the Iran oil sanctions and has exempted seven countries. India, South Korea, Malaysia, South Africa, Sri Lanka, Turkey and Taiwan from the sanctions. India by itself, being one of the worst biggest users of oil basically nullifies any “effect” the so called sanctions would have had.

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